LONDON, Sept. 14, 2022 /PRNewswire/ — 9fin, the main leveraged finance (LevFin) intelligence platform, has introduced the launch of its new ESG Firm Knowledge product. The intelligence supplier has analysed 1000’s of sources, together with firm paperwork, providing memoranda, sustainability stories and frameworks, to construct an information product that gives standardised ESG info, together with the power to hint key datapoints again to their authentic supply.
The brand new ESG Firm Knowledge product will enable 9fin subscribers to:
- Shortly discover key ESG info for any issuer inside the Leveraged Finance market
- Simply benchmark and examine corporations throughout key ESG metrics together with emissions, net-zero targets, gender variety, and office accidents
- Observe the continuing ESG efficiency of corporations which have issued sustainability-linked bonds, corresponding to VodafoneZiggo or Novolex
- Determine ESG leaders and laggards inside key industries corresponding to automotive, retail, power
Up to now, ESG disclosure from leveraged finance issuers has usually lagged behind their investment-grade counterparts. The intelligence platform report has highlighted that LevFin corporations are reporting fewer than 5 of 11 (45%) key ESG knowledge factors. 9fin’s new providing will give detailed ESG firm knowledge, industrial context, and a whole overview of LevFin Issuers ESG credentials.
The launch comes forward of latest laws which can impression Monetary Market Members (FMPs), together with asset managers, banks and fund brokers. As of December 2022, the Sustainable Finance Disclosure Regulation (SFDR) is about to implement the necessary disclosure of 14 knowledge factors referred to as the Precept Adversarial Affect (PAI) indicators.
This new ESG product enhances 9fin’s current market-leading ESG providing which incorporates its ‘ESG QuickTake’ stories – evaluation delivered inside hours of latest deal bulletins. The platform additionally gives a one cease store for ESG LevFin info with ESG information and evaluation, firm and instrument-level knowledge, and a database of ESG paperwork, for instance, frameworks and second-party opinions. The 9fin group additionally supplies ongoing primers on key ESG matters by means of its 9fin Instructional collection.
Steven Hunter, 9fin Co-founder & CEO, commented, “We’re delighted to announce the launch of our new ESG firm knowledge providing. At present, there’s a distinct lack of high-quality ESG info within the leveraged finance house with too many corporations nonetheless disclosing little or no info.
Sustainability-linked and inexperienced offers made up 25% of the brand new concern market final yr, so it’s actually essential that market members can supply standardised knowledge and perceive an organization’s ESG credentials shortly and simply.
The group at 9fin have labored onerous to ship this new ESG knowledge utilizing a mix of know-how, specialist experience and proprietary evaluation. We’ll proceed to speculate closely in our ESG providing to carry much-needed transparency to this rising a part of the LevFin market.”
As a part of the launch 9fin are internet hosting a Webinar – Greenwatching: The Good, the Unhealthy and the Ugly of Leveraged Finance ESG Reporting – Thurs 6 Oct. To search out out extra & register please click on hyperlink – Webinar Registration