ESG Data Guide 2023

Putting transparency first

Since its foundation in 1981, Bloomberg has focused on getting its customers the best data possible. Curtis Ravenel, its Global Head of Sustainable Business & Finance, explains how that mission extends to ESG

EF: How has the ESG landscape changed over the last years?

Demand for more ESG data – environmental, social and governance –has accelerated over the last several years. At Bloomberg, we were ahead of the curve, serving early adopter investors for the past decade. Now, demand for more complete, consistent, and high quality data to drive investment decisions is becoming mainstream. This requires companies to be more transparent and disclose relevant information.

We see the sustainable investing market continuing to expand from roughly $23 trillion AUM in 2016 to approximately $40 trillion by 2020. There are a few drivers for this increased demand. First, mounting evidence shows that performance on broader ESG issues is tied to financial performance. Second, as new customers — especially millennials and women — become more active in investing, they push investment managers to offer investment strategies and products that reflect their core beliefs. And, third, regulators are increasingly paying attention to this topic, too, creating an additional push for more sustainable finance products.

EF: How are investors’ demands for ESG data and products changing?

Asset owners are demanding ESG data in order to support their long-term strategies. Specifically, they want to ensure that what their clients are investing today will benefit them long term and well into retirement.

Further, many firms feel they have a fiduciary responsibility to not only do good but also do well for the end investors and shareholders. Because of this, there needs to be proof that sustainable investments are also sound investments. That’s why our customers are looking to Bloomberg to provide more and better ESG-related data, news, analytics and products.

EF: How do Bloomberg's ESG products fit into its broader commitment to ESG?

Everything we do at Bloomberg is based on Mike Bloomberg’s leadership. Since the company was founded in 1981, we’ve been guided by the principle that transparent markets empower investors, fuel entrepreneurs, and support economic growth. Better data leads to better decisions. As the world changes, we are committed to making sure that our clients have the data they need to understand and navigate those changes and act on them.

Our foundation Bloomberg Philanthropies leads numerous initiatives, such as Beyond Carbon, America’s Pledge and Vibrant Oceans, to combat climate change. We’re also working on efforts to improve corporate climate disclosures through the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB); and drive investment in climate solutions through the Climate Finance Leadership Initiative (CFLI).

Working towards positive change is deeply embedded in our culture. And it’s not just doing good for the sake of it – but because it is good for business. Our ESG data offering is, hence, a natural continuation of our commitment to sustainability and a response to growing client needs.

EF: Bloomberg more than 900 fields of ESG data on 11,500 companies. What does this data cover, how is it collected, and how do you ensure its accuracy?

We provide two types of ESG data and analytics; some are primarily informational in nature, and others are more explicitly used to influence investment decisions. We’re constantly working to expand our universe of high-quality ESG data and analytical tools to further the field of sustainable finance. We also offer the Bloomberg Gender-Equality Index which covers more than 60 data points on companies’ gender-related statistics and policies, and provide third-party data and scores.

Our sustainable finance products go beyond raw data and scores to include more contextual analysis: BloombergNEF (BNEF) provides research and long-term forecasts on industries impacted by the energy transition, and Bloomberg Intelligence (BI) delivers in-depth analysis on industries and companies. Our News teams cover the sustainable finance beat to keep our readers and listeners abreast of the latest trends.

EF: How do you make this data available to customers and how is that valuable?

For market participants making investment choices, ESG information has to not only be high-quality and contextual, it has to be instantly actionable. That’s why we make our ESG products easily accessible at every stage of the investment workflow.

 For example, on the Bloomberg Terminal, ESG data is displayed alongside fundamental data on security description screens, so analysts can integrate ESG risks and opportunities into their fundamental analysis. Other Terminal functions enable investors to analyze, monitor and report on portfolios, as well as research and invest in ESG fund and index products.

We also make machine-readable ESG data available via our Enterprise Data feeds, to be pulled directly into in-house trading, analytics and operations systems. This helps our clients ensure that consistent data is used throughout the firm, minimizing errors caused by data discrepancies. The data can also be downloaded in formats suitable for quantitative analysis, reducing the time and cost of acquiring, cleansing and normalizing data before it can be used.

In the index space, Bloomberg offers the Bloomberg Barclays MSCI ESG Fixed Income Indices, the market's first fixed income index family to incorporate measures of ESG risk.

Guide entries by Bloomberg

Verification (Third Party)

Carbon Emissions Scope 3 footprint

Modern Slavery footprint

Species extinction-risk footprint

TIDE

iSA, iS, impak Score™, SFDR+i

Rainforest Alliance & Conservation International

Mettle Capital ESG Risk platform

MIS Second Party Opinion

nZero

Seafood Database

Second Party Opinion

ESG Rating, Reporting and Advisory

Climate and environment data hub

Sustainability Copilot

ESGSignals®

Sanctify ESG

Asset-level Indicators

Asset-based Analytics

Asset-based Company Indicators – Essential and Advanced

Bloomberg Sustainable Finance Solutions

India ESG datasets [BRSR taxonomy available]

9fin ESG

CLIMATE RISK IMPACT SCREENING (CRIS) for Climate Physical Risk

CARBON IMPACT ANALYTICS (CIA) For climate transition risk

CDP 2022 GHG Raw Emissions Dataset

CDP 2022 Full GHG Modelled Emissions Dataset

CDP 2022 Risks and Opportunities Dataset

CDP 2022 Scores

CDP 2022 TCFD-Aligned Climate Change Dataset

CDP 2022 Temperature Ratings

ChemScore

Global Landscape of Climate Finance

ESG Portfolio Check

Sustainable Finance Ai Suite (ESG, EU Taxonomy, Supply Chain Risk)

ESG Lead

Horizon

EF Data

Equileap Gender Equality Data

Ethical Screening Portal

OneTrack

Coller FAIRR Protein Producer Index

ESG research, data and reporting solutions

Forests & Finance

Forest 500

GLYNT

Greenomy EU Taxonomy/SFDR/EET Solution

Corporate Ratings

ETF Fund Ratings

Issuer ESG and SDG Benchmarking

Municipal Bond Data and Ratings

US Retirement Plans, including 401(k) and 403(b)

Integrated Biodiversity Assessment Tool

CBF – Corporate Biodiversity Footprint

SB2A – Science-Based 2°C Alignment

Global Impact Database

FinanceMap

LobbyMap

ESG Impact Rating

Green Bond Transparency Platform (GBTP)

Investverte

Corporate Governance Information Search

JPX ESG Indices

LGX DataHub

Climate Data by Moody’s

ESG Data by Moody’s

Nasdaq Sustainable Bond Network

Nasdaq ESG Data Hub

Nasdaq ESG Data Portal

Nasdaq ESG Footprint

Informe Anual OFISO

ESG Solutions

Resolution Database

Second Party Opinions

SDI Asset Owner Platform

ESG Disclosures and Sustainability Report Assurance

Second-Party Opinions on Sustainable Bonds and Loans

Supply Chain ESG Risk Platform

UN SDG Impact Assurance

SIGWATCH

Sugi

SustainaBase

Sustainable Fitch ESG Ratings

Geospatial ESG Solutions

Sovereign ESG Ratings

MARK

White Stag Investing Investment Research in Water, Oceans and Biodiversity

ClimateWatch

Forest Atlases

Global Forest Watch

Global Forest Watch Pro

LandMark

PREPdata

Resource Watch

WRI Aqueduct

Carbon Footprinting and Science-based Targets Support

Second Party Opinion - Thematic Bonds and Loans & Impact Assessment

TCFD Advisory and Support

Carbon & Climate Data

Carbon Footprint Report

Climate Impact Report

Net Zero Solutions

Climate Scenario Analysis and Implied Temperature Score

Climate Physical Risk

Transition Risk

Climate Advisory Services

Potential Avoided Emissions Data

Energy & Extractives Screening

Norm-Based Research

Country Screening

Sector-Based Screening

Country Controversy Assessment

Director Data

Executive Compensation Analytics

Voting Analytics

Governance QualityScore

E&S Disclosure QualityScore

ESG Muni QualityScore

Carbon Risk Rating

ESG Corporate Rating

ESG Country Rating

SDG Solutions Assessment

SDG Impact Rating

ESG Fund Rating

Water Risk Rating

Biodiversity Impact Assessment Tool

ESG Index Solutions

EU Taxonomy Alignment Solution

SFDR Principle Adverse Impacts Solution

Regulatory Sustainable Investment Solution

ESG Portfolio Analysis

ESG Raw Data

Global Sanctions Screening

Responsible Investment Policy Development

EVA (Economic Value Added)

Climate Voting Policy

Custom Climate Voting Factors

Bespoke Research & Advisory Solutions

ESG Scorecard

Controversial Weapons Research

CIARA – Carbon Impact Analytics for Real Assets

CDP 2022 Forest Corporate Response Dataset

CDP 2022 Water Security Corporate Response Dataset

Net Zero Finance Tracker

Sustainable Economy Intelligence

ESG Ratings & Analysis

SDG Analysis

Net Zero Analysis

Fund Due Diligence and SDR Labelling Reports

Ethical Research

Sustainable Funds Portal

ESG RATINGS

Coller FAIRR Climate Risk Tool

ESG Solutions

Fund EET Data

Fathom’s Product Stack

ENCORE

Trase Finance

Dependency scores

Climate Positive Impact

Positive Impact Biodiversity

Carbon Footprint

Empirical ESG and Impact Data

Real Asset Analysis

ESG Newsroom

Norm-Based Engagement

Thematic Engagement

ESG Custom Rating

Cyber Risk Score

European ESG Template Solution

Environmental & Social Raw Data

Sustainability Insights Suite

ESG Reporting Platform for VC

ESG Solutions by MSCI

Climate and Net-Zero Solutions by MSCI

Biodiversity Solutions by MSCI

Sustainability Solutions for Corporates and Advisors

KaleidoScope

Rating Watch

Vision

ESG GPS X-Ray

A-Cubed

ESG GPS ratings

Data for Nature Insights

Fund EcoMarket

State Street Risk Analytics Platform

TSC Water Security Index

SDG Impact for Public Companies

Universal Impact

Climate Ready Farms

Energy Access Explorer

MapBuilder

Ocean Watch

Water, Peace and Security - Global Early Warning Tool 

Global Water Watch

WRI Open Data Portal

Systems Change Lab

Open Timber Portal 

ESG Clarified

WWF Risk Filter Suite

ICE Climate Physical Risk Data

ICE Climate Transition Analytics Tool

ICE ESG Company Data

European ESG Template (EET) solution

ICE Emissions & Targets Data

ICE ESG Geo-Analyzer Tool

ICE Impact Bond Classification Service

SFDR Principal Adverse Impact (PAI) Data

Task-force for Climate-related Financial Disclosure (TCFD) Data

ICE UN Sustainable Development Goals (SDGs) Data – Municipal Bonds

News Aggregator/Controversies Monitoring Tool

ESG Research and Data Services

SPOTT

CDP 2022 Climate Change Corporate Response Dataset

Green Bond Database

Social and Sustainability Bond Database

DEEP Value©

Benchmark ESG Disclosure Dataset

ASSET Tool

Modern Slavery Scorecard

LSEG Sustainable Finance and Investment Solutions

imug rating ESG-Investments

Briink AI ESG Copilot

ESG Relevance Scores

Climate Wisdom by Riskthinking.ai

ESG, Climate & Nature

Global Integrated Energy Model

Clean Energy Procurement Service

Corporate Emissions Solution

Intentionality and Stewardship Data (Wealth)

Climate Data for Companies and Funds

Second Party Opinions

Product Involvement and Impact Metrics for Companies and Funds

Low Carbon Transition Ratings

EU Action Plan Solutions

ESG Risk Ratings

Physical Climate Risk Metrics

FactSet's ESG Investing Solutions

Physical Risk Analytics

Clarity AI Sustainability Tech Kit

AssetWisdom™ by Riskthinking.ai

BIODIVERSITY IMPACT ANALYTICS POWERED BY THE GLOBAL BIODIVERSITY SCORE™ (BIA-GBS) for the biodiversity impact and dependencies of companies

NEC metric “Net Environmental Contribution”