London Stock Exchange Group (LSEG) and Canadian-based ESG data tech company ESG.AI announced today a new partnership to launch a new next generation ESG analytics platform, targeted at major companies, banks, asset managers and consultants.
The new partnership will bring together LSEG’s expansive financial markets dataset with ESG.AI’s platforms, which enable users to capture real-time ESG data, calculate up-to-the-minute ESG scores, receive guidance based on planned improvements, and estimate the impact of ESG initiatives.
Nicholas Miller, CEO of ESG.AI, said:
“We are delighted to be partnering with LSEG. Together, we will provide the most up to date, complete and accurate ESG data available along with the most impactful tools to visualize ESG data and maximize ESG performance. We believe that there is significant demand for this offering as organisations around the World look to report their ESG performance to stakeholders, and to meet the requirements of the upcoming EU CSRD regulations.”
Calling the new platform a “game-changer for the industry,” Dr. Barnabas Acs, Ph.D. Global Solutions Sales Director, Sustainable Finance & Investing at LSEG, said that it will enable real-time scenario planning and prioritization, as well as “bringing long-awaited scale to ESG data on-boarding, which is crucial for the next stage of the development of the industry.”
Cornelia Andersson, Sustainable Finance and Investment Group Leader at LSEG, added:
“The delivery of transparent, robust ESG data is fundamental to the ESG industry. LSEG continues to be at the forefront of developments in the industry and this new platform will be a major step forward in the field of ESG reporting, combining LSEG’s expansive data set with ESG.AI’s innovative platform to provide and drive more comprehensive and verifiable ESG data on the market.”