The Sustainable Development Investments Asset Owner Platform (SDI AOP) and Qontigo, its exclusive distribution partner, have announced significant enhancements to the SDI AOP dataset as part of the August 2022 data release. The data analyzes corporate alignment with the United Nations Sustainable Development Goals (SDGs).
The latest data release introduces negative SDG contribution information to identify revenues generated by products and services that are defined as inconsistent with achieving the UN SDGs.
“Adding negative contribution data, alongside the positive contributions, is the direct result of regular exchanges with our subscribers. As this community is growing, we are integrating their feedback into the development of the data,” explained James Leaton, Research Director, SDI AOP.
The approach taken to determine negative SDG contributions follows the same methodology as for the existing positive contributions. The SDI classification focuses on companies’ product and service-related contributions to the SDGs based predominantly on revenues.
“An example of a negative contribution is single use plastic packaging which is not consistent with UN SDG 12 on responsible consumption and production and is the primary contributor to marine plastic pollution under UN SDG 14,” stated James Leaton.
The SDI AOP works with investors to embed the UN SDGs into their investment processes and integrate SDG contributions into their portfolio management and reporting, enabling target setting and progress monitoring. Alongside the inclusion of negative contributions there were several additional enhancements including methodology refinements relating to the energy transition and built-in indicators of changes in the data.
In response to user demand, the SDI AOP will be increasing the frequency of data releases to quarterly, starting in December 2022. A fixed income mapping was also introduced, to allow users to seamlessly map their instruments to issuer level SDI data.
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