Bloomberg - Bloomberg Sustainable Finance Solutions
- Environmental data
- Social data
- Governance data
Brief description of the data offering
Bloomberg helps firms set and manage sustainable investment targets by providing quality and transparent ESG data, analytics, research and tools.
Company Reported data: Bloomberg provides data on 15,000+ companies worldwide. Bloomberg's global team of ESG data analysts source data from 25+ distinct types of public documents and run 5,000+ sophisticated, multi-layer quality control systems to ensure that all data conforms to the highest standards.
ESG Scores: Bloomberg provides ESG scores for 5,500+ companies across 47 industries. Bloomberg scores are data-driven and fully transparent, so investors can examine both the scoring methodology and the company reported data underlying each score. Categories include: climate transition, E&S news sentiment, and ESG disclosures.
Regulatory Data Solutions: Bloomberg provides data for the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR), and dynamically builds new solutions for disclosure requirements from these regulations such as MiFID II Suitability and EBA Pillar 3 Climate Risk.
Carbon Emissions: Bloomberg provides carbon emissions estimates for over 100,000 global public and private companies going back to 2010. Bloomberg’s proprietary machine learning model leverages more than 800 data points to estimate company level Scope 1, 2 and 3 emissions.
Sustainable Debt (SD): Bloomberg evaluates the credentials of active fixed income instruments across corporates, bonds, loans, preferred, muni and structured products. Bloomberg offers timely and comprehensive sustainability data for fixed income investors seeking to direct capital to sustainable activities.
DL+ ESG Manager: DL+ ESG Manager makes data accessible by connecting customer workflows to the full power of Bloomberg’s datasets and data from partner vendors while providing full transparency and unlocking maximum value.
Sustainable Indices: Bloomberg offers sustainable index resources and customization capabilities built on our foundation of comprehensive, cross-asset indices. Bloomberg’s index, ESG, and climate research teams collaborate to produce and maintain strategic, and often groundbreaking, benchmarks.
The data offers solutions for:
- Carbon footprinting
- Climate scenario analysis
- Environmental impact analysis and insight
- Investment decisions and portfolio insight
- Nature-based information: Biodiversity
- Reporting: CSRD
- Reporting: SFDR
- Reporting: TCFD
- Reporting: UN SDGs
- Social impact analysis and insight
- Norms-based screening
- Temperature alignment
Where and how do you source your data?
Bloomberg incorporates ESG data from multiple sources so firms can look at ESG holistically and in combination with other data factors informing their investment strategies.
Bloomberg captures ESG data from companies’ annual reports, integrated annual reports, sustainability reports, stewardship/corporate governance reports, AGM results, press releases, policy documents, websites, and other publicly available documents. Bloomberg also captures fund disclosed information, holdings, general objective, and SFDR classification details.
Bloomberg’s global team of ESG analysts run multi-layer quality controls to clean and standardize company reporting so it is readily usable for clients. Company reported data represents at least 80% of company operations and workforce to enable complete evaluation of sustainability performance. This data is fully transparent and traceable to the original documents.
Bloomberg sustainable debt information is sourced directly from issuers and involved parties and from proactively collected frameworks, external reviews, allocation and impact reports. Bloomberg provides Green, Social, Sustainable, Sustainability-Linked (GSSS) tags along with other details on Bloomberg Terminal and through its Enterprise Data business.
Bloomberg’s proprietary scores leverage data collected by the company’s Data team and two research arms: BI and BNEF. BNEF maintains updated country transition level data and renewable energy and finance project information through its network of industry relationships. BI provides ESG investment research across all asset classes written by 400 BI analysts.
Bloomberg’s ESG data is fully integrated into Bloomberg Professional Service applications designed for company analysis, including Financial Analysis (FA), Equity Screening (EQS), Research Management Solutions (RMS) and Portfolio & Risk Analytics (PORT), allowing clients to efficiently incorporate ESG into the investment process.
Bloomberg’s dedicated ESG function (BESG <Go>) on the Bloomberg Terminal provides a quick snapshot of a company’s historical ESG performance using the most material and best reported metrics and third-party ESG scores.
Who are the data users?
- Financial institutions
What is the cost for your data offering?
Access to Bloomberg ESG data, scores, research, news and analytical tools is included in the cost of the Bloomberg Terminal. Bloomberg’s ESG data is also available as enterprise data sets via Data License, and can be accessed through Bloomberg’s ready-to-use data website, data.Bloomberg.com. These data sets can be accessed by multiple applications and people within an organization on a different fee structure than the Bloomberg Terminal.
What are the key attributes that differentiates the data you offer?
Active market participation: As one of the world's leading financial data providers and a long-time advocate for improving the quality and usefulness of corporate sustainability disclosures, Bloomberg has a deep understanding of the challenges surrounding ESG data, such as lack of availability, transparency and comparability.
Bloomberg actively engages with industry initiatives to help solve for these, notably through the development and standardization of non-financial disclosures via the Task Force on Climate-Related Financial Disclosures (TCFD), which Michael Bloomberg chairs, through membership on the Platform for Sustainable Finance, the UK’s Green Technical Advisory Group, GFANZ – Glasgow Financial Alliance for Net Zero, and via the development of high quality, transparent and reliable ESG data and analytics.
Data quality excellence: Bloomberg’s company reported data represents at least 80% of company operations and at least 80% of the company's workforce to ensure it is representative of activities and is comparable across the industry. Bloomberg's global team of ESG analysts run sophisticated, multi-layer quality control systems to ensure that all data conforms to the highest standards, and full data transparency is provided so users can drill down to validate any datapoint.
Holistic insights:Bloomberg provides firms access to transparent, consistent, and comparable ESG data covering 15,000+ companies globally, representing approximately 90% global market cap, with more than 5,100 data fields, including third-party data.
Through Bloomberg identifiers, this ESG data links to other company datasets and Bloomberg offers data management capabilities by streamlining the acquisition, mapping, and distribution of instrument data from multiple sources linked to a single entity, giving clients a holistic view. Bloomberg’s proprietary ESG scores, news, and research arms also use this data to help inform client’s strategy decisions. Customers can readily access Bloomberg’s ESG data on the Bloomberg Terminal or across their enterprise via Data License.
Unlock successful ESG investment with Bloomberg’s data and solutions. Bloomberg helps firms to integrate sustainable finance considerations into their strategic decision making with the most comprehensive and unique suite of ESG data and solutions in the market.