ICE Looks to Bolster ESG Service as Investors Grapple with Lack of Standards
ICE Data Services says investors can access its reference data subscription later this year to build out their ESG strategies.
Standards and regulation around environmental, social and governance (ESG) strategies for investing are still evolving, but interest in the area is growing among investors, says Lynn Martin, president for ICE Data Services.
“The EU put in some regulations at the end of last year, but this is an area that is still very much evolving, and firms’ compliance is very much evolving,” Martin says.
ICE recently announced that it is launching a reference data service to help investors assess ESG risks
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