Bloomberg Launches Sustainability Screening Tool for Investors

Bloomberg has launched a new tool on its Terminal platform to assist investors in evaluating and screening portfolios, funds, and indices based on customized sustainability criteria and thresholds. The tool aims to help investors make informed investment decisions and meet regulatory compliance requirements as sustainability becomes increasingly important in investment strategies and global regulators demand assessments of companies’ sustainability performance. The tool allows investors to select from a broad range of sustainability criteria and input specific thresholds in areas such as sustainability targets, exclusion criteria, and good governance requirements. It then calculates a percentage figure indicating the alignment of the portfolio, fund, or index with the chosen criteria. Additionally, the tool provides a detailed list view of the holdings, enabling investors to identify any outliers. It also helps investors determine whether the funds comply with regulatory obligations, including the EU’s MiFID II suitability rules and Sustainable Finance Disclosure Regulation (SFDR), the UAE’s sustainable finance framework, the UK FCA’s forthcoming sustainability disclosure requirements, and future SEC guidance on ESG disclosures and fund labelling. Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg, highlighted the tool’s ability to provide clarity and empower users to customize sustainable investment criteria. Leveraging Bloomberg’s extensive ESG data, metrics, and scores, the tool enables investors to assess investments in a scalable and comparable manner, supporting them in aligning their portfolios with their specific sustainability requirements. Resources: https://www.esgtoday.com/bloomberg-launches-sustainability-screening-tool-for-investors/