ESG marketplace Manaos announced two new partnerships with London-based financial technology firm Util and V.E, part of Moody’s ESG Solutions, aimed at further developing its offerings of sustainability data and analytics solutions.
Manaos, a subsidiary of BNP Paribas, provides interoperability between institutional investors and their ecosystems, enabling investors to connect to ESG fintechs and data providers in for a comprehensive view of their portfolios and investments. Manaos stated that it aims to become the leading marketplace for sourcing ESG data and monitoring and reporting on sustainability.
Util focuses on measuring the impact of companies’ products and services on the UN Sustainability Development Goals (SDGs). Under the new partnership, Util’s machine learning models are now live on Manaos, enabling users to quantify the positive and negative product and service-level impact of their investments.
Patrick Wood Uribe, CEO of Util, said:
“The partnership between Manaos and Util supports our long-term goal of empowering all investors to better understand and compare the impact of their investments. Our analytics provide greater accuracy, coverage and depth than traditional datasets or aggregators. This new way of measuring impact gives our clients unprecedented insight into how their portfolios affect the complex social and environmental challenges facing the world.”
In addition, Manaos has onboarded data from V.E, part of Moody’s ESG Solutions. V.E’s data scores and assessments provide investors with a better outlook on their exposure to ESG risks and opportunities, and facilitate reporting, innovation and active engagements with companies.
Sabine Lochmann, Global Head of Moody’s ESG Measures & President at V.E, added:
“This partnership underpins our commitment to drive sustainable investment. Clients will now be able to leverage our extensive ESG and climate risk data to make better-informed and more sustainable investment decisions. With digital security now more prevalent than ever, we are proud that our data offering will be available to institutional investors through Manaos’ highly secure cloud platform.”
The new partnerships follow an announcement earlier this year of Manaos collaborating with sustainability and data science company Clarity AI.
Patrice Hiddinga, CEO of Manaos, said:
“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.”