J.P. Morgan adds ESG data service for institutional investors

J.P. Morgan adds ESG data service for institutional investors
The new service will let clients compare ESG data across providers.
JUN 13, 2023

J.P. Morgan is aiming to help big investors wrap their heads around the highly variable world of ESG data by launching a tech-based service Tuesday that can “normalize” inputs from different sources.

The service, Sustainable Investment Data Solutions, is available through J.P. Morgan Securities Services’ Fusion system. It includes data from Bloomberg, Equileap, FactSet, ISS ESG, MSCI, RepRisk, Revelio Labs, S&P Global and Sustainalytics, according to an announcement from J.P. Morgan.

Data has posed a challenge in the ESG world, not only because public companies measure and present it in different ways, but also because ratings firms measure and report data inconsistently.

The new service thus “provide[s] quick and seamless access to normalized data across providers while offering investors the flexibility to manage, screen and create customized metrics with easy-to-use tools,” the company said. “Fusion accelerates the ability for investors to perform analysis, scoring, stock-selection, compliance monitoring and reporting.”

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