Baader Bank Selects Bloomberg’s Comprehensive ESG Data for SFDR Reporting
Bloomberg’s SFDR data covering 16,000+ companies to support leading German bank’s asset management operations
Bloomberg announced today that Baader Bank AG, a leading investment bank in Germany, has adopted Bloomberg’s ESG data to assist with the bank’s Sustainable Finance Disclosure Regulation (SFDR) reporting. This marks the latest collaboration with Baader Bank building on their use of Bloomberg Terminals, Data License, B-PIPE as well as Bloomberg’s integrated buy-side workflow, execution, automation and analytics solutions. Taken together, these solutions deliver Baader Bank interconnected data for seamless, connected workflows across their enterprise.
As a renowned outsourcing partner of asset management companies for their fund products, Baader Bank is subject to entity-level SFDR reporting requirements. For this type of reporting firms look for high quality and complete data, including the disclosure of Principal Adverse Impact (PAI) indicators, for which many corporations do not provide meaningful information. Bloomberg’s SFDR data solution covers over 16,000 companies globally and has been designed to assist firms like Baader Bank to map company reported ESG data to PAI indicators. Given this breadth of coverage and ease-of-use data fields, Baader Bank adopted Bloomberg’s SFDR data solution to assist with their entity-level reporting.
“Regulatory compliance is a top priority for Baader Bank. When selecting a vendor to contribute to our compliance with SFDR, data consistency and a sterling reputation were crucial factors in our decision to expand our relationship with Bloomberg,” said Jochen Ammer, CFA, Head of Fund Services at Baader Bank AG. “Bloomberg’s intuitive SFDR reporting visualization tool enables us to closely monitor portfolio holdings across accounts and see exposure to aggregated PAIs nearly instantaneously ensuring we can be confident in our reporting.”
“With 40+ years as a leading data provider for financial markets, Bloomberg has unique expertise providing trusted, comprehensive sustainability data specifically designed for investment workflows,” said Nadia Humphreys, Global Head of Sustainable Finance Data Solutions, Bloomberg. “We’re pleased to expand our work with Baader Bank and supply them with SFDR data so they can utilize it as an additional source in conducting due diligence on the sustainability of their assets.”
Bloomberg’s ESG data, research, and analytics span regulatory solutions, carbon emissions, sustainable debt, scores, indices, climate risk, and more. Clients can readily access this data on the Bloomberg Terminal via or across their enterprise via Data License at data.bloomberg.com for use in proprietary or third-party applications. To learn more, please visit our website here.
About Baader Bank AG
Baader Bank is one of the leading European partners for investment and banking services. Trading and banking are combined using a single powerful platform that offers a unique setup and optimum access to the capital market using a secure, automated and scalable approach. As a family-run full-service bank with its headquarters in Unterschleissheim near Munich, Baader Bank AG employs around 550 staff members and operates in Market Making, Capital Markets, Brokerage, Fund Services, Account Services and Research Services.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company
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