Home > ESG > ISS ESG Unveils Climate Reporting Requirement Dataset

ISS ESG Unveils Climate Reporting Requirement Dataset

The new information is available via DataDesk, part of an evolving suite of climate solutions that allow users to analyze climate risk exposure.
By Matt Toledo



ISS ESG has unveiled a scenario analysis dataset that allows investors to assess and benchmark their portfolios with climate reporting requirements incorporated. The tools are part of ISS ESG’s DataDesk platform, which allows users to assess their portfolios’ exposure to climate risks.

The scenario analysis tools will allow investors to assess their portfolios’ alignment with reporting requirements and standards of organizations such as the UN Environment Program’s One Earth Climate model, the Network for Greening the Financial System Climate Scenarios Phase 3 and the International Energy Agency’s World Energy Outlook 2022.

“The new dataset helps investors assess a portfolio’s alignment with up to 22 scenarios provided by leading public pathways, to satisfy evolving global and regional climate-related reporting requirements, and to conduct a broad range of benchmarking analyses across sectors and regions,” said Till Jung, head of ISS ESG, in the announcement.

Metrics tracked by the tool include implied temperature rise and cumulative alignment metrics, among a wide range of indicators that allow for greater transparency.

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ISS ESG is a unit of ISS STOXX, which also owns CIO.

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Home > News > Research > Research Grant Contest Announced for Studying ESG Investing
Research

Research Grant Contest Announced for Studying ESG Investing

Principles for Responsible Investment wants to find out how decarbonizing and other similar goals are working out in the Global South.

 

By Larry Light


A consortium of institutional investors has announced a competition for a grant to launch a research project that will analyze how ESG-oriented investing does or does not further goals of fostering a more sustainable and equitable global financial system, especially in the developing world.

The United Nations-sponsored group, the Principles for Responsible Investment, announced the call for research plans, to be funded over five years with a grant of 300,000 pounds ($371,000). Proposals are due June 28, and the research would start this year. PRI was formed in 2005, drawing from institutions in 12 nations and dedicated to incorporating environmental, social and corporate governance principles into investment analysis and decisionmaking.

A critical item expected to be examined by this inquiry is how large investors can better understand the needs of the Global South—countries that have not yet achieved “developed” status—which sometimes differ from those of developed countries, such as poorer nations’ greater reliance on carbon-based fuels.

As the announcement put it, “What roles can responsible investment play in addressing systemic challenges including inequality, entrenched poverty, and a just transition to a low-carbon economy?”

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Two of the top PRI officials, after whom the Reynolds & Gifford PRI Grant is named, addressed a meeting announcing the contest with the message that the organization had accomplished much, but still has a long way to go.

James Gifford, the group’s founding executive director and also the head of sustainability and impact advisory at UBS Global Wealth Management, noted the role of pension funds and other allocators in boosting ESG through private investing. “Ownership is important,” he said, meaning the impact of well-funded institutions pushing for change.

Fiona Reynolds, a former PRI executive director and the chair of the UN Global Compact (Australia) and Finance for Peace, added that it also is “unrealistic for the private sector to solve all the world’s problems.”

Despite gains in enlisting institutions and widespread adoption of “responsible investing” precepts, the PRI pointed out in the document outlining the contest that global temperatures are still rising. It asked, “Can RI be a path to a better financial system that positively influences the broader systems around it?”

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