Finance Breaking news Nasdaq Ventures invests in ESG insight firm Matter last financial news
Breaking-Finance.Com - Nasdaq Ventures has invested in Copenhagen-based sustainability analysis and reporting provider, Matter.
Breaking-Finance.Com - Nasdaq Ventures has invested in Copenhagen-based sustainability analysis and reporting provider, Matter. The investment complements Nasdaq's existing relationship with Matter, which provides the technology behind the Exchange's ESG Footprint product in Europe, providing retail and institutional investors with in-depth insight of the ESG impact of their portfolios. “The demand for sustainable investing options will continue to drive a strong need for ESG data solutions that give access to both aggregated data and transparent overviews of the actual ESG impact of portfolios,” says James McKeone, VP head of European data.
.” Matter allows users to benchmark portfolios on impact metrics, controversial and beneficial flags, and Natural language programming (NLP) driven news media sentiment. The product break down the sustainability performance of more than 14,000 globally listed companies across more than 60 sustainability categories. The terms of the investment were not disclosed.
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