The new platform will provide country-level sustainability performance information to increase transparency
World Bank launched new portal to support sustainability. Source: flickr.com
The World Bank launched a free, open online platform that gives clients sovereign-level ecological, social and governance (ESG) information. The Sovereign ESG Data Portal is expected to expand data transparency and protect private sector investments in developing markets and countries as well.
The Sovereign ESG Data Portal includes 17 subjects that provide a reasonable picture of strategy performance and country conditions, given data availability. The system incorporates 67 indicators, covering every of the 17 Sustainable Development Goals. The information is accessible for download for all World Bank (IBRD and IDA) countries.
New indicators – including from geo-spatial and big data sources – on natural capital, human capital, poverty measures, stranded assets and other areas, are set to be developed and added to the portal in the future.
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