State Street Plans Large-Scale Expansion of ESG Data Offering

The bank sees opportunity in providing more in-depth, quantitative data on a larger universe of ESG factors.

ESG

It’s been an active year for State Street Global Exchange (SSGX) when it comes to the environmental, social and governance (ESG) sector, as it has expanded its data offering and partnered with an acclaimed academic in the space to build a more robust offering.

“The Holy Grail is for the quality of data to be strong [and] to quantify ESG more intelligently than what is out there. We really want to get the data measurement tool even more robust,” Mark McDivitt, head of ESG Solutions at SSGX

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