FactSet will combine OneConnect’s AI-powered ESG content materi
FactSet will combine OneConnect’s AI-powered ESG content material units into its workstations, commonplace knowledge feed, and APIs to make obtainable ESG metrics for over 3,500 Chinese language class A-share firms.
FactSet has teamed up with Ping An’s OneConnect Monetary Expertise for an ESG metrics providing for firms included in China.
The elevated deal with the ESG theme by the political sphere and the media has not too long ago pushed the buying and selling business into adopting measures that facilitate the funding in firms extra susceptible to protect the setting and in keeping with societal values.
FactSet will combine OneConnect’s AI-powered ESG content material units into its workstations, commonplace knowledge feed, and APIs to make obtainable ESG metrics for over 3,500 Chinese language class A-share firms.
OneConnect has gathered intensive info relating to firms listed on the Shanghai and Shenzhen Inventory Exchanges, with complete protection of ESG components, derived from a mixture of various sources of knowledge obtained by AI applied sciences.
FactSet will combine OneConnect’s analytics instruments and content material, together with NLP-driven disclosure transparency assessments, portfolio sustainability efficiency analysis and adjustment, and a local weather threat analysis device.
Tom Griffiths, Senior Vice President APAC of FactSet, stated: “ESG investing is accelerating globally and shopper demand is excessive for info on firms in China. Working with Ping An to strengthen FactSet’s ESG providing is an thrilling step as we additional increase built-in workflow options for our world shopper base. Combining OneConnect’s main content material with FactSet’s suite of functions will supply funding professionals a differentiated perspective on ESG impacts within the Chinese language market.”
Ye Wangchun, Chairman and CEO of OneConnect, commented: “We’re excited to construct this partnership with FactSet. By integrating OneConnect’s AI-ESG info units into FactSet’s highly effective funding knowledge and expertise platform, buyers can increase each the breadth and depth of their ESG investments, drawing on a broader set of China-focused ESG content material and instruments.”
The ESG content material goals to assist buyers higher combine ESG measurements into their funding processes. It is going to quickly be obtainable within the FactSet workstation in addition to through commonplace knowledge feed and APIs.
OneConnect has not too long ago partnered with Singapore Change (SGX) to construct an environmental, social, and governance (ESG) platform that simplifies the ESG disclosure processes of firms listed on the venue.
The platform will assist firms listed on SGX to effectively handle and make their sustainability disclosures for potential benchmarking extra clear. It additionally addresses frequent challenges confronted by firms and buyers comparable to lack of comparability, altering buyers’ demand, in addition to the evolving enterprise panorama and rules.
OneConnect’s platform options workflow administration programs, report and visualization modules, and an ESG disclosure framework mapping. The agency has not too long ago teamed up with Chinese language agency Ping An to ship ESG options for firms outdoors of China.
Buying and selling venues internationally are updating their infrastructure so as to deal with the ESG theme demanded by buyers. SIX Group has not too long ago acquired Canada-based Orenda Software program Options, an AI-powered platform specialised in ESG and various knowledge units.