Insurance coverage group Manulife’s wealth administration arm has partnered with Singapore-based ESG fintech STACS to observe the underlying high quality of its sustainable investments.
Manulife will leverage STACS’ ESGpedia to observe its investments in sustainability-labelled bonds via visibility of the underlying certifications on each the asset and portfolio degree.
STACS’ ESGpedia platform contains options for portfolio monitoring, knowledge entry and consent administration, in addition to entry to ESG certifications and knowledge from numerous sectors and verified sources.
The platform additionally powers the Greenprint ESG Registry, considered one of 4 pilot tasks below the Financial Authority of Singapore’s Mission Greenprint.
“STACS ESGpedia portfolio monitoring software is meant to permit us to see larger asset degree particulars, such because the inexperienced certifications of the buildings financed by inexperienced bonds. This could assist our ongoing due diligence and monitoring of investee corporations,”
stated Eric Nietsch, Head of Sustainable Investing, Asia at Manulife Funding Administration.
“At STACS, we goal to carry ahead the way forward for ESG finance through holistic knowledge and digital instruments on ESGpedia. We’re excited to be working with Manulife Funding Administration to boost efficient funding monitoring of its sustainability-labelled bonds and streamline the present course of digitally,”
stated Benjamin Soh, Co-Founder and Managing Director at STACS.