ABN AMRO embeds ESG risk score to address demand for sustainable finance

Rick Steves

ABN AMRO will soon add information on the contribution to the Paris Climate Agreement of the companies in its client’s investment portfolios, their carbon emissions, and the UN Social Development Goals.

ABN AMRO has announced that it has embedded ESG risk score onto its trading platform, thus allowing investment clients to see what impact they have made with their investments.

The impact can be seen through the bank’s website and via mobile app and the service is already available for clients of ABN AMRO’s private bank in Germany, Bethmann Bank. Later this year, clients in France and Belgium will also be able to digitally access information on their impact.

Vincent Triesschijn, head of ESG at ABN AMRO, commented: “Our clients want to have an insight into the sustainable impact they are making with their assets in addition to an overview of the financial results. If a client would like to get in touch with us to discuss increasing the sustainability of their portfolio, we will be happy to talk to them.”

ESG Risk Score for better risk management

The ESG risk score will be available for consumer clients in asset management and private banking using ABN AMRO’s advisory services. By learning the actual impact of their investments using the ESG (Environmental, Social and Governance) risk score for their investment portfolio, investors will be able to adjust their risk management properly.

ABN AMRO will soon add information on the contribution to the Paris Climate Agreement of the companies in its client’s investment portfolios, their carbon emissions, and the UN Social Development Goals. The bank will include an explanation of how the scores are calculated, managed by independent external sources.

BNY Mellon taps Aon for ESG data and analytics

The Bank of New York Mellon Corporation has recently partnered with Aon for a multi-faceted data and digital collaboration that will leverage the power and unique capabilities of both organizations to create new solutions to address evolving client needs.

With a focus on supporting the ESG needs of clients, BNY Mellon and Aon will leverage both firms’ collective ESG data and analytics capabilities and unique data sets. The partnership will also include enhanced solutions in the areas of digital assets and data and analytics.

By streamlining Aon’s portfolio management and research process, BNY Mellon will be able to enhance net-zero reporting transparency. Aon’s proprietary ESG fund ratings will also be made available to asset owners, allowing them to better understand how asset managers are incorporating ESG into their investments, operations and organizational processes to help make better-informed decisions.

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