A shortage of reliable data and discrepancies in measuring even the most widely used performance indicators is causing difficulty for asset managers to make meaningful comparisons between companies. However, critics argue that asset managers are not utilising existing information effectively and are shifting the blame for their inaction. The Financial Times covers the story.
In a bid to enable companies to better assess ESG metrics, Deloitte has partnered with Datamaran to use its software for clients in Italy, the Netherlands, and Belgium. The EU’s Corporate Sustainability Reporting Directive, which calls for the disclosure of potentially over 1,000 data points, is likely to drive further partnerships for the ESG software firm. Bloomberg covers the story.
