Adapt to evolving sustainability regulations
Prepare your firm for change with Bloomberg’s ESG data & solutions
2023
- First firm-level PAI statement
- Financial firms required to report on Taxonomy eligibility
2024
- SFDR reporting to include historical comparisons
- Taxonomy reporting on alignment, and eligibility expands to four remaining environmental objectives
2025
- Non-financial firms report eligibility & alignment on all environmental objectives
- Financial firms can use taxonomy estimates for mandatory Taxonomy KPIs
SOLUTIONS
SFDR
Principal Adverse Indicators (PAI)
Bloomberg offers accurate data matches for each mandatory PAI, covering 15,500+ companies, as well as carbon data on 130,000+ companies in 140+ countries. This translates to more than one million securities using our corporate structure data.
Enterprise Value Including Cash
Our SFDR data solution accounts for EVIC so clients can streamline PAI measurement and reporting either in their own portfolio management and reporting systems, or within Bloomberg’s analytics tools.
Investment guidelines
Bloomberg’s order management system, AIM, provides investment cycle analytics so buy-side firms can monitor execution against SFDR requirements. Our PAI mapping can be used to trigger alerts across a suite of investment products.
Bloomberg Data License
Bloomberg’s Enterprise Data solution allows firms to meet their PAI reporting with or without a Bloomberg Terminal. This dataset covers as-reported ESG metrics as well as greenhouse gas estimates for public and private companies across the globe.
Greenhouse gas estimates
Understanding the carbon footprint of your investment portfolio is a key part of SFDR. Bloomberg fills the gap in reported data by estimating the carbon footprint of 130,000+ companies, many of which do not report their emissions.
PORT Enterprise
SFDR data is fully integrated with Bloomberg’s reporting module, allowing for one-click report generation to benchmark your portfolio’s exposure across the PAIs. A ready-to-use Microsoft Power BI template is also available.
SOLUTIONS
EU Taxonomy
Bloomberg’s best-in-class solution
Data quickly updated
Company-reported taxonomy data is ingested in a timely manner – typically 2-4 days from the date of publication.
Extensive company coverage
We provide reported data for nearly 2,000 companies under NFRD, and estimate the eligibility and alignment of more than 15,000 companies that account for 93% of global market capitalization.
Broad data coverage
Clients rely on a comprehensive set of 230+ data fields to comply with their reporting requirements, including the four remaining environmental objectives that companies will start reporting in January 2024.
Measuring your alignment with EU Taxonomy
Use the Bloomberg Terminal to apply the Taxonomy in 5 steps.
STEP 1
Identify eligible investments
Understand what percentage of your investment portfolio comes from activities covered by the Taxonomy for all six environmental objectives and quickly interrogate the score for any given company.
STEP 2
Determine substantial contribution to mitigation & adaptation
Confirm that these activities respect and pass the substantial contribution test criteria within the Taxonomy Delegated Acts.
STEP 3
Pass Do No Significant Harm (DNSH) test
Identify material, environmental and social issues and fields, compare yearly disclosures, and conduct peer analysis for companies within specific sectors. Bloomberg has DNSH scores per company, for each environmental objective.
STEP 4
Check for Minimum Social Safeguards
Access social and governance KPIs, including adherence to key social policies and labor rights, on the Terminal as well as Minimum Social Safeguard scores per company based on a set of mandatory or optional requirements.
STEP 5
Calculate alignment
Once these four steps are completed, you will be able to apply your firm’s own internal thresholds and risk appetite to the data or use Bloomberg’s ready made EU Taxonomy alignment values, which use multiple thresholds that cater to varying risk appetites.
Quality Assured EU Taxonomy Solution
SOLUTIONS
CSRD
Easy access and integration with your data management system
Bloomberg ESG data solutions
Integrate sustainable finance considerations into your strategic decision making with the most comprehensive and unique suite of ESG data and solutions in the market.
Bloomberg Data License Plus ESG Manager
Streamline the acquisition, management and distribution of Bloomberg entity, instrument, markets and pricing data from multiple delivery channels and manage multi-vendor ESG data pipelines.