JPMorgan’s data platform for institutional investors is using a slew of partnerships to make ESG investing more cost effective for its clients, as environmental, social, and governance concerns continue to be a hot topic for regulators, board members, and customers alike.
JPMorgan is making sustainability-focused investing easier and more efficient for its clients.
The firm’s Fusion unit just announced partnerships with nine providers to bring sustainable investment data onto its platform. Fusion ultimately aims to give institutional investors faster access to timely analysis, compliance monitoring, and reporting, at a lower cost.
“Data for sustainable investing is particularly challenging given its scale, inconsistency, and incompleteness,” head of data solutions Gerard Francis said. “Fusion combines data, technology, and service at scale, to enable investors to extract value in minutes instead of months.”
Large financial institutions like JPMorgan ultimately want to help their clients achieve their ESG goals, which requires robust technology and reliable data. To that end, Bank of American and Goldman Sachs invested in an environmental markets platform earlier this year.