Euroclear invests in Impact Cubed
20 September 2022 Belgium
Image: Philip_Steury/stock.adobe.com
Post-trade market infrastructure specialist Euroclear has announced an investment in ESG tech-enabled analytics and data science solutions provider Impact Cubed.
The move aims to further advance Euroclear’s environmental, social and governance (ESG) strategy, as market participants look to increase their understanding of the sustainable impact of their own investment strategies, according to the Belgium-based firm.
Impact Cubed supports investors by enabling them to compare a security’s sustainability exposure, helping them to make more well informed sustainable investment decisions.
Prior to this, Euroclear took a strategic stake in Greenomy, which supports issuers by digitising the data capture and reporting process to comply with EU sustainable finance legislation.
The investments in Greenomy and Impact Cubed align to Euroclear’s objectives of connecting issuers and investors, and integrating sustainable data and analytics into its ecosystem.
Commenting on the announcement, Libby Bernick, Impact Cubed CEO, says: “Euroclear’s network and infrastructure will provide better transparency on the impact of investments across capital markets.
“Together with Euroclear, we aim to increase the adoption of tech-enabled approaches using factual ESG data to ensure investors gain better insights.â€
Lieve Mostrey, Euroclear Group CEO, adds: “This solution will provide our clients with tangible metrics across the investment processing spectrum from issuers to investment managers.
“As a trusted financial market infrastructure, this service is aligned to our mission to provide leadership in sustainability in the financial markets.â€
The move aims to further advance Euroclear’s environmental, social and governance (ESG) strategy, as market participants look to increase their understanding of the sustainable impact of their own investment strategies, according to the Belgium-based firm.
Impact Cubed supports investors by enabling them to compare a security’s sustainability exposure, helping them to make more well informed sustainable investment decisions.
Prior to this, Euroclear took a strategic stake in Greenomy, which supports issuers by digitising the data capture and reporting process to comply with EU sustainable finance legislation.
The investments in Greenomy and Impact Cubed align to Euroclear’s objectives of connecting issuers and investors, and integrating sustainable data and analytics into its ecosystem.
Commenting on the announcement, Libby Bernick, Impact Cubed CEO, says: “Euroclear’s network and infrastructure will provide better transparency on the impact of investments across capital markets.
“Together with Euroclear, we aim to increase the adoption of tech-enabled approaches using factual ESG data to ensure investors gain better insights.â€
Lieve Mostrey, Euroclear Group CEO, adds: “This solution will provide our clients with tangible metrics across the investment processing spectrum from issuers to investment managers.
“As a trusted financial market infrastructure, this service is aligned to our mission to provide leadership in sustainability in the financial markets.â€
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