Intertrust, a specialist in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, has launched a new, end-to-end ESG data gathering and analytics solution.
The solution offers private fund managers an integrated approach to collecting and analysing ESG data and managing ESG risk in their portfolios.
With ESG regulation continuing to increase at pace, including the ongoing sustainable finance disclosure regulation (SFDR) requirements across the European Union, pressure is mounting for GPs (General Partners). As private funds await the next iteration of SFDR in 2022 and sustainable investments continue to soar, there is an urgent need for GPs to ensure they are ESG-ready and not seen to be taking part in superficial ‘greenwashing’ activities. Increased investor demand calls for strategic initiatives with data that demonstrates how corporate strategies align with their values.
Typically, private capital firms struggle to find and access robust data, making it difficult to meet stringent new demands around collecting, storing, benchmarking and analysing ESG-specific information in time-pressured environments. Intertrust Group has developed their solution to help GPs meet ongoing, critical ESG demands and understands what is needed by its global client base. Specifically, this solution allows for the outsourcing of back-office activities like data gathering and analytics, and will evolve in line with regulatory and market demands.
“As more and more investors look to enter sustainable investing, and governments continue to roll out new ESG regulations, the ability to effortlessly track, analyse, and learn from ESG data is paramount for investors and managers,” says Chitra Baskar, COO and Global Head of Funds and Product at Intertrust Group. “Our ‘The future private capital CFO: Evolving in a digital age’ report pin-pointed the pressures GPs are facing when it comes to daily, ever-more sophisticated demands for data with over half of the 300-plus surveyed citing they expect to receive requests for daily or even live ESG data in the future. Our step-by-step solution provides private fund managers with the ESG insights they need to best manage their portfolios, via a single, intuitive platform alongside access to related tools and expertise.”
The new solution supports local currencies and metrics, ESG data management for illiquid assets, and ongoing updates to local carbon emissions factors. It also offers data validation features, removing potential formatting issues and ensuring clients can trust the insights and reporting produced by the solution.
Intertrust Group is dedicated to leading by responsible business practices and aligning its strategy and operations with the United Nations Global Compact’s Ten Principles on human rights, labour, environment, and anti-corruption. In fact, in 2020, Intertrust Group pledged ongoing commitment to the following five UN’s Sustainable Development Goals: Quality Education, Gender Equality, Decent Work and Economic Growth, Reduced Inequalities, and Climate Action.
