JPMorgan Securities Service has launched its Sustainable Investment Data solution, a sustainability interrogation and integration tool for institutional investors.
The product aims to make it easy and efficient for cients looking to invest in ESG.
It would give investors access to precise data while providing a way to manage, monitor, and access tools for customised metrics.
Data will be enriched with common identifiers and delivered in standardised formats to allow easy joining between datasets.
In addition,investors will be able to load and manage multiple company hierarchies. They can define their data propagation rules, which are used to generate new datasets.
JPMorgan’s solutions for sustainable investments are available through the bank’s analytics platform, Fusion, and combines data from Bloomberg, Equileap, FactSet, ISS ESG, MSCI, RepRisk, Revelio Labs, S&P Global, and Sustainalytics.
One of the challenges the industry faces with ESG investments is that there is only piecemeal data available and these gaps have made investments difficult, according to Gerard Francis, head of data solutions at JPMorgan.
He said, “To use ESG related data at times it can take up to six to twelve months. However, we have standardised the data in a way that the same information can be used within hours.”
More than $30 trillion in capital has been committed to ESG investments as the world looks to curb greenhouse gas emissions and companies face pressure on issues such as workplace diversity and social justice.
Regulators in US are working on for how companies provide information to help investors gauge their impact on the environment, as part of a broad drive to stem climate change from activities such as the use of fossil fuels.
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