Aon has launched what it describes as an “enhanced” responsible investment solution that will help global institutional investors make better decisions, including potentially about which managers they use.

Dubbed RI-360i, the tool is in the form of an online interactive dashboard designed to help institutional investors understand and manage risks, and build responsible investment portfolios.

More specifically, functions include helping to identify, understand, and effectively manage sustainability issues, such as climate risk, and their impact on investment portfolios;

According to consultants at the firm, the tool also “provides valuable insights on the capabilities and approaches of the managers and strategies within investment portfolios, and helps investors identify areas in which their expectations are not being met”.

“Investors can then use these insights to evaluate alternative managers who may better align with their expectations,” said Craig Campbell, senior responsible investment consultant at Aon, and colleague Lucas Higginson, associate consultant.

“This may then lead to switching out the incumbent managers with the aim of aligning more closely with the investor’s objectives on responsible investment.”

Aon said the tool’s insights range from proprietary ratings, Principles for Responsible Investment assessments MSCI scoring, to climate-related metrics and diversity and inclusion analytics.

Looking for IPE’s latest magazine? Read the digital edition here