ESG Accord has launched the third edition of its ESG and sustainability deep dive database, which is aimed at answering climate, ESG and sustainable focussed questions, and is now live and free to access for the UK advice community.
The database enables users to filter, compare and be satisfied that they can match clients’ preferences and objectives to suitable outcomes ahead of the FCA’s extension of the SDR to include Portfolio Managers.
The industry-sponsored database sits within ESG Accord’s free-to-access Accord Initiative website.
The Initiative provides the advice community with a Consumer Duty friendly toolkit to enable firms to embed investment and suitability processes into their firms as well as build knowledge around regulations and sustainability.
A core aim of the site is to support firms in advising on the whole spectrum of capital (with or without sustainability) in an informed and compliant manner. And as the demand for sustainability continues to grow and the regulatory landscape continues to evolve, the database will address the need for transparent and actionable ESG data across the industry.
The user interface, this year powered by FundSense, creates reports allowing MPS side-by-side comparisons. This will help advisers and paraplanners to make informed and impactful investment decisions as demand for sustainable investing options continues to grow.
Elly Dowding, director and technical compliance and sustainability specialist at ESG Accord said: “By teaming up with FundSense, ESG Accord is bridging the gap for providers and advisers to meet ESG and sustainable investing avenues seamlessly – we are prepped and ready for the extension of the SDR for Portfolio Managers. There is significant consumer interest in sustainable investment and our shared commitment to transparent and accessible sustainability-related data supports advisers to deliver good client outcomes.”
Lee Coates, director and ethical money and ESG consultant at ESG Accord, added: “It is critical under Consumer Duty that the advice community can access full due diligence data to match client preferences and objectives to end products. Our MPS database delivers this and the SDR extension is baked-in to our database capabilities”
Samantha Cone, director of Data and Product at FundSense said the collaboration “highlights our mutual commitment to innovation and sustainability. By leveraging our advanced technology solutions, we have enhanced the platform’s capabilities, ensuring it delivers comprehensive, actionable insights that drive meaningful impact.”
Photo: Lee Coates presenting on ESG at the Professional Paraplanner Investment Committee Seminar.
