Bloomberg has unveiled a new data mapping and materiality assessment tool to assist investors in evaluating a company’s potential impact on any of the United Nations Sustainable Development Goals (SDGs). This tool aims to support the integration of impact considerations into investment portfolios. The UN SDGs encompass 17 categories of goals adopted as part of the 2030 Agenda for Sustainable Development, addressing global challenges such as poverty, hunger, education, and environmental protection.
The tool integrates the UN Environment Programme Finance Initiative (UNEP FI) Sector Impact Map into Bloomberg’s ESG data offerings. This integration provides mapping of over 500 sectoral activities to 38 impact topics and the SDGs, covering 50,000 public companies. The tool distinguishes between positive and negative impacts that a company may have on the environment, people, and economic development. Bloomberg is the first data provider to integrate the UNEP FI Sector Impact framework into its offerings.
Investor demand for objective SDG-related data is growing, and Bloomberg’s tool aims to address this need. Despite the global impact investing market surpassing $1 trillion in 2021, the UN estimates a funding gap of $2.5–$3 trillion to achieve the SDGs by 2030. The new tool aims to provide clarity for investors directing capital towards sustainable assets and assessing private sector alignment with the SDGs.
By FCCT Editorial Team
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