Northern Trust introduces real-time carbon credit system
The custodian is collaborating with climate project developers and data providers to automate carbon credit verification and issuance in the voluntary carbon market.
The custodian is collaborating with climate project developers and data providers to automate carbon credit verification and issuance in the voluntary carbon market.
The initiative, in partnership with UOB and NUS, uses blockchain technology to improve transparency in ESG reporting and is part of the Monetary Authority of Singapore's (MAS) Project Guardian.
Bernard Tancré, head of product and strategy and executive board member at Clearstream Fund Centre Luxembourg, discusses how sustainability has transformed fund distribution and the critical role of transparent, reliable data in navigating regulatory complexities.
ISS ESG’s ratings and data are now integrated into Compass, Clearstream’s web-based tool, streamlining ESG data access for fund selection, reporting, and compliance.
The launch of the solution in Australia and New Zealand aims to support local investors monitor their ESG goals and investments, and to avoid potential compliance breaches.
Range of new services are designed to support UK asset managers meet the new reporting obligations set out by the FCA.
Agreement expands the existing relationship between the insurer and BNP Paribas’ securities services business, which has included global custody services since 2004.
Data constraints remain biggest barrier to wider ESG integration finds securities services provider.
Regulation and reporting need to be more standardised to further the effectiveness of ESG policy, panel finds.
The new functionality will enable asset managers and asset owners to incorporate customisable ESG conditions into their portfolio monitoring.