A decision was made to review existing & potential new 3rd Party data providers to identify the best quantitative data available for ESG metrics.
We reviewed third party data providers to give us quantitative insights into the ESG characteristics of our funds over time. We spent a lot of time on assessing different providers, which has given us insights into how our managers use the data and will benefit our work in 2018 as we build new insights into our standard investment analysis.
The vendor selection process included four options - Vigeo / Eiris, Sustainalytics, FTSE & MSCI. Demo sessions were attended by the anticipated main users of the data - Investment Analytics, Manager & Fund Selection, DPM - Charities, Specialist Investment Management. These teams were then also involved in vendor portal testing & feedback and providing feedback on the agreed criteria to contribute to the ultimate decision.