Clearstream to enhance sustainability data offering for fund distributors with the integration of ISS ESG data
Improved independent, environmental, social and governance (ESG) fund data and in-depth ESG insights
Regulatory compliance support
Enhanced sustainability-driven fund search with downloadable sustainability reports
Clearstream, Deutsche Börse’s post-trade services provider, has partnered with ISS ESG, the sustainable investment arm of ISS STOXX, which is also majority-owned by Deutsche Börse Group. This collaboration aims to enhance the sustainability data offering for fund distributors. ISS ESG ratings and packages will now be integrated into Clearstream’s new web-based fund distribution collaboration tool, Compass. This integration simplifies access to ESG information for fund distributors, enhancing fund selection, reporting, and regulatory compliance.
The new independent ESG fund data from ISS ESG, combined with the European ESG Template (EET) reported data from asset managers already available from Clearstream, will provide fund distributors with a comprehensive ESG perspective.
This service offers fund distributors detailed information on additional sustainability criteria, including environmental impact, social responsibility, and governance practices. It also provides insights into climate considerations and alignment with the United Nations Sustainable Development Goals (UN SDGs) at the share class level.
Additionally, it includes essential data points to help fund distributors comply with regulatory requirements such as MiFID, SFDR, and the EU Taxonomy.
Using Compass, fund distributors can filter investment funds based on a comprehensive set of sustainability data, ensuring alignment with their sustainability preferences and enabling more informed investment decisions.
Furthermore, fund distributors will be able to access a comprehensive sustainability profile of an investment fund. These downloadable sustainability reports facilitate transparency and enable better communication with clients and stakeholders.
Moritz Dechow, CEO of Clearstream Fund Centre AG said: “We are thrilled to partner with our ISS ESG colleagues, leveraging our Deutsche Börse group-wide synergies and concretely addressing our buy-side clients’ growing needs for more sustainable investing. By integrating the ISS ESG solution into Compass, our new collaborative web-based platform for fund distribution, we can offer sustainable solutions aligned with market dynamics and empower our clients to make informed decisions.”
Till Jung, Head of ISS ESG said: “We are excited to provide our high quality ESG fund data and reports to Clearstream clients. Fund distributors may leverage our unique insights to evaluate manager reported EET reports and screen funds for alignment to their sustainability preferences.”
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[Editorial note: Please find here a high-resolution photo of Moritz Dechow]
About Clearstream Fund Services
Clearstream is the innovative and trusted post-trade business for the global markets. Its segment Clearstream Fund Services delivers solutions for the entire fund ecosystem.
Vestima is the world’s largest fund processing platform providing order execution, settlement and custody services for more than 245,000 funds, ensuring highest asset safety for over 55 fund markets worldwide.
As a global fund distribution platform, Clearstream Fund Services connects international asset managers and fund houses with a global network of distribution partners. It gives access to over 80,000 funds, with value-added services such as trailer fee management and compliance oversight.
Clearstream Fund Services provides premier data management, regulatory and disclosure solutions for the asset management industry and embraces new technologies to help reshape how funds are managed and distributed.
Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.
To learn more, visit us at www.clearstream.com or connect via LinkedIn