LSEG’s Sustainability Intelligence solution was Highly Commended in the Best Climate Risk Management Solution category at the 7th Regulation Asia Awards for Excellence 2024.

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’s Sustainability Intelligence solution stood out for its sophisticated integration of climate data with financial analytics, allowing users to effectively quantify and manage climate risks. It offers advanced capabilities in climate risk assessment, including the unique ability to model and project climate impacts on financial portfolios across multiple asset classes and jurisdictions, ensuring compliance with regulatory requirements at the jurisdictional level. LSEG’s holistic approach helps organisations better understand and manage their environmental footprint while aligning with global sustainability goals.

“LSEG’s Sustainability Intelligence solution demonstrates a forward-thinking approach to climate risk management, offering a combination of precise data and meaningful analytics to aid in decision-making, risk management and regulatory compliance,” said one judge on the Regulation Asia Awards panel. “LSEG’s innovative use of ESG data and climate analytics provides financial institutions with the tools they need to navigate the evolving climate risk landscape and meet regulatory demands as they evolve.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee added, “As the financial sector continues to work to address climate challenges, solutions like LSEG’s Sustainability Intelligence play a important role in supporting transparency and accountability in climate risk management practices. This recognition underscores the key role LSEG plays in fostering a sustainable financial system and enabling banks to proactively respond to climate risks.”

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.