The financial community’s ability to contribute towards the achievement of the goals of the 2015 Paris Agreement and the broader UN Sustainable Development Goals depends on the logistical capacity to chase these targets. Such a capacity relies on a range of specialised resources, not just trained ESG analysts, but also data feeds and related tools.
One often neglected area, due to its inherently procedural nature, is engagement. Although some companies provide proxy voting services, the entire process of managing an asset manager’s engagement process is normally handled in ad-hoc ways, via in-house or generalised software tools. To address this gap in the market, Swedish company Esgaia (previously Acty) offers a specialised digital engagement solution.