The tool will measure investment strategies’ ESG impact, allowing institutional investors and asset managers to rate their investments against ESG indicators.
These indicators include criteria such as workforce management, producer responsibility, CO2 emissions and executives’ salaries.
According to SGSS, investors will be able to measure the risks linked to these criteria, to identify the best and worst assets in their portfolios or funds.
From this information, investors can adapt strategies to strengthen both financial and societal returns.
Bruno Prigent, head of SGSS, said: “Asset managers are not only concerned about financial goals such as yield, security and liquidity but also—and increasingly—about their impact on society.”
He added: “The new service we offer will help our clients to make the right investment decisions to maximise their positive impacts.”
SGSS has also extended its securities services partnership with UniCredit until 2026.
The agreement, in place since September 2006, covers custody, settlement and market data management services.
UniCredit’s global co-COO Ranieri de Marchis, commented: “We decided to extend a long and successful partnership with SGSS to allow UniCredit to benefit from our partner’s expertise in the best interest of our customers and in line with the Transform 2019 objectives.”