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Press Release
12:47 PM 4th November 2024 GMT+00:00
LSEG Wins Best ESG Disclosure & Reporting Solution at 2024 Regulation Asia Awards
Reporting by Editors
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Article Summary
LSEG's Sustainability Intelligence platform has been awarded the Best ESG Disclosure & Reporting Solution at the 7th Regulation Asia Awards for Excellence (2024) for its robust tools that aid financial institutions in tracking, managing, and reporting ESG data amidst complex regulatory demands.
The platform is designed to simplify climate and sustainability disclosure, aligning with globally recognised frameworks and providing functionalities such as greenhouse gas emissions calculators and tools for assessing carbon emissions impacts.
LSEG has launched a version of the platform for Bursa Malaysia, enhancing ESG compliance for both listed and unlisted Malaysian companies, and demonstrating a commitment to innovation in the evolving regulatory landscape of sustainable finance.
This summary has been produced by RegAI. Contents may not be accurate.
LSEG’s Sustainability Intelligence platform has been awarded the Best ESG Disclosure & Reporting Solution of the 7th Regulation Asia Awards for Excellence 2024.
The Best ESG Disclosure & Reporting Solution award celebrates solutions that advance the sustainability agenda by providing financial institutions with robust tools for tracking, managing and reporting ESG data. This category recognises platforms that help institutions meet complex regulatory demands while supporting greater transparency and reliability in the evolving sustainable finance landscape.
LSEG’s Sustainability Intelligence platform was recognised for its industry-leading approach to ESG disclosure and reporting, particularly its adaptability to changing regulations and its commitment to data integrity. Designed to meet the needs of companies and financial institutions across various jurisdictions, the platform offers an integrated framework that simplifies climate and sustainability disclosure and reporting, aligned to globally recognised frameworks such as ISSB, TCFD and GRI. Banks use the platform to assess their financed emissions and understand climate risk exposures in their portfolios and loan books.
The platform includes greenhouse gas emissions calculators, a tool to facilitate identification of Scope 1, 2 and 3 emissions, and functionality to help firms assess and disclose their carbon emissions impacts and standardised ESG data. It also helps firms streamline their data collection and reporting workflows, providing them with a comprehensive, user-friendly tool to enhance ESG compliance. LSEG has also launched a version of the platform for Bursa Malaysia to facilitate reporting by listed and unlisted Malaysian companies.
“LSEG’s Sustainability Intelligence platform addresses a number of industry challenges associated with ESG compliance,” said a judge on the Regulation Asia Awards panel. “Its user-centric design, combined with rigorous data standards, sets a new benchmark in the market, empowering institutions to improve transparency on their sustainability and climate-related risks and meet growing regulatory demands more effectively.”
Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee said LSEG’s platform “addresses a critical need for reliable, adaptable ESG reporting tools that support transparency and accountability across the industry. Through the platform, LSEG demonstrates a commitment to innovation and client success, which will undoubtedly help to drive the future of sustainable finance as the regulatory landscape continues to evolve.”
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.
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