How can data-screening help investors meet ESG standards?

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How can data-screening help investors meet ESG standards?
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As demand for exclusionary investments rises, AI especially is evolving to process information on companies’ activities

Demand for data-screening services that can help customers find investments that meet environmental, social and governance standards has soared in recent years. More than 20 per cent of global fund assets under management were invested using at least one restriction screen by the end of June 2023 — 10 times more than three years earlier, according to a report by Morgan Stanley.

“The questions you ask generate the response that you get.” Srivastava notes that any information that is difficult to interpret, however, represents an opportunity for any investor looking for a competitive edge. One of the niche areas that MerQube works with uses natural language processing to analyse the language used by senior executives in earnings calls, which as he says are forward-looking, as opposed to earnings reports, which deliver a historical picture.

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