Nasdaq’s Capital Access Platforms division has launched two offerings, Nasdaq Metrio and Nasdaq eVestment ESG Analytics to help corporates and investors further streamline their sustainability and impact investing decisions.
Nasdaq Metrio is a SaaS-based platform created to help corporations collect, measure and report sustainability data. It includes audited ESG data from raters, rankers and framework organisations to attract investors.
The platform also features a carbon accounting and management product for companies focused on their scope 1, 2 and 3 emissions.
Nasdaq eVestment ESG Analytics was desgned to help asset managers better quantify the ESG impact of a portfolio’s position to the market. It provides data for the institutional investment community to understand risks and exposures.
The offering leverages data and algorithms sourced from ESG data providers including Matter, a Nasdaq Ventures portfolio company.
The launch of the two offerings comes after the Nasdaq ESG Advisory team released its ‘2023 Global Net Zero Pulse’ report to help corporations inform their carbon credit purchase decision and sustainability initiatives.
The report, which canvassed 248 sustainability professionals, found that 25% of companies have set a net zero target, and the same percentage expect to within two years.
Around 78% of companies surveyed have implemented some type of credit purchase strategy, while 88% feel pressure to set a net zero target as a part of their climate change efforts.
Nelson Griggs, president of Capital Access Platforms at Nasdaq, says, “We are committed to meeting current and future corporate and investor needs to help clients unlock return on investment for their sustainability initiatives and impact investing strategies.
He adds that the launches were just nine months into Nasdaq’s enhanced corporate structure, and these offerings showcase its position as a bridge between corporates and investors.
© Markets Media Europe 2023
