LSEG was Highly Commended in the Best Climate Risk Management Solution category at the 7th Regulation Asia Awards for Excellence.

The Best Climate Risk Management Solution category seeks to recognise solutions that significantly enhance the ability of financial institutions to identify, assess and mitigate climate-related risks. The award focuses on platforms that leverage reliable data sources, advanced analytics, and innovative technology to help firms meet their regulatory and risk management obligations and mitigate their environmental impact.

LSEG was recognised for its Transition Pathway Initiative (TPI) Management Quality data and scores, which provide a robust framework and methodology to empower firms to evaluate and compare companies’ climate strategies and management quality on a global scale. The solution helps financial institutions make informed decisions aligned with sustainability and regulatory standards by providing a comprehensive view of climate-related risks they face through exposures to corporate clients.

The solution can incorporate data from a wide array of sources, allowing financial institutions to benchmark climate performance against critical metrics, reinforcing the value of fostering transparency and accountability in climate risk management practices. The recognition highlights LSEG’s commitment to driving innovation in climate risk assessment and supporting financial institutions in meeting their sustainability goals within an increasingly complex regulatory environment.

“LSEG’s TPI Management Quality Scores have set a benchmark for climate risk assessments,” said one judge on the Regulation Asia Awards panel. “The focus on data accuracy and precision ensures that the insights generated are actionable, which provides financial institutions a much-needed competency when it comes to managing climate-related risks and addressing sustainability reporting requirements.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee remarked, “In today’s financial landscape, advanced climate risk management solutions are essential to building a resilient and sustainable industry. LSEG’s TPI Management Quality Scores exemplify how sophisticated data and analytics can drive informed decision-making, and support institutions in their commitment to sustainable finance.”

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.