New data-driven analytics platform to save ‘thousands of hours’ on ESG reporting
New data-driven analytics platform to save ‘thousands of hours’ on ESG reporting
SUSTAINABLE analytics platform GaiaLens has recently announced the launch of its latest data-driven sustainable analytics platform for asset owners.
The state-of-the-art solution significantly reduces time and resources spent on portfolio reporting and ESG benchmarking whilst also providing greater transparency and certainty over its findings.
Asset owners and managers continue to face significant challenges when it comes to ESG reporting. Some have reported having to spend more than 20 hours to produce an SFDR report for each of their multiple portfolios. In addition, there continues to be uncertainty over where ESG scores for public companies are actually coming from, with many providers offering ‘black box’ scores with opaque methodologies.
Continued debate over the classification of Article 8 or 9 investments along with expected changes to the regulatory landscape continue to make it difficult to confidently produce fully compliant SFDR reports quickly and efficiently via traditional methods.
Driven by a desire to simplify sustainability analytics and reporting through data, GaiaLens has developed a unique offering that equips asset owners with all the tools and resources needed to make informed decisions that align with their sustainability goals and SFDR regulations, at the click of a button.
Asset owners can upload a portfolio and generate their SFDR reports within seconds. They can search for over 20,000 publicly listed companies and view GaiaLens’ fully explainable scores that go right down to the most granular level of data. They can also see the overall portfolio score of their uploaded portfolio versus a selected benchmark instantaneously.
Recognising the need for personalisation at every level, the cutting-edge platform provides fully customised thematic screens to track various ESG topics, such as modern slavery, climate transition, and diversity. Users can also view ESG factor level data and ESG news relevant to the selected theme.
The GaiaLens sustainable analytics platform has received excellent feedback from its growing network of asset owners and managers who now consider it to be a key part of their ESG workstream. One customer, a mid-to-large sized Asset Management firm with over 250 institutional clients, and $60 billion in assets under management, saved over 2,000 hours of manual ESG work per year.
Gordon Tveito-Duncan, GaiaLens CEO and Co-Founder said:
“Economic value creation can and should be combined with environmental stewardship, social inclusion, and sound governance. But there are too many grey areas in ESG reporting and this is significantly impacting the ability of asset managers to confidently present the best cases for ESG investment.
“Sustainable analytics lies at the heart of these conversations, whether it’s supporting allocation level analyses, communicating impact to stakeholders or performing greenwashing risk assessments. We are proud to have developed a robust AI-powered solution that combines the latest thinking of ESG investing with cutting-edge technology to help asset managers and charities drive forward impactful decisions through the confident collation, analysis and presentation of ESG data.”
For more details, please visit: www.gaia-lens.com.
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- September 27, 2024
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