Pictet Asset Services, the asset servicing business line of the Pictet Group, has created a platform to monitor and steer ESG risk exposures.
The ESG risk report allows external asset managers and institutional clients to monitor their portfolios’ ESG risks with a detailed environmental, social and governance risk analysis, as well as carbon and physical risk analysis.
The report delivers transparency about the top and worst risk contributors which allows investors to rebalance portfolios along individual strategic ESG goals.
Clients also have the option to monitor controversy exposure, as outlined by their governance framework and in alliance with the interests of stakeholders.
The ESG data used to run the platform is sourced from three independent global providers and covers close to 20,000 companies worldwide.
The report is periodically updated to track evolving ESG risks and client needs.
Marc Briol, CEO of Pictet Asset Services, says: “We are pleased to be able to capitalise on Pictet Group’s strong ESG expertise to offer this value-added service for all custody and fund clients of Pictet Asset Services.
With this newly launched ESG risk report, we extend our service offering beyond regulatory support services and offer our clients the possibility to get an overview of the ESG impact of their portfolio.”
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