From ABC News:
Citigroup said it has incorporated environmental, social and governance scores (ESG) to its securities services data platform to let clients better analyze the sustainability exposure of their investments.
The major update comes to Citi Velocity Clarity, the bank’s online data and analytics platform that aims to help users stay up to date on the latest metrics about their investments.
The sustainability measures will be provided daily by data firm Arabesque S-Ray, according to the bank, and include visualization tools to better analyze ESG information.
“The ability to understand ESG exposure has become imperative across the entire industry as investors, advisors and regulators are increasingly asking for transparency from asset managers and asset owners,” Fiona Horsewill, the global head of data for Citi Securities Services, said in a statement.
Continue reading Citi adds environmental, social and governance scores to its data platform on ABC News
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