On this occasion, Sabrine Aouida, co-founder and Chief Impact Officer, took part in the roundtable discussion "ESG & ODD, greening your Management in a thousand and one ways, but not only!"
The financial sector is renowned for its capacity to innovate, and ESG is no exception. Indeed, to adopt practices in line with their values and convictions, asset management companies have developed multiple investment strategies.
With this in mind, we have developed the ESG Connect platform to provide financial players with a high level of flexibility while remaining data agnostic.
We did not set out to create a new ESG dataset but rather to improve the use of existing ESG data, so that every investor can retain sovereignty over their data, take ownership of it, and make good use of it. In this way, we provide ESG Connect users with 1) the expertise to understand this data, and 2) the technology to automate the integration of ESG assessment strategies and methodologies.
This plurality of ESG approaches is also documented in the Sustainable Finance Barometer we published in 2023. It analyzes the level of ambition and transparency of asset management companies.
We were able to observe the diversity of approaches adopted by the various players, whether in terms of ESG data selection, evaluation methodologies, choice of commitments, approaches to dialogue with issuers, etc.
Convinced that the standardization of strategies by the regulatory framework does not allow asset managers to defend their convictions, we promoted a less standardized approach as part of the consultation on SFDR Level 1. We highlighted three key areas for future regulatory change:
At the same time, to be able to achieve their ambitions through the deployment of appropriate ESG strategies, players need access to the right level of expertise and technological tools, in particular to meet several challenges: