Nasdaq to offer ESG workflow and reporting service to its corporate clients

Maria Nikolova

The platform aims to help companies navigate the complex series of corporate sustainability frameworks available in the market today.

Nasdaq Inc (NASDAQ:NDAQ) has earlier today announced it will offer corporate clients an environmental, social, and governance (ESG) workflow and reporting service.

The platform aims to help companies navigate the complex series of corporate sustainability frameworks available in the market today. It streamlines the data gathering and response process to provide a more efficient way to send ESG-related data to ratings agencies and other stakeholders.

The platform supports a raft of sustainability reporting frameworks, including the Global Reporting Initiative (GRI), ISS, MSCI, RobecoSAM, the Sustainability Accounting Standards Board (SASB), Sustainalytics, and the Task Force on Climate-related Financial Disclosures (TCFD), among others.

The new solution further builds on Nasdaq’s ESG-related products and services offered to corporate clients. These include Nasdaq’s ESG Advisory Solution to help companies analyze, assess and implement ESG programs with the goal of attracting long-term capital; Nasdaq Boardvantage, a collaboration solution for boards, committees and leadership teams designed to facilitate paperless modern governance; the Center for Board Excellence, which provides board evaluations and other consultative services designed to advance governance excellence; the Nasdaq Nordic Green Bond Market, one of Europe’s most active Sustainable Debt markets; the Nasdaq Sustainable Bond Network, designed to improve transparency for global green, social and sustainable bonds; and Nasdaq’s global ESG Reporting Guide.

In 2019, Nasdaq marked a number of ESG achievements for its work with clients, as well as within its own global operations. Examples include continued investor demand in its ESG screened Index and Index Futures in Europe; further advancements in its European ESG data offering for institutional and retail investors; and achieving carbon neutrality across all its business operations through the purchase of carbon offsets and renewable energy certificates.

Read this next

Digital Assets

EOS Network Foundation rebrands EOSIO protocol as Antelope

The EOS Network Foundation (ENF), the new entity entrusted by the EOS community to develop its core blockchain software, said Antelope protocol will fork from EOSIO 2.0 and make “a leap for freedom.”

Digital Assets

Crypto.com receives FCA greenlight to operate in the UK

Crypto.com, one of the longest-established crypto platforms, has received a regulatory go-ahead to launch its services in the UK.

Retail FX

Plus500 reports $511.4 million revenue for the first semester 2022

Plus500 today has published its interim financial results for the first six months of its fiscal year 2022.

Digital Assets

AAX ranked among top crypto exchanges by CoinGecko and CryptoCompare

CoinGecko, one of the earliest crypto data aggregators, has ranked Atom Asset Exchange (AAX) as one of the most trusted cryptocurrency trading platforms. This milestone comes hot on the heels of AAX being recognized as the world’s second largest crypto exchange by spot trading volumes.

Retail FX

Financial Commission adds FX broker Bold Prime to membership roster

The Financial Commission today announced that it has added Bold Prime to its member roster, which is made up of online brokerages operating in FX, derivatives and cryptocurrency markets.

Digital Assets

Despite crypto winter, Cake DeFi paid out $58 million in Q2 rewards

According to its latest ‘Transparency Report,’ Cake DeFi continued its growth trajectory in the three months through June 2022, even as the entire crypto industry experienced macro challenges this quarter.

Retail FX

SimpleFX Review: Cryptos, Spreads, Pros & Cons

SimpleFX combines years of Forex and cryptocurrency experience with a focus on offering resources to retail traders. 

Retail FX

Ironbeam becomes CME clearing member and launches MT5

“The direct clearing aspect along with our low-latency proprietary trading tools and technology solutions make Ironbeam the ideal trading destination.”

Institutional FX

Top 0.07%: oneZero makes it to Inc. 5000 of fastest growing companies in America

oneZero started out by serving the foreign exchange trading community, developing and executing technology that could scale with the growth of the FX market.

<