S&P Global launches Data Solution to Support the Sustainable Finance Disclosure Regulation (SFDR) requirements

Rhea-AI Summary

S&P Global has launched the SFDR Data Solution to aid compliance with the Sustainable Finance Disclosure Regulation (SFDR), effective in the EU since March 10, 2021. This solution provides investors access to comprehensive ESG datasets, enabling them to identify sustainability risks associated with their portfolios. Key features include Trucost Environmental data and S&P Global ESG Scores, which align with principal adverse impact indicators targeted by SFDR. This initiative assists investment managers in assessing and disclosing their portfolios' negative sustainability impacts.

Positive

• Launch of SFDR Data Solution enhances compliance with regulatory requirements.
• Access to comprehensive ESG datasets supports investors in risk assessment.
• Integration of reputable datasets like Trucost Environmental data and S&P Global ESG Scores.

Negative

• None.

LONDON, April 13, 2021 /PRNewswire/ -- S&P Global has announced today the launch of the SFDR Data Solution to support the Sustainable Finance Disclosure Regulation (SFDR). The SFDR, which came into application in the European Union on 10^th March 2021, has introduced new rules for how financial market participants and financial advisers incorporate and disclose sustainability risks and adverse impact factors.

The SFDR Data Solution will help investors meet the SFDR requirements, drawing on a wide range of ESG datasets from S&P Global to identify the sustainability risks associated with investments. The S&P Global data is mapped to align with the principal adverse impact indicators (PAIs) targeted by SFDR.

Steven Bullock, Global Head of ESG Product Innovation and Analytics at S&P Global, said, "Under the new regulation, investors will be required to assess and disclose the negative sustainability impact of their portfolios. Investment managers are seeking a comprehensive range of ESG data to meet their requirements under SFDR. Leveraging the dataset we have built for the SFDR, investors will be able to access a comprehensive range of robust and high quality ESG data to identify the sustainability risks of their investments and disclose in line with the SFDR requirements."

S&P Global's SFDR Data Solution includes Trucost Environmental data, Sovereign Carbon Exposure, Physical Risk, S&P Global ESG Scores, and other datasets from the S&P Global Capital IQ platform. These S&P Global datasets will enable investors to understand companies' carbon emissions and energy consumption, the impact of climate change on physical assets and broader performance on a range of different ESG factors.

About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities around the world use this essential intelligence to make business and financial decisions with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. For more information, visit www.spglobal.com/marketintelligence.

Media Contact

Sabrina Mayeen
S&P Global | Market Intelligence
+44 (0)20 7176 0495
Sabrina.Mayeen@spglobal.com 

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SOURCE S&P Global Market Intelligence

FAQ

What is the SFDR Data Solution launched by SPGI?

The SFDR Data Solution helps investors comply with the Sustainable Finance Disclosure Regulation by providing access to diverse ESG datasets.

When did the Sustainable Finance Disclosure Regulation come into effect?

The SFDR came into effect on March 10, 2021, in the European Union.

How does SPGI's SFDR Data Solution assist investors?

It enables investors to identify sustainability risks and disclose adverse impacts associated with their portfolios.

What types of data are included in the SFDR Data Solution?

The solution includes Trucost Environmental data, Sovereign Carbon Exposure, Physical Risk, and S&P Global ESG Scores.

What do the ESG datasets in the SFDR Data Solution help investors understand?

These datasets help investors assess companies' carbon emissions, energy consumption, and overall ESG performance.