Societe Generale Securities Services (SGSS) has launched a new service for its clients – ESG Reporting – a system to gauge investment strategies’ impact on the environment and the society.
The new ESG reporting solution allows institutional investors and asset managers to rate their investments against a broad set of Environment, Social and corporate Governance (ESG) indicators using MSCI data and methodology. These indicators include criteria, such as CO2 emissions, board composition and executives’ salary as well as workforce management and producer responsibility.
Thanks to the new service, investors will be able to measure the risks linked to these criteria, to identify best-in-class and worst-in-class assets in their portfolios or funds and adapt their strategies to improve both financial and societal returns.
“Asset managers are not only concerned about financial goals such as yield, security and liquidity but also, and increasingly, about their impact on society,” says Bruno Prigent, Head of Societe Generale Securities Services. “The new service we offer will help our clients to make the right investment decisions to maximize their positive impacts.”
This new service adds to “Sustainable and Positive Impact Finance” offering, recently launched within the Group’s global banking and investor solutions activities.