State Street has launched an enhancement to its ESG solutions product suite. ESG Risk Analytics provides clients with the ability to address new global regulatory reporting requirements. Through a single platform, this data coverage brings clients the ability to cover most Principle Adverse Impact (PAI) disclosure requirements. ESG Risk Analytics is designed to provide risk management, metrics and target reporting capabilities for Task Force on Climate-related Financial Disclosures (TCFD) on a platform that allows clients to effectively measure their carbon footprint and intensity, and offers clients monthly, quarterly and annual ESG reporting. In addition, State Street’s suite of ESG solutions will be providing regulatory support and complete data coverage for the EU Sustainable Finance Disclosure Requirements (SFDR).
