GIST, which offers impact data and analytics, has received a strategic investment from global wealth management firm FNZ.
Alongside supporting the growth of GIST, FNZ will help the FinTech company build upon the existing collaboration between the pair.
As part of this, GIST’s sustainability data will be integrated into FNZ Impact, a sustainable investment solution. This integration will supply investors with accessible and transparent sustainability data.
FNZ Impact supports over 650 of the world’s leading financial institutions and 8,000 wealth management firms in 21 countries. It helps financial institutions provide their clients with hyper-personalized, transparent information around the environmental and social impacts of investment portfolios. It also offers them the capability to optimise their portfolios on their own goals.
GIST leverages a science-based approach to measure and value corporate impacts in monetary terms based on the ‘Four Capital’s framework – natural capital, human capital, social capital and produced capital.
Dr Vian Sharif, Head of Sustainability at FNZ, said: “The imperative for robust, science-based impact data has never been stronger, particularly ahead of a number of global regulatory changes, which require investment firms and advisers to incorporate clients’ ESG preferences into their suitability assessments.
“The allocation of capital is critical to driving the change required to transition to net-zero and building a more sustainable economy and society. By democratising information on the impact of portfolios, FNZ Impact empowers investors, their advisers and wealth managers to contribute to a sustainable future for the next generation through their investment decisions.”
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