ESG DATA -GOING BEYOND COMPLIANCE

Data have become an important tool for all levels of functions from operational to qualified decision making. However, many financial institutions do not utilise their full potential and continue relying on outdated systems and manual, fragmented approaches to data collection and utilisation. This limits institutions’ ability to use data effectively for risk management, growth and customer engagement.

The ESG data collection process is often cumbersome and time-consuming, particularly when gathering data from loan and investment portfolios. Despite increasing regulatory and market pressures for robust, high-quality ESG data, organisations frequently limit their use of this information to compliance requirements rather than leveraging it strategically for broader decision-making purposes.