ESG Data Management

The need for accurate, timely, consistent, transparent, accessible ESG data, and the supporting data management processes to ensure the aforementioned, is a significant challenge for all stakeholders in the ESG ecosystem. Whether you are a Corporate Reporting entity, Data Aggregator, Rating/Research firm, Investment Manager, or Asset Owner, there is a lot of confusion related to ESG data. This is due, in part, to evolving Regulation and Standards, voluntary reporting, lack of agreement on many standards, multiple parties and influences, and no clear understanding about what stakeholders really want.

The EDM Council is playing a key role in bringing together stakeholders from across multiple industries to collaborate on establishing ESG data management best practices, create awareness, educate industry participants, and assist Regulators and Standards Organizations when and where applicable.

The ESG Workgroup published this fourth report, available for free download. It discusses the data challenges and data management best practices relating to environmental, social, and governance (ESG) data for investment product creators. This report also includes recommendations on short and longer-term actions the stakeholder group can take to improve the collection and use of ESG data within their investment analysis, practices, and reporting.

This in-depth report, available for free download, on ESG data examines the key challenges of the ESG data supply chain. It provides strategic and tactical recommendations within a framework of eleven major challenges identified for rating providers and data aggregators who play an important role in collecting and analyzing raw data from reporting entities.