Eurosif Report – May 2023

11 May 2023

Climate-related Data: The Investors' Perspective


Eurosif is proud to share its new report on the use of climate-related data in investment processes. The report presents the results of a study conducted by Eurosif in the second half of 2022 into the use of climate-related data by asset managers and other financial market practitioners. The study covers financial market practitioners operating in Europe, with assets owned or under management ranging from less than €50 million to more than €500 billion.

The results of the quantitative survey and additional qualitative interviews conducted by Eurosif show that the use of climate-related information in investment processes is now a matter of course, but the breadth and depth of its integration into investment decisions and processes varies. Next to exclusion strategies, among the most widely used approaches for integrating climate-related information in investment processes are screenings and assessments based on GHG emissions and general information about investees’ climate strategy. Less prominent are forward-looking metrics such as climate targets and transition plans.

Based on the findings of this study, to better support asset managers’ and owners’ requirements regarding climate-related data and information, EU policymakers should:

  • Continue to promote better availability, quality, and comparability of company-reported climate-related information via ongoing regulatory initiatives such as the development of European Sustainability Reporting Standards (ESRS) and while doing so;
  • Strive for ambitious sustainability-related corporate reporting standards based on a double materiality approach, covering corporate value chains and including forward-looking information such as climate targets and transition pathways;
  • Introduce transparency requirements for external data and ratings providers regarding their methodologies, research processes, and data sources; and
  • Support collaboration with the scientific community and the development of accurate, science-based climate-related indicators with a focus on forward-looking metrics.