Northern Trust has completed the first stage toward an industry-wide voluntary carbon credit ecosystem that would allow institutional buyers to digitally access carbon credits from leading project developers. This follows Northern Trust’s milestone of completing fully automated transactions on the initial MVP digital carbon credit platform it has developed with carbon avoidance and removal project…
Category: ESG
Fundrella appoints COO
Fundrella AB, the Sweden-based fintech, has appointed Struan Malcolm as chief operating officer. Malcolm was most recently head of Nordic sales for Northern Trust’s asset servicing business. Fundrella is a matchmaker in asset management, allowing professional investors to discover funds that align with their ESG criteria.
IQ-EQ partners with Novata for ESG solution
IQ-EQ, the Luxembourg-based administrator, has formed an alliance with Novata, a technology platform providing private markets participants with an ESG data solution. The alliance aims to help portfolio companies report the highest quality data to investors and ultimately drive positive sustainable change. Through this platform, asset managers, investors and portfolio companies can identify the ESG…
BNP Paribas launches ESG screening
BNP Paribas’s securities services business has enhanced its investment compliance screening capabilities to include a range of ESG criteria. The new service enables asset managers and asset owners to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service employs a range of data feeds from external and internal sources to enable asset…
Redwheel adopts EDS ESG solution
Redwheel, a UK-based asset manager with c. USD19bn AuM, has adopted the data aggregation tool developed by Equity Data Science to enhance ESG integration across its investment business. Northern Trust took a stake in EDS in 2021 and jointly launched an ESG workflow solution that allows investors to access and share ESG information. The data…
Apex launches ESG DaaS platform
Apex has launched an ESG data as a service platform for the private markets. Apex has been collecting, verifying and examining private market ESG data from more than 400 GPs, and 1,500 portfolio companies in more than 45 countries since 2019, compiling a proprietary and verified ESG database for benchmarking performance. The database will include…
Apex partners with Briink for ESG
Apex Group has partnered with Briink, a Berlin-based AI technology company specialising in EU taxonomy and SFDR reporting solutions for fund managers, to enhance its ESG advisory services. Apex’s EU taxonomy solution provides a five-step process, enabling clients to assess and improve taxonomy alignment credentials and prevent greenwashing. Briink’s technology helps Apex’s clients to save…
UI supports Pella fund launch in Europe
Universal Investment, the Germany-based administrator that claims to have EUR950bn AuA (USD1trn), has supported the launch of the Pella Global Securities Sustainable Fund in Europe as part of the UI I umbrella fund. Pella Funds Management is an Australian asset manager. In addition of acting as fund service platform, Universal Investment will provide Pella with…
Broadridge launches ESG Analyzer
Broadridge Financial Solutions, Inc., the U.S.-based fintech, has launched ESG Analyzer, a web-based ESG disclosure and data analytics benchmarking tool that delivers “timely, high-quality, cost-effective, transparent data and insights”. The ESG Analyzer allows companies to view all of their ESG metrics in a single dashboard, compare their data side-by-side with peer companies to better understand…
Northern Trust and EDS launch ESG workflow solution
Northern Trust and Equity Data Science, in which the bank has a stake, have launched an ESG workflow solution that will allow investors to access and share ESG information. The data aggregation tool leverages data science to increase transparency while enhancing efficiency and collaboration amongst investment teams.