Clarity AI, the leading global sustainability technology platform, announced a partnership with Refinitiv, a London Stock Exchange Group (LSEG), to develop the SFDR Reporting Specialist.

The SFDR is an important part of the EU’s Sustainable Finance Action Plan, which aims to encourage capital inflows into companies and activities that support the EU’s social and environmental goals. It requires financial institutions to disclose the “primary adverse impact” of their investments on social and environmental issues and also applies to those marketing sustainable investment products. for additional disclosure at the product level. The Refinitiv Lipper1 data below shows the number of Articles 8 and 9 funds and related assets under management, indicating the number of companies subject to SFDR reporting requirements:

• Article 8: Euro 5,219,972m (10,300 primaries)
• Article 9: Euro 478,424m (1,221 primaries)

“We are excited to partner with the team at LSEG to bring our market-leading SFDR data coverage and reporting capabilities to an even broader base of clients,”

“LSEG serves thousands of asset managers who will have to report on SFDR, and accuracy will be key – especially in the environment of high regulatory scrutiny surrounding ESG and sustainability.”

Rebeca Minguela, Founder and CEO of Clarity AI.

SFDR Reporting Professional will provide hybrid capabilities leveraging market-leading data coverage from over 50,000 companies. It is complemented by all the data published by the LSEG on ESG, fundamentals, funds and sovereignty.

Data will be accessible through fully integrated APIs and tools, including the ability to aggregate at the portfolio level or view at the individual security level. In total, more than 20 indicators will be mapped, of which 16 are required. In addition, PDF report templates will be available and can be viewed to facilitate reporting to regulatory agencies.