Insurance group Manulife’s wealth management arm has partnered with Singapore-based ESG fintech STACS to monitor the underlying quality of its sustainable investments.
Manulife will leverage STACS’ ESGpedia to monitor its investments in sustainability-labelled bonds through visibility of the underlying certifications on both the asset and portfolio level.
STACS’ ESGpedia platform includes features for portfolio monitoring, data access and consent management, as well as access to ESG certifications and data from various sectors and verified sources.
The platform also powers the Greenprint ESG Registry, one of four pilot projects under the Monetary Authority of Singapore’s Project Greenprint.
“STACS ESGpedia portfolio monitoring tool is intended to allow us to see greater asset level details, such as the green certifications of the buildings financed by green bonds. This would support our ongoing due diligence and monitoring of investee companies,”
said Eric Nietsch, Head of Sustainable Investing, Asia at Manulife Investment Management.
“At STACS, we aim to bring forward the future of ESG finance via holistic data and digital tools on ESGpedia. We are excited to be working with Manulife Investment Management to enhance effective investment monitoring of its sustainability-labelled bonds and streamline the existing process digitally,”
said Benjamin Soh, Co-Founder and Managing Director at STACS.
