Pictet Asset Services, the asset servicing business line of the Switzerland-based Pictet Group, has launched a new platform where its clients and asset managers can monitor ESG risk exposures.
The platform enables external asset managers and institutional clients to monitor their portfolios’ ESG risks with a detailed environmental, social and governance risk analysis as well as carbon and physical risk analysis.
Top and worst risk contributors
The report provides transparency about the top and worst risk contributors. Investors can use it to rebalance portfolios along individual strategic ESG objectives. Clients also have the option to monitor controversy exposure as outlined by their governance framework and in harmony with the interests of stakeholders.
The ESG data used to run the platform is sourced from currently three independent global providers: Morningstar’s Sustainalytics, Standard & Poor’s and Moody’s ESG Solutions. It covers a universe of close to 20,000 companies worldwide, including equities and bonds.
The report is systematically updated to track evolving ESG risks and client needs. “With this newly launched ESG risk report, we extend our service offering beyond regulatory support services and offer our clients the possibility to get an overview of the ESG impact of their portfolio,” said Marc Briol, CEO of Pictet Asset Services, in a statement.
Example of a Pictet ESG report:
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