Home > First Inrate Compliance Data Set: SFDR and BMR

First Inrate Compliance Data Set: SFDR and BMR

Sep 13, 2021

New extended data requirements have to be fulfilled with the enactment of various EU regulations. We will be able to offer the first version of the data sets for the Sustainable Finance Disclosure Regulation (SFDR) and the “sustainability-related disclosure” of the EU Benchmarking Regulation (BMR-ESG) in Q4 2021. The new transparency requirements can thus be implemented through our data.

With regards to the SFDR and the BMR-ESG, Inrate will provide comprehensive ESG data for the KPIs (Key Performance Indicators) required or recommended by these regulations. In part, this requires supplementary reporting by the companies concerned, in part the data for the implementation of the SFDR and BMR-ESG are already available today. The new data sets include indicators such as energy consumption, greenhouse gas emissions, social and labour issues, water, waste, totalling over 66 indicators. With the additional reporting, it will be possible to add to these gradually. The compliance data set encompasses the entire coverage.

Concerning the EU taxonomy, Inrate will be able to provide the approximate share of compliant economic activities. The data is provided as a revenue share and complies with the “Minimum Safeguards” and “Do No Significant Harm” criteria.

The compliance data supplements Inrate’s existing data sets. Inrate has many years of experience and expertise in measuring positive and negative impacts of corporate activities on environment and society.

Financial market infrastructure provider SIX announced today the launch of a new climate data offering, aimed at supporting investors in reporting and monitoring of climate factors, and in climate-related investment and risk decision making.

The climate data sets, from various data providers in a range of industries, will provide clients with modelled and reported emissions data, covering over 33,000 companies globally, and bringing together multiple data sets on regulatory, historical and forward-looking climate impacts from providers including MSCI and Inrate. SIX also announced that it has recently entered into an agreement with environmental disclosure platform CDP to offer access to its global Greenhouse Gas (GHG) Emissions Dataset across various industries.

According to SIX, the new data sets come as investors increasingly require ESG and climate data to monitor investment decisions and to meet growing regulatory disclosure requirements, including the EU’s SFDR and the U.S.’ upcoming SEC Climate Disclosure Rules.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, said:

“Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing – both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market.”