Bloomberg has launched a new set of sustainability tools aimed at helping investors measure, manage and report on the sustainability characteristics of investment portfolios.
The tools are accessible within Bloomberg’s PORT and available to all Terminal users, with an integrated enterprise reporting solution available in PORT Enterprise.
Bloomberg shared that PORT and PORT Enterprise enable access to key ESG indicators mandated under the EU Sustainable Finance Disclosure Regulation (SFDR), greenhouse gas emissions for over 130,000 global public and private companies, and Bloomberg’s proprietary ESG scores used to assess company performance and disclosure.
PORT also features a new dedicated ESG screen through which users can compare portfolios, funds and indices using granular sustainability data on each holding.
Users can identify the holdings or positions that are not in line with their ESG objectives and can also perform trend analysis, it was shared.
The reporting capabilities of PORT Enterprise have also been expanded to include the newly-released standardised SFDR report per ESMA’s template, in addition to fully customisable sustainability reports.
Commenting on the launch, Soojin Lee, Head of ESG Integration and Analytics at Bloomberg, said: “Investors need increasingly sophisticated solutions to identify sustainability-related risks and opportunities, and meet their objectives and obligations.
“Bloomberg’s expanded PORT offering enables clients to manage and conduct detailed sustainability analysis on their portfolios, all in one place and through the click of a button. To ensure data consistency across the investment management process, from decision-making to reporting, clients can also access standardized reporting templates, or design their own reports with our PORT Enterprise functionality.”