S&P Global Market Intelligence expands Reference Bond Data with addition of Sustainability granularity

Rhea-AI Summary

S&P Global Market Intelligence has expanded its Bond Reference Data by incorporating 20 new sustainability-related descriptive data fields. This enhancement covers over 11,000 active Corporate and Sovereign bonds in more than 60 currencies. The dataset now includes key metrics like key performance indicators (KPIs), sustainability performance targets (SPTs), use of proceeds, and sustainable development goals (SDG) alignment, providing more granularity into environmental, social, and governance bonds. The new data will aid investors in making informed decisions, regulatory compliance, and portfolio construction aimed at sustainable investments. This expansion aligns with the growing interest in sustainability projects such as renewable energy and affordable housing. The expanded dataset can be integrated with S&P Global's existing services, offering comprehensive support for financial institutions.

Positive

• Inclusion of 20 new sustainability-related data fields enhances dataset.
• Covers over 11,000 active Corporate and Sovereign bonds in 60+ currencies.
• Provides key metrics like KPIs, SPTs, and SDG alignment.
• Helps investors make informed decisions and comply with regulations.
• Supports investment in sustainability projects such as renewable energy and affordable housing.
• Can be integrated with existing corporate and sovereign bond pricing services.

Negative

• No immediate financial impact or revenue increase mentioned.
• Potential costs associated with dataset expansion and integration.
• Complexity in navigating and interpreting new data fields for some users.

The newly expanded dataset provides additional Sustainability related granularity on 11,000 active Corporate and Sovereign bonds

NEW YORK, June 18, 2024 /PRNewswire/ -- S&P Global Market Intelligence has announced the expansion of its Bond Reference Data by including 20 additional sustainable descriptive data fields to complement its existing terms and conditions data. The new dataset offers an extensive range of key metrics and information to help investors, banks and corporates better identify, invest, and assess exposure to bonds earmarked for sustainable initiatives.

The expanded offering from S&P Global Market Intelligence covers over 11,000 global Government, Supranational, Agency and Corporate (GSAC) bonds in over 60 currencies. Providing greater transparency, the dataset includes details such as key performance indicators (KPI), sustainability performance targets (SPT), use of proceeds and sustainable development goals (SDG) alignment. Labels providing granularity into the type of bond such as environmental, social or governance along with second party opinion, provide additional information for effective portfolio creation.

Krishna Shetty, Executive Director, S&P Global Market Intelligence, said, "We are seeing significant interest from global clients looking to invest in sustainability related projects like renewable energy, energy transition, affordable housing, and healthcare. This new dataset will provide increased transparency, clarity, and allow clients to make more informed decisions, meet regulatory requirements and monitor exposure in this increasingly growing market."

With the addition of sustainability fields, users will be able to perform instrument screening, portfolio construction, as well as comply with reporting and labeling for regulations, such as UK Sustainability Disclosure Requirements (SDR) and EU Sustainable Finance Disclosure Regulation (SFDR), all while mobilizing capital towards social and sustainability investment.

The expanded Bond Reference Data offering will also complement existing corporate and sovereign bond pricing service and can be combined with S&P Global S1's company level ESG scores. S&P Global Market Intelligence's Bond Reference Data powers intraday and end of day pricing on 2.9 million active global securities across GSAC, municipal, and securitized products, with customizable delivery mechanisms.

About S&P Global Market Intelligence

At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence.

Media Contact
Sabrina Mayeen
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E. Sabrina.Mayeen@spglobal.com

 

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SOURCE S&P Global Market Intelligence

FAQ

What is the recent expansion in S&P Global Market Intelligence's Bond Reference Data?

The expansion includes 20 new sustainability-related descriptive data fields, covering over 11,000 active Corporate and Sovereign bonds.

How many bonds are covered in the new S&P Global Market Intelligence dataset?

The dataset covers over 11,000 active Corporate and Sovereign bonds in more than 60 currencies.

What key metrics are included in the expanded S&P Global dataset?

The dataset includes key performance indicators (KPIs), sustainability performance targets (SPTs), use of proceeds, and sustainable development goals (SDG) alignment.

How will the expanded dataset benefit investors?

It will help investors make informed decisions, comply with regulations, and construct portfolios aimed at sustainable investments.

What sustainable projects are targeted by the new S&P Global dataset?

The dataset targets projects related to renewable energy, energy transition, affordable housing, and healthcare.