ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector.
Software firm OneTrust has launched the OneTrust ESG platform, which aims to enable companies to better identify internal and supplier risks, as well as compliance gaps. The platform will be a central hub from which to build ESG programmes that can manage privacy, security, data, governance, ethics and compliance. “As companies work to be more trusted, corporate social responsibility and sustainability are critical to track, measure, and report. OneTrust ESG integrates these initiatives into the largest and most widely used privacy, security, and data governance platform. Our technology provides the frameworks, data collection capabilities, third-party data sources, templates, analytics, and dashboards teams need to make ESG a part of the organization’s overall trust fabric to make trust a competitive advantage,” said Kabir Barday, OneTrust CEO.
Linedata, a global provider of credit and asset management technology, has integrated ESG data into asset managers’ workflows through its collaboration with ESG analytics provider Arabesque S-Ray. Implementing machine-learning processes, Arabesque analyses the sustainability performance of over 8,000 global companies and integrates them into Linedata’s portfolio. The aim is to help meet the growing demands from regulators and investors for transparent ESG funds. “We believe economic value creation can go hand in hand with environmental stewardship, social inclusion and sound governance. Our agreement with Linedata empowers more asset managers to make better decisions for a sustainable future,” said Georg Kell, Chairman of the Arabesque Group.
BNP Paribas has partnered with Baringa to develop its climate scenario analysis capability. To achieve this, BNP Paribas will be leveraging Baringa’s existing Climate Change Scenario Model. The establishment of more integrated climate scenario analysis will improve climate risk management, client engagement and both internal and external reporting. “Climate scenario analysis is a critical strategic capability for BNPP. We are delighted to be working with Baringa who are deep experts in this topic. They bring 20 years of experience of energy system and climate transition modelling, as well as their experience as leaders in deploying climate strategies into many of the largest banks in the world,” said Antoine Bezat, Head of Stress Testing Methodologies and Models at BNPP.
AI company AnalytixInsight has expanded its AI-driven research solution with Refinitiv to include ESG analytics. Prior to this, AnalytixInsight had published more than 13,000 report on company earnings, dividend quality and pre-revenue company analysis. Through its financial analytics platform, CapitalCube, the firm will now embed ESG scores and ESG metrics into proprietary analysis.