Month: March 2023

Originally published on bloomberg.com

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Bloomberg today announced its Sustainable Finance Disclosure Regulation (SFDR) solution has a new dashboard enabling fund managers to seamlessly track and pick investments that align with the key ESG indicators mandated for SFDR reporting, the principal adverse impact indicators or PAIs.

The solution offers complete coverage of mandatory PAIs by combining data aggregated by Bloomberg with data on controversial weapons and UNGC violations from ESG Book, a sustainability data and technology provider, and data on civil liberties and political rights from Freedom House, a non-profit organisation that monitors the health of democracy and freedom worldwide.

Aligning fund composition with SFDR definitions is complex, as firms need to demonstrate to clients and regulators how they achieve Article 8 and 9 fund classifications, as well as disclose how they account for sustainability risks in their investment decisions. Bloomberg’s SFDR dashboard enables firms to analyse and track underlying companies in each fund they are invested in against a peer group of companies and across a range of ESG criteria, including principles of good governance defined in SFDR. This facilitates additional due diligence and confidence in fund classification decisions.

“Bloomberg’s SFDR solution goes beyond supporting firms with reporting, it helps investors manage portfolios with SFDR’s objective in mind, which is to drive investments towards more sustainable companies. We help fund managers cut through the complexity and empower them to conduct precise due diligence on the sustainability of their investments,” said Nadia Humphreys, Business Manager, Sustainable Finance Solutions at Bloomberg.

To further streamline investment management, Bloomberg’s portfolio and risk analytics solution, PORT, now integrates SFDR data so investors can assess investments, whether ESG-related or not, and conduct regulatory reporting—all in one place.

Bloomberg’s SFDR solution helps clients with the challenging disclosure of PAI indicators by mapping them to company reported ESG data on over 15,000 companies globally. To help firms measure the carbon footprint of portfolio investments, another key SFDR assessment, Bloomberg provides company reported emissions and estimates for Scope 1, 2 and 3 emissions based on a proprietary machine learning smart model as well as an implied-industry model, resulting in coverage of over 100,000 companies.

Building on this coverage, Bloomberg provides fund-level ESG analytics for over 60,000 mutual funds and 10,000 ETFs by combining fund holdings data with Bloomberg’s company-level ESG data. Bloomberg’s Fund ESG Analytics provide objectively comparable ESG metrics and scores, including as reported and estimated greenhouse gas emissions. This enables clients to easily compare funds, gain a view into funds that may meet SFDR criteria, and invest according to their own ESG objectives and preferences, even if funds have no disclosures.

Bloomberg’s SFDR solution is available through the Bloomberg Terminal and to Enterprise Data clients via Data License, and can be accessed through Bloomberg’s ready-to-use data website, data.Bloomberg.com. To view Bloomberg’s new SFDR dashboard, visit ESG SFDR <GO> on the Bloomberg Terminal. SFDR and other ESG data fields can be found in PORT, and can be integrated via Microsoft Power BI to support the creation of reports for SFDR, which can be shared across teams or clients. For more information, visit our website here.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

Bloomberg LatAm Communications – pamsnook@bloomberg.net, Tel +1-212-617-7652

Water is at the heart of Kohler. That’s why we have been taking action to conserve this natural resource and make safe water and sanitation a reality.

In recognition of International Women’s Day and Women’s History Month, Manchester United players and coaches share sobering statistics on the impact that a lack of safe water and sanitation has on women and girls around the globe.

Manchester United and Kohler are proud to partner to raise awareness for Safe Water for All. Leveraging the expertise, passion and talent of our associates, we help underserved populations around the world in four focus areas: water stewardship, products, impact projects, and advocacy. 

In 2021 alone, Kohler impacted more than 305,000 lives around the world through Safe Water for All and have impacted more than 1.8 million lives since 2014.

Learn more about Kohler’s commitment to Safe Water for All

MetLife

NEW YORK, March 29, 2023 /3BL Media/ – MetLife, Inc. (NYSE: MET) today announced that it has received the 2023 ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. MetLife has been recognized as an ENERGY STAR Partner of the Year for five consecutive years and with over 50 certified properties the company has earned Executive Status for EPA’s 30th anniversary one-time recognition – ENERGY STAR Certification Nation.

ENERGY STAR Partner of the Year is the highest level of EPA recognition for corporate energy management programs. To earn this recognition, companies must perform at a superior level of energy management and meet a specific criterion. Organizations like MetLife, which have consistently earned Partner of the Year, are eligible for the Sustained Excellence distinction. This distinction requires that annual achievements continue to surpass those in previous years.

“Reducing greenhouse gas emissions and ensuring that our real estate portfolios are resilient is both good for business, and the communities we serve around the world,” said MetLife Vice President, Global Sustainability and Climate Lead, Josh Wiener. “We are proud of our continued partnership with ENERGY STAR, which serves as a key benchmark in driving energy management and conservation best practices across MetLife’s global operations and real estate investment portfolios.”  

Through MetLife’s climate initiatives, the company aims to reduce the environmental impact of MetLife’s global operations and supply chain, while leveraging its investments, products, and services to help protect our communities and drive innovative solutions. As part of this work, MetLife continues to prioritize sustainable building certifications like ENERGY STAR and memberships like EPA’s Green Power Partnership.

“We employ a disciplined investment process that considers a broad array of financially material issues as we assess risk and opportunity on behalf of our clients,” said MetLife Investment Management, Global Head of Real Estate and Agriculture, Robert Merck. “ENERGY STAR has been critical in providing the data and tools we need to carry this out across our real estate portfolio to ensure resilient operations, healthy buildings, and overall sustainability.”

To learn more about MetLife’s commitment to sustainability, visit MetLife.com/Sustainability. For more information about ENERGY STAR, visit EnergyStar.gov/about.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

About MetLife Investment Management

MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of December 31, 2022, had $579.8 billion in total assets under management.1

Contact:
MetLife
For Media: Brian Blaser
(212) 578-2415
bblaser@metlife.com

1 Total AUM is comprised of all MetLife general account and separate account assets and unaffiliated/third party assets, at estimated fair value, managed by MIM.