BNP Paribas Securities Services has launched an environmental, social and governance (ESG) risk analytics tool for institutional investors.
Institutional clients of BNP Paribas Securities Services will soon be able to rate their investments against a range of ESG factors.
ESG Risk Analytics will allow investors to assess their portfolios against 750 data points such as carbon emissions, energy usage, human rights and board diversity.
BNP Paribas Securities Services general manager Patrick Colle said ESG is rapidly becoming an "essential part of the investment decision-making process for investors".
"However, putting an ESG-aware investment strategy into practice can prove difficult, with data gathering and analysis presenting some of the most testing challenges," he said.
"Managing this data, analysing it and presenting it in a clear, concise and easily digestible way is the core of what the ESG Risk Analytics solution provides for clients.
"With this new solution, we aim to help institutional investors overcome obstacles and incorporate ESG into their everyday investment decisions," Mr Colle said.
Troubled wealth giant AMP has admitted it faces a long hard road to recovery. With an increasingly vigilant regulator, conduct remains its g...
The chief executive officer of Woman’s World Banking has said that including women in the financial industry may be the silver bullet in s...
Volatility in global politics, increasing input costs and rising funding prices are causing one of the largest drops in wealth managerial co...