Impact Cubed, an ESG data, analytics, and investment solutions company, has launched a free-access platform for public pension funds.
Chief executive officer Libby Bernick said: “As part of our mission to accelerate the shift of capital to more sustainable companies, an important first step is educating investors about their portfolios’ impact.”
She added: “Equipping public pension funds with tools to see the granular ESG impact of their investments will empower them to have more conversations about ESG with their managers and boards.”
By using Impact Cubed’s platform, a user can see the granular ESG impact of their portfolios, funds, securities and more, across thousands of economic sectors, business revenue streams and individual geographies, she said. This allows for easy benchmarking and better portfolio engineering to match clients’ investment values.
Bernick noted that the tool equips pension funds with objective data and factual portfolio reports to show how their ESG impact compares to broad market indexes. Pension funds can also use the platform to validate fund manager’s claims about ESG performance.
Access is available for public pension funds in North America and Europe too, according to a spokesperson, but Impact Cubed will assess any similar public, not-for-profit pension funds in other regions on a case-by-case basis.