Mitsubishi UFJ Financial Group’s (MUFG) global asset servicing arm MUFG Investor Services announced the launch of its new ESG Reporting solution, aimed at providing clients with better visibility into the sustainability aspects of their portfolios.

The new reporting suite maps ESG data to a client’s portfolio, providing a top-level portfolio rating, highlighting top and bottom performing positions, along with additional analysis provided based on sector, asset class as well as other metrics. The service will extensively analyse both private and public markets to ensure the most robust coverage of a client’s portfolio.

According to MUFG, the launch marks the first in a series of upcoming ESG developments for the firm.

John Sergides, CEO at MUFG Investor Services, said:

“As clients navigate new ESG opportunities and challenges, it’s increasingly important to have fundamental reporting and processes in place to encourage industry excellence. We are delighted to launch this new service with market leading reporting, thus facilitating the indispensable dialogue between managers and their investors as they implement ESG transparency.

“The reporting will allow our clients to better understand the ESG quality within their portfolios as they seek to integrate ESG data into portfolio analysis and provide investors with much needed transparency on how their investments perform in line with ESG characteristics.”

MUFG selected RepRisk as the initial data source for the new ESG Reporting solution. RepRisk is a data science company, that uses a combination of machine learning and human intelligence to offer quantitative risk analytics and proprietary metrics for more than 165,000 public and private companies and over 40,000+ infrastructure projects, covering every global sector and market. The RepRisk ESG data covers a broad range of issues, including human rights, labor practices, corruption and the environment.

MUFG said that it will continue to add data sources while expanding their capabilities in private markets as well as refining public market coverage.

Dan Page, Head of Asset Management Advisory at KPMG Ireland, said:

“We have been delighted to work alongside MUFG Investor Services to look for solutions to solve the challenges facing the industry around ESG; asset servicers play a key role to both managers and investors alike in navigating the ESG landscape. Today’s launch is another important step in the future of ESG reporting and KPMG joins them in supporting the importance of ESG in the financial services industry.”

The post MUFG Launches Portfolio ESG Reporting Solution appeared first on ESG Today.