New ‘On-demand’ ESG reporting platform launches for sustainability frameworks
The Sustainability Analytics platform GaiaLens, has launched its new on-demand sustainability reporting product for ESG analysts today. Offering a flexible, monthly subscription-based model, analysts can now access fully automated reporting for all major sustainability frameworks at the click of a button.
ESG-related Assets Under Management (AUM) are forecast to reach $33.9 trillion globally by 2026, yet analysts continue to face significant challenges in ESG reporting with an increasing regulatory burden. Analysts typically spend many hours producing individual reports, and whilst technology solutions exist to help, most tend to include data and analytics that do not actually help speed up the reporting workflow for analysts. Furthermore, the solution is often inaccessible to analysts due to teams of sales reps gatekeeping it.
Challenging the traditional ‘one size fits all’ approach to ESG reporting, GaiaLens has developed a unique ‘on-demand’ reporting solution that provides ESG analysts instant access to its sophisticated AI-powered reporting system. This self-serve software approach enables analysts to sign themselves up, try out the product and generate the sustainability reports they need as quickly as possible without speaking to a single person – an industry first. The flexible monthly subscription model means that analysts can sign up online for instant access with the freedom to dip in and out of the service as needed.
Sustainability Frameworks is the first module to be released by the technology team at GaiaLens, giving analysts access to the latest, highest quality ESG data available and generating SFDR, TCFD, EU Taxonomy and UN SDGs reports (and more) for portfolios/funds in a matter of seconds. Three further products, namely a GenAI-powered PDF Chatbot, a Greenwashing Risk Assessment tool and a Customisable Reporting tool, are scheduled for release in early 2025.
Led by a group of finance professionals, technologists, and academics. GaiaLens offers cutting-edge AI-driven technologies combined with the latest thinking in ESG. Commenting on the launch of the Sustainability Frameworks product, GaiaLens’ CEO and Co-Founder Gordon Tveito-Duncan, a former equity research analyst, said: “Analysts' day-to-day work is becoming more focused on reporting and compliance, with the regulatory burden on asset managers ever-increasing. Our new on-demand Sustainability Frameworks module can help thousands of ESG analysts to automate their essential ESG reporting, allowing them to dedicate more time and effort to more analytical tasks.”
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