ESG for Financial Institutions - Delivering Improved ESG Performance Through Data Services and Platforms

This IDC Market Perspective explores ESG developments impacting the financial sector and the software and data services that address these evolving requirements. This document highlights research from IDC's ESG Perception Survey, detailing the unique trends emerging within the financial sector regarding ESG tracking, reporting, and compliance and how those trends align with regulatory and other market developments."Financial institutions are under increasing pressure to manage and monitor the impact of investments on sustainability concerns," says Amy Cravens, research manager, ESG and GRC Management and Reporting Technologies at IDC. "Solutions developed to address this developing need among financial institutions should be purpose specific, with capabilities designed purposefully to capture ESG data across a portfolio of companies in a manner that adheres to reporting and regulatory requirements."