Allfunds & MainStreet add sustainability tool

Allfunds and MainStreet Partners have announced the launch of the Sustainability Navigator, a tool for the construction of sustainable investment portfolios.

The tool allows investors to upload existing portfolios and gain access to data and reports including the % of sustainable investments, ESG ratings, presence of controversies and taxonomy alignment. Users can also build customized portfolios, in line with Article 8 and 9 frameworks of EU’s Sustainable Finance Disclosures Regulation, using a universe of over 8,500 issuers. Investors can apply filters based on best ESG screening practices, including controversies, PAIs, and alignment to the UN SDGs.

Juan de Palacios, Chief Strategy and Product Officer at Allfunds, said, “We are thrilled to release this tool, showcasing the fruitful collaboration that has evolved since we announced Allfunds’ acquisition of MainStreet at the beginning of 2023. This undertaking aligns perfectly with our ambition to leverage MainStreet Partners’ leading sustainable data and expertise and integrate it seamlessly into Allfunds’ one stop-shop approach.”

Simone Gallo, Managing Director at MainStreet Partners, said, “The development of the Sustainability Navigator, supported by Allfunds extensive distribution network, will bring MainStreet’s expertise to a wider audience. Together we have built a unique digital tool to automatise the main needs of several investors that want to build an Art.8 product or transform an Art.8 into and Art.9 product. Investors often ask how they build and audit several sustainable universes using thousands of data points that speak the language of the SFDR framework, in an efficient and cost-effective way. This new tool answers that question.”