Crif launches ESG analytics tool for UK banks

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ESG Analytics from CRIF, a provider of consumer and business credit information and a key global player in integrated decisioning solutions, analyzes data from over 130 key indicators sourced in the United Kingdom and the European Union.

The firm says that introducing an innovative data repository and scoring service will enable UK banks to efficiently and promptly evaluate the environmental, social, and governance (ESG) standing of their suppliers, partners, and customer portfolio in the UK and EU.

Currently, the UK has no single ESG law or regulation, with policy consisting of domestic and EU-derived laws and regulations; however, as part of the Edinburgh reforms, the government announced in December 2022 that it would investigate a potential regulatory regime for financial providers.

Read More: Crif releases ESG analytics tool for UK banks

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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