Data Management Insight ESG & Sustainability The latest content from across the platform
SBTi Warns Lack of Net-Zero Standards Will See Paris Goals Missed
The absence of standard global reporting structures has long been seen as an impediment to the effective allocation of resources into ESG-themed projects and products by financial institutions. Now they are finding similar handicaps as they try to navigate the net-zero transition space, according to a report by leading greenhouse gas reduction framework setter Science-Based…
EU Moves Closer to Creation of Green Bonds
The European Union took a step closer to enabling the creation of verified green bonds when council members approved a list of requirements that issuers must satisfy to be granted EU Green Bond (EuGB) status. The council said its members had agreed that a registration system and supervisory framework for external reviewers should be created….
Xignite Builds Broker, Wealth Manager ESG API into ESG Book
Market data distribution provider Xignite has built an API to funnel ESG information to brokers and wealth managers connected to the Arabesque-managed ESG Book. California-based Xignite’s ESG API is also hoped to accelerate the creation of ESG-based financial products, it said. “If you do not offer ESG data and portfolio analytics to your clients today,…
ESG Forward to Feed Data Information to Sustainability-Focused Clients
A sustainability-focused content and education platform has been created to help financial advisers satisfy their clients’ demands for impact investment products. ESG Forward will feed data, blog posts, infographics and other information to advisers. The service was created by Boston-based communication and marketing firm Longview Strategies.
SEC Climate-Reporting Announcement Raises TCFD Expectations
The American financial regulator’s long-awaited announcement that it would force banks and other institutions to reveal climate impact data in their regular reporting has prompted many to suggest the disclosure framework it has chosen to follow will soon be adopted as the global default. The Securities and Exchange Commission (SEC) said earlier this month that…
ICE to Expand Geospatial Framework for MBS ESG Assessment Globally
Intercontinental Exchange (ICE) is planning to expand globally a hyper-local geospatial data grid that the market services giant has begun using to provide mortgage investors with sustainability risk information. The Atlanta and New York-based company expects the tool, which can map data to spaces down to 100 metres square and can drill down to the…
EIU Unveils ESG Ratings Coverage of 150 Countries
The Economist Intelligence Unit has launched its own ESG Rating Service for investors and consumers, offering scores on 150 countries based on 90 sustainability indicators. The service gives country-level historic rankings back to 2015 and lays out quarterly analyses of key trends. The London-based information provider said the comparability of the ratings would help clients…
Social Taxonomy Poses Data Challenges Say Experts
The European Union’s plans to create a Social Taxonomy will pose even greater data challenges than the framework created for financial institutions and companies to report on their environmental impacts. Experts warn that the lack of concrete data on issues such as diversity and modern slavery will make the process of formulating the regulation slow…
Real Estate ESG Intelligence Firm Deepki to Boost Data Capabilities After New Funding Round
Property data intelligence and carbon accounting company Deepki is looking to boost its data and technology capabilities after raising €150 million (US$165m) in its latest funding round. The London- and Paris-headquartered company is on the scout for acquisitions among internet-of-things (IoT) and other data-gathering technologies to help bolster its emissions monitoring and reporting service for…
What is Digital Transformation and How Do You Get it Right?
While financial institutions are grasping the opportunities offered by the digital transformation of their activities, a number of impediments are hampering some from extending the strategy to their operations teams in the back office. A stubborn corporate culture, fear of change and a lack of planning are just some of the challenges cited by industry…