Bloomberg is introducing a tool aimed at empowering investors to gauge the potential impact of a company’s business on the United Nations’ 17 Sustainable Development Goals (SDGs).
This strategic initiative positions Bloomberg as the first data provider to leverage a resource from the UN Environmental Programme Finance Initiative, marking a significant leap forward in the realm of impact investing.
This integration harnesses the power of a unique holistic impact methodology, mapping over 500 sectoral activities to 38 impact topics and the 17 SDGs.
Notably, the tool distinguishes between the positive and negative impacts a company may exert on the environment, people, and economic development.
Interest in Impact Investing
Over the last decade, the significance of impact investing has soared, with the global market surpassing $1 trillion in assets.
However, the United Nations estimates a formidable funding gap of USD $2.5-3 trillion per year for developing countries to achieve the SDGs by 2030 (UN Sustainable Development Group).
Bloomberg’s tool responds to this challenge, providing investors with a robust means to channel capital towards sustainable assets while scrutinizing the alignment of private sector activities with the SDGs.
“Bloomberg’s ESG data, research and analytics help clients mitigate risk and comply with new and emerging regulatory requirements, and pursue investments aligned with their sustainability commitments.
By mapping the UN Sector Impact Map to our comprehensive and high quality ESG data, our customers can bridge the gap between ESG integration and Impact investing, acting with more clarity and transparency.” – Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg
Intergratiion and Information
The integration of the UNEP FI Sector Impact Map into Bloomberg’s extensive data coverage is a game-changer for investors seeking objective SDG-related data.
This synergy allows investors to gain more clarity in directing capital towards sustainable assets while assessing the alignment of private sector activities with the SDGs.
The tool’s data mapping and materiality assessment pave the way for informed decision-making in the complex landscape of impact investing.
SDG Impact Assessments
The introduction of SDG Impact assessments by Bloomberg adds a new dimension to market information for corporate engagement and security selection.
Investors can leverage Bloomberg’s comprehensive data coverage for benchmarking and fund classification, thereby empowering them to make informed decisions that align with their sustainability commitments.
As the regulatory reporting environment evolves, this tool emerges as a complementary resource, aligning seamlessly with evolving sustainable finance standards and legislative frameworks.
“UNEP FI works with the finance industry to mainstream impact analysis and management in business and finance, to help close the SDG funding gap.
We have developed a range of impact management tools and resources across the three pillars of sustainable development and across economic sectors and activities, mapping related negative and positive impacts.
We are delighted the available resources are being used to help to mainstream impact management, and to accelerate the transition to an economy that helps deliver the SDGs.” – Careen Abb, SDGs and Impact Lead at UNEP FI
Accessing Bloomberg’s Impact Data
Bloomberg’s ESG data, research, and analytics cover a wide spectrum, including regulatory compliance, carbon emissions, sustainable debt, scores, indices, climate risk, and more.
Clients can seamlessly access this wealth of information on the Bloomberg Terminal and via Bloomberg Data License at data.bloomberg.com for use in proprietary or third-party applications.
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