ESG Book, a global leader in sustainability data and technology, and Ortec Finance, the leading provider of technology and solutions for risk and return management, have announced a new partnership to deliver next-generation ESG data and insights to investors. Having accurate ESG data is going to become a crucial regulatory requirement for insurers and brokers in future, so investing in the right sources will be of high importance to anyone working in compliance.
Through the collaboration, Ortec Finance will leverage ESG Book’s suite of climate and sustainability data solutions to provide clients with a one-stop shop for sustainability analysis.
Ortec Finance’s partnership with ESG Book, formerly Arabesque S-Ray, will enable investors to access a wide range of metrics and data on corporate greenhouse gas (GHG) emissions and green revenues, as well as regulatory solutions addressing Sustainable Finance Disclosure Regulation (SFDR), Task Force on Climate-Related Financial Disclosures (TCFD) and EU Taxonomy requirements.
Launching later in 2022, Ortec Finance is developing an on-demand Implied Temperature Score (ITR) analytics platform for Climate ALIGN, which will be powered by ESG Book’s market-leading climate data. The platform will allow clients to access ITR scores across multiple asset classes including public equities, credit, and private markets. ITR scores will be available for individual securities, and at an aggregate level across asset classes and portfolios.
Ton van Welie, CEO of Ortec Finance, said: “We are thrilled about the partnership between ESG Book and Ortec Finance. The financial impact of climate risk, combined with net zero alignment, are increasingly taking centre stage in investment decision-making. By combining ESG Book’s sustainability data and technology with the models and methodologies of Ortec Finance, we are able to provide our clients with the analytics and insights that enable them to manage the increasing complexity of investment decision-making.”
Dr Daniel Klier, CEO of ESG Book, said: “With a shared vision to empower investment decisions through transparency, we are delighted to be collaborating with Ortec Finance to accelerate client access to comparable, reliable ESG data and insights. With the growing focus on the transition to a net zero economy, investors worldwide are developing more robust approaches to climate scenario analysis, and through this partnership, we are excited to deliver the best solutions in the market”.