World Bank launched new portal to support sustainability

The new platform will provide country-level sustainability performance information to increase transparency

World bank

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.

This ESG data portal will improve the quality, scope, transparency, and timeliness of publicly available ESG data, and gives investors and others the opportunity to benefit from research and field work experience. GPIF trusts this data portal will improve and enhance the quality of investment decisions of our asset managers
Hiro Mizuno, Executive Managing Director and Chief Investment Officer, Government Pension Investment Fund (GPIF), Japan

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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