ISS ESG has added industry average emission intensity data set to its climate suite.

The data set is for banks and insurance companies that need to comply with mandatory climate-related disclosure frameworks such as the Corporate Sustainability Reporting Directive and European Banking Authority Pillar 3 ESG Disclosures. It has been developed in line with the EBA Pillar 3 reporting requirements and enables users to estimate emissions for non-listed companies, small and medium enterprises, and other alternative investments.

Till Jung, Head of ESG Business at ISS STOXX, said, “Banks continue to face tight implementation deadlines, in tandem with data scarcity, among other challenges, to meet the regulatory requirements set out by the EBA standard. ISS ESG has applied its wealth of experience in measuring physical and transition-related climate risks, regulatory alignment, and much more, to develop a broad and deep dataset, to help streamline banks’ EBA Pillar 3 ESG reporting.”

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