Yourstake launches a free library of SFDR data
30 November 2022 US
Image: Maksim Kabakou
Data solutions provider Yourstake has launched a free library of Sustainable Finance Disclosure Regulation (SFDR) data, covering the top 200 highest market cap companies in the S&P 500 and Stoxx 600 index.
YourStake’s free SFDR data library covers all 18 proposed mandatory indicators covered by the regulation, sourced from a range of company reports reviewed by YourStake’s data team.
Under SFDR, asset managers, financial advisers, and other providers will be required to disclose all funds’ environmental credentials under a specific framework, structured to help categorise products based on 18 mandatory and 46 optional principal adverse impact indicators (PAIs).
Beginning in early 2023, asset managers that operate in Europe will be required to comply with the SFDR regulatory technical standards (RTS) to disclose the PAIs using the mandated disclosure template.
Patrick Reed, CEO, and co-founder of Yourstake, says: “We were proud to bring this solution as a free offering for all to help make ESG investing more transparent. Since there is a gap in time between when funds and companies are required to disclose this data, we’re hopeful our solution can be a bridge to help create impact now.”
YourStake’s free SFDR data library covers all 18 proposed mandatory indicators covered by the regulation, sourced from a range of company reports reviewed by YourStake’s data team.
Under SFDR, asset managers, financial advisers, and other providers will be required to disclose all funds’ environmental credentials under a specific framework, structured to help categorise products based on 18 mandatory and 46 optional principal adverse impact indicators (PAIs).
Beginning in early 2023, asset managers that operate in Europe will be required to comply with the SFDR regulatory technical standards (RTS) to disclose the PAIs using the mandated disclosure template.
Patrick Reed, CEO, and co-founder of Yourstake, says: “We were proud to bring this solution as a free offering for all to help make ESG investing more transparent. Since there is a gap in time between when funds and companies are required to disclose this data, we’re hopeful our solution can be a bridge to help create impact now.”
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