BNP Paribas Securities Services’ environmental, social and governance (ESG) marketplace, Manaos, has partnered with Util and V.E, part of Moody’s ESG Solutions.
Manaos is an open servicing platform designed for institutional investors to manage their post-trade investment data.
The partnerships are set to enrich Manaos’ sustainability data and analytics offering. As part of its Open ESG strategy, Manaos partners with sustainability fintechs to give users ready access to ESG data and analytics tools.
Now live on Manaos, Util’s machine learning models quantify the degree to which every listed company positively and negatively impacts the 17 United Nations Sustainable Development Goals and their 169 targets.
To objectively evaluate a company’s real-world impact, Util focuses on the effects of its products and services and draws conclusions from peer-reviewed journals, BNP Paribas explains.
Meanwhile, with the onboarding of data from V.E, part of Moody’s ESG Solutions, data can be scored and assessed to help investors better understand their exposure to ESG risks and opportunities, and facilitate reporting, innovation and active engagements with companies.
Patrice Hiddinga, CEO of Manaos, states: “The onboarding of Clarity AI, Util and V.E makes a strong case for the benefits of complementary approaches to ESG.”
“Using Manaos, investors are finally able to assess the ESG impact of their portfolio by mapping their investment data to the most innovative fintechs on the market quickly and efficiently.”
In March, Manaos announced a partnership with Clarity AI, a sustainability and data science company.
