ESG Data Integration: Important considerations for Investment and Wealth firms
Tarne Bevan & Adam Taylor
The Investment Management industry is now promoting ESG data as a meaningful input to generating financial returns for our investors and, by default, asking them to also rely on that data in our reporting and disclosures to them.
Yet, many consumers of data within an investment firm are unaware of the importance a good data governance framework provides in delivering reliable, accurate and fit-for-purpose inputs across investment and operational processes.
This aim of this paper is not to critique or analyse the validity of ESG datasets or independent data vendors, but rather offer some insights into associated risks and practical considerations for those less versed in adopting ESG data and good data governance.