Nasdaq division launches Nasdaq Metrio and eVestment ESG Analytics
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Nasdaq division launches Nasdaq Metrio and eVestment ESG Analytics 20 September 2023US Reporter: Jenna Lomax
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Nasdaq’s Capital Access Platforms division has launched two offerings, Nasdaq Metrio and Nasdaq eVestment ESG Analytics.
The services have been designed to help corporates and investors further streamline their sustainability and impact investing decisions.
Nasdaq Metrio is a SaaS-based platform created to help corporations collect, measure and report sustainability data. It houses audited ESG data from raters, rankers and framework organisations to attract investors.
The platform also features a carbon accounting and management product for companies focused on their scope 1, 2 and 3 emissions.
Nasdaq eVestment ESG Analytics was created to help asset managers better quantify the ESG impact of a portfolio’s position to the market. The offering provides data for the institutional investment community to understand risks and exposures.
It uses data and algorithms sourced from ESG data providers including Matter, a Nasdaq Ventures portfolio company.
The launch of the two offerings comes after the Nasdaq ESG Advisory team released its ‘2023 Global Net Zero Pulse’ report to help corporations inform their carbon credit purchase decision and sustainability initiatives.
The report, which includes a survey gathering insights from 248 sustainability professionals, found that 25 per cent of companies have set a net zero target, and another 25 per cent expect to within two years.
Some 78 per cent of companies surveyed say they have implemented some type of credit purchase strategy, while 88 per cent say they feel pressure to set a net zero target as a part of their climate change efforts.
Nelson Griggs, president of Capital Access Platforms at Nasdaq, says: “We are committed to meeting current and future corporate and investor needs to help clients unlock return on investment for their sustainability initiatives and impact investing strategies.
“It’s an exciting time for our Capital Access Platforms division, just nine months into Nasdaq’s enhanced corporate structure, and these offerings showcase our unique position as a bridge between corporates and investors.”
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