Northern Trust and Equity Data Science launch ESG data solution
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Northern Trust and Equity Data Science launch ESG data solution 15 November 2022United Kingdom Reporter: Jenna Lomax
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Northern Trust has partnered with Equity Data Science to launch an ESG workflow solution that will allow investors to quickly access and share ESG information.
The new ESG digitised data aggregation tool applies data science to help increase transparency while enhancing efficiency and collaboration among investment teams.
The ESG workflow solution allows investment teams to analyse and measure decision-making across the investment lifecycle and quickly share and evaluate information as it becomes available.
The solution’s capabilities include automated capture of ESG data from market and specialist vendors, including unstructured data sets that identify potential ESG issues. It also offers workflow tools that digitise analysts’ processes around gathering, reviewing, and annotating ESG scoring and events.
In addition, the solution has analytics and dashboards that allow analysts and portfolio managers to interrogate, visualise and compare ESG scores from major vendors to provide deeper insights into each company’s ESG profile.
Greg McCall, president of Equity Data Science, says: “The ESG workflow solution helps clients tackle several issues brought on by the complexities of ESG data without altering their processes. This allows investment teams to modernise and integrate their ESG data across the entire investment lifecycle, empowering them to further harness their ESG data.”
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