LONDON and MALTA – May 2024 – Invest4Growth Asset Management Ltd, a boutique UCITS management company managing an Article 8 ethical income fund selects Clarus Risk’s RiskMonitor solution to provide ESG risk and regulatory ESG reporting.
Article 8 and 9 funds face growing scrutiny from regulators and investors to provide greater transparency on compliance with prospectus SFDR commitment and exclusions as well as insight on portfolio climate impact.
RiskMonitor’s ESG reporting addresses these requirements via its integration of the SBTi (Science Based Targets Initiative) temperature scoring model and extensive library of restrictions to monitor, which has been expanded to handle enhanced compliance requirements brought about by SFDR. With concerns on consistency of data, methodology and lack of transparency there is increasing pressure on fund managers to improve reporting. With a comprehensive SaaS platform, RiskMonitor supports governance and regulatory reporting demands with seamless, end to end reporting synchronised with the release of fund accounting (NAV) reporting.
“We are delighted RiskMonitor has been selected by Invest4Growth as their risk solution for ESG reporting”, said Maria Palazzi Nieves, Vice President – ESG Solutions at Clarus Risk. “Our engagement has been collaborative. Thanks to their invaluable feedback, we have significantly improved the development of our solution. Their insights have inspired the integration of new analytics and the refining of existing ones. Particularly on the portfolio temperature alignment features, which implement the SBTi model.”
“With a growing regulatory burden on ourselves as well as our institutional investment clients, RiskMonitor enables us to demonstrate better governance” said Sam Safavi, CEO, Invest4Growth. “Our selection was driven by the flexibility of RiskMonitor and responsiveness of Maria and team.”
