Confluence, the U.S.-based technology solutions provider, is working with Trucost, a provider of carbon and environmental data and risk analysis. The collaboration combines Confluence’s cloud-based Revolution platform with Trucost’s data to provide an integrated ESG analytics and regulatory reporting solution. Part of S&P Global, Trucost has been assessing risks relating to climate change, natural resource constraints and broader environmental, social, and governance factors since 2000.
The combined offering will help clients understand their ESG exposure to common factors and identify solutions for a more sustainable global economy. The service includes compliance monitoring across EU SFDR and Taxonomy, as well as ex-ante and ex-post portfolio analytics into broader regulatory framework combined to portfolio and benchmark analyses.