Sugi, a platform that shows retail investors the environmental impact of their investments, has expanded to cover fixed income investments.
This expansion will include corporate and government bond ETFs and mutual funds, reflects its long-standing growth plans and a shift in the market to look beyond the impact of equities.
To calculate fixed income impact, the green fintech has built on its existing methodologies, which align with guidelines published by two carbon accounting authorities: the Partnership for Carbon Accounting Financials (PCAF) and the Task Force on Climate-related Financial Disclosures (TCFD). As part of Sugi’s ongoing commitment to transparency, Sugi goes beyond the minimum disclosure recommended in these guidelines and incorporates Scope 1, 2 and 3 emissions into its fixed income impact data, as it does with its equities data.
Sugi CEO Josh Gregory said, “Even in times of economic uncertainty, investors still care about where their money is being invested. It’s important they have the right information to make informed decisions about their portfolios.
“Adding fixed income investments to our coverage is part of our ongoing commitment to bringing transparency to green investing. By giving investors a fuller picture of their impact, we want to help them make genuinely greener choices when they manage their portfolios.”
Sugi has seen an increase in demand for other asset classes as it continues to grow in the B2B market. The firm is now working with financial institutions, platforms and advisers across the UK and Europe to deliver personalised climate metrics, via API, for the benefit of retail investors.
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