World Bank launches Sovereign ESG Data Portal
Summary
The portal aims to increase data transparency and support private sector investments in emerging markets and developing countries.
The World Bank has launched the Sovereign ESG Data Portal. The portal is a free, open and easy-to-use online platform that provides users with sovereign-level environmental, social and governance (ESG) data.
The portal is designed to help investors better align ESG analysis with key sustainable development policy indicators and analysis, as well as to increase data transparency and support private sector investments in emerging markets and developing countries.
The portal is comprised of 17 themes which were selected to provide a balanced picture of policy performance and country conditions, given data availability. The initial set of indicators is based on both current market and World Bank usage of these criteria. The framework incorporates 67 indicators in total, covering all the 17 Sustainable Development Goals. The data is available for download for all World Bank member countries.
A growing body of research demonstrating the importance of ESG criteria indicates the need for investors to manage and assess ESG risks and opportunities associated with their investments – for all asset classes, including bonds. As part of a research program with Government Pension Investment Fund (GPIF), Japan, the World Bank conducted research and hosted consultations with investors and ESG research firms to identify gaps in data availability and access.
New indicators – including from geo-spatial and big data sources – on natural capital, human capital, poverty measures, stranded assets and other areas, are set to be developed and added to the portal in the future.
Related
-
IMF says Nigeria needs to increase spending by 18% of GDP to achieve SDGs
IMF recommends that the country should increase annual spending by 4 percentage points of GDP to expand health workers, ...
-
Access Bank at the front lines of SDG actions
This year marks the beginning of a decade in which action needs to be accelerated by key stakeholders to achieve SDGs.
-
Hamzat Lawal shortlisted for global sustainability award on anti-corruption
The award organiser said corruption increases poverty, complicates effective climate action, and hinders the chances of ...
Sustainable Development Section Sponsor
-
Access Bank Plc ...Financing the future
Most Popular
