London Stock Exchange Group (LSEG) has joined forces with ESG.AI, a Canadian-based ESG data tech company to introduce a cutting-edge ESG analytics platform.
This new collaboration will merge LSEG’s extensive financial markets dataset with ESG.AI’s advanced platforms to form a product that is tailored for major companies, banks, asset managers, and consultants, according to ESG Today.
The move aims to meet the rising demand for accurate and comprehensive ESG reporting solutions.
As global organisations gear up to comply with upcoming EU CSRD regulations and report their ESG performance to stakeholders, this partnership offers a vital solution.
Dr. Barnabas Acs, Ph.D. Global Solutions Sales Director, Sustainable Finance & Investing at LSEG, described the ground-breaking offering as a “game-changer for the industry, as the ESG space makes a giant leap in this modern era of data analytics.
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.”
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.”
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