ESG by Stamdata

Stamdata is a company specializing in financial market data, hence we wish to help solve our customers need for reliable ESG data from companies with issued bonds and/or listed equities.

We have identified our customers need raw, industry and sector specific data to be able to meet internal requirements for ESG investing. In addition, customers face stringent and demanding regulatory requirements such as the Sustainable Financial Disclosure Regulation (SFDR) where ESG data is a basic need for their recurring reporting process. ESG data from Stamdata is available via multiple accessibility options such as via feed, API or web access.

ESG BY STAMDATA – AN ESG DATA SERVICE

A MARKET AND ACADEMIC DRIVEN PROJECT

The ESG by Stamdata service was, and continues to be, a market driven initiative that was initiated in the beginning of 2022. With a lot of respect for the broad topic of ESG, Stamdata was challenged by existing customers on building out a golden source and infrastructure for Nordic ESG data, starting with focus on the Norwegian market. The challenge led to Stamdata gathering a working group made up by 12 of Norway’s leading asset managers, who would help contribute to a master thesis project at the BI- Business School of Norway, by sharing their pains and gains relating to ESG data and SFDR reporting compliance. The students’ objective was to develop and test an ESG data value proposition for a new Stamdata service idea using best practice innovation theory, and by building deep knowledge of asset managers’ needs and challenges using open innovation methodology. The project findings lay the foundation for the new ESG by Stamdata service, which aims to solve for local needs and requirements our customers face (following the postponed implementation of the European Single Access Point initiative, scheduled to be gradually implemented, starting 2027).

Being experts in data and data management, Stamdata released its ESG by Stamdata service MVP (most viable product) in September 2022 covering over 1,050 bond and equity issuers in the Norwegian market. This number included companies with listed or unlisted bonds as well as listed equities. Customers require raw company reported data were available, and where there is no data to source, they need an industry or sector view with statistics and metrics to help analyze, measure and report on certain exposures to companies. In addition, it is critical the provider of such a service can work two/three-ways, contributing to development of the local market and the availability of reported ESG data by companies. Stamdata was well placed to take on such a task, especially as the company in addition to the existing Stamdata customer base, can leverage the know-how of Nordic Trustee Group and its business relationships with just about 1,000 companies with issued bonds in the market.

SERVICE DESCRIPTION

The ESG data provided by Stamdata is continuously updated and delivered to customers through both web, feed and API for ease of use and ingestion into internal databases and systems with the end customer.

Transparency is key when providing ESG data, hence Stamdata offers both raw and derived data. Raw data is made up by company reported data whilst derived data can be either calculated PAI (Principle Adverse Impact) indicators, “hybrid data”, industry averages based on NACE sector classification, or industry data sourced from official public sources.

WHAT YOU AS OUR CUSTOMER WILL RECEIVE

ESG datasets

Raw ESG data (ESG Factors) reported directly from the companies we cover. In the Norwegian market the universe is made up by more than 1000 companies
Hybrid data, which is derived industry averages. This is provided for all industry sectors non-dependent of if the company is reporting raw ESG data points or not.
Industry data, is data sourced from public resources such as Statistics Norway, other similar and relevant official registers, or equivalent organizations in other jurisdictions
Historic Performance Data, is ESG data populated all the way back to 2018 (for companies any company reported ESG data in the period)

Data output

Annually reported raw ESG data per company with history starting from 2018, which continuously will be updated as upcoming years’ reporting is published by companies, with each company mapped to the correct industry sector using NACE industry classification scheme
Calculated PAIs with the underlying data and formulas (mandatory PAIs + some voluntary PAIs)
Industry averages based on reported data using NACE industry classification scheme
Industry data sourced from public registers
Historic records from 2018

Delivery options

Feed/API – Choose between sourcing ESG data via secured FTP or API depending on what suits your need
Web – ESG data is available via Stamdata.com since January 2023
Through partners

RELATED ADD-ON SERVICES

Climate Portfolio Assessment Service

The service delivers independent portfolio assessments of the by the customer selected fund portfolios using a framework aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendation. Each assessment of a fund portfolio presents, among other things:

a carbon analysis, which includes intensity, footprint, WACI and sector analysis; and
an analysis of carbon reduction targets and disclosure; and
a full portfolio assessment; and
an analysis of the energy consumption within the portfolio.

For more information about the add-on service, please contact esg@stamdata.com.