London Stock Exchange and ESG.AI Unveil Next-Gen ESG Analytics Platform

London Stock Exchange Group (LSEG) has joined forces with Canadian-based ESG data tech company ESG.AI to launch a cutting-edge ESG analytics platform tailored for major companies, banks, asset managers, and consultants. This strategic partnership aims to leverage LSEG's extensive financial markets dataset and ESG.AI's technology to offer real-time ESG data analytics, scoring, and visualization tools.

Empowering ESG Reporting and Compliance

The collaborative platform will empower users to capture real-time ESG data, calculate dynamic ESG scores, receive actionable guidance for improvements, and estimate the impact of ESG initiatives. Nicholas Miller, CEO of ESG.AI, expressed enthusiasm about the partnership, stating, "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."

Dr. Barnabas Acs, Ph.D., Global Solutions Sales Director for Sustainable Finance & Investing at LSEG, heralded the platform as a "game-changer for the industry." He highlighted its ability to facilitate real-time scenario planning and prioritization, bringing a much-needed scalability to ESG data on-boarding. This scalability is deemed crucial for the next stage of the industry's development, particularly in the context of the forthcoming EU Corporate Sustainability Reporting Directive (CSRD) regulations.

Cornelia Andersson, Sustainable Finance and Investment Group Leader at LSEG, emphasized the fundamental role of transparent and robust ESG data in the industry. She described the new platform as a significant advancement in ESG reporting, combining LSEG's expansive dataset with ESG.AI's innovative platform to deliver more comprehensive and verifiable ESG data to the market.

Meeting the Demands of Stakeholders

As organizations worldwide grapple with the increasing need to report their ESG performance to stakeholders, the partnership aims to address this demand by offering a comprehensive and reliable ESG analytics solution. The platform is poised to play a pivotal role in shaping the future of ESG reporting, providing a powerful combination of data accuracy, visualization tools, and performance optimization capabilities.

The collaboration between LSEG and ESG.AI reflects a commitment to driving advancements in the ESG industry, signaling a major step forward in the field of ESG reporting and analytics. The platform is expected to contribute significantly to the evolving landscape of sustainable finance and investment, meeting the growing expectations of stakeholders and regulators alike.

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