Clearstream launches sustainability service for fund distributors

New service aims to increase adoption and transparency relating to sustainable investing.

By Wesley Bray

Deutsche Börse’s post-trade services provider Clearstream has launched a new sustainability service for fund distributors, in collaboration with Clarity AI.

Clearstream Fund Centre’s fund distributor clients will be provided with detailed insights into sustainability characteristics of investment funds via the Fund Compass application.

The new service will include three main features.

Firstly, the service will filter the fund search functionality based on a set of sustainability scores to match sustainability preferences respectively.

Secondly, the service will compare and benchmark more than 72,000 share classes according to sustainability scores.

Lastly, the service will provide in-depth insights into additional criteria, such as environmental, social and governance (ESG), climate, United Nations sustainability development goals (UN SDGs), as well as exposure and impact highlights at share class level.

“Fair, reliable and transparent markets are at the core of the transformation towards more sustainable economies,” said Bernard Tancré, head of investment fund services product at Clearstream.

“As a leading fund service provider and distribution platform, we are committed to actively drive this transition. Together with Clarity AI, we give distributors – and investors – effective means to base their investment decisions on high-quality, comprehensive and comparable ESG criteria.” 

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