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Bloomberg Survey Reveals ESG Data Coverage and Management as Top Challenges for Firms in Europe

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3 years ago

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41% of respondents cite constantly evolving and new ESG data as their top data management challenge

LONDON, March 5, 2024 /PRNewswire/ — As the volume of ESG data continues to rise, firms are grappling with the best way to manage this information, according to a new Bloomberg survey of approximately 200 financial market participants based in Europe. The survey, taken by respondents from London, Stockholm, Geneva, Amsterdam, Frankfurt, Paris, and Milan throughout 2023, posed questions about ESG data prioritization, challenges, and data management practices.

Respondents reported that fulfilling regulatory requirements was the highest priority (35%) for accessing ESG data, followed by meeting climate risk and net zero objectives (18%). Potentially inhibiting these priorities are coverage and quality issues with company-reported ESG data, which unsurprisingly was cited by 63% of respondents as their biggest concern. With the entry into force of the Corporate Sustainability Reporting Directive (CSRD) in the EU, the quantity and quality of company-reported ESG data is expected to increase over the coming years. However, with this increased availability, the need for seamless integration and management of this data will become more pressing, or risk slowing investment decisions.

According to the survey, the leading ESG data management challenge was handling constantly evolving and new data content (41%). Linking ESG data content to existing entity and instrument data was the next biggest challenge (25%), followed by meeting reporting requirements (18%), and managing multiple ESG vendor feeds (16%). While ESG data coverage gaps are problematic, onboarding new ESG data can be a time and resource intensive process that firms may not have the bandwidth to do more than once or twice a year.

In the face of these challenges, firms are still deciding on how to best manage growing volumes of ESG data. Approximately a third (38%) managed their ESG data centrally with a proprietary solution, another third (32%) said it’s managed individually by each business unit, 10% outsourced to a third-party vendor, and 20% were still considering their data management strategy.

“While quality and comparability remain a global challenge, data management is coming into sharp focus for firms in Europe. If firms cannot organize their ESG data, they cannot effectively make decisions using that information,” said Nadia Humphreys, Head of Sustainable Finance Data Solutions at Bloomberg. “To help firms derive more insights from their data faster, Bloomberg’s sustainability data is modelled and linked to Bloomberg’s industry leading corporate structure, security master, and other foundational data for ease of use. Moreover, Bloomberg provides a fully managed service with Data License Plus (DL+) ESG Manager so customers can focus on making investment decisions rather than data wrangling.”

Bloomberg’s ESG data, research, and analytics span regulatory compliance, carbon emissions, sustainable debt, scores, indices, climate risk, and more. Clients can readily access this data on the Bloomberg Terminal via {ESGD <GO>} or across their enterprise via Data License at data.bloomberg.com for use in proprietary or third-party applications. Through Data License Plus (DL+) ESG Manager, Bloomberg connects customers’ ESG data workflows to the full power of Bloomberg’s datasets as well as data from vendor partners, so clients can unlock maximum value with ease. To learn more, visit our website here.

To view the full results of the survey, please click here.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg

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Linker Vision Announces ESG Agent to Help Cities Plan More Sustainable Urban Environments

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47 minutes ago

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October 19, 2026

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BERLIN, Oct. 19, 2026 /PRNewswire/ — Linker Vision announced a new ESG AI agent designed to help urban planners evaluate sustainability initiatives and make more informed decisions. By combining environmental predictions with AI reasoning, the agent assesses urban heat and shade coverage to guide tree planting and greenery management, supporting cities’ climate adaptation goals. 

Turning sustainability goals into practical decisions

Linker Vision is working with MVRDV, the Dutch architecture and urban design firm, to explore how AI can help cities assess potential interventions before making changes in the real world. MVRDV contributed scientific data, shaped the evaluation criteria the agent uses to assess planning options, and tested the ESG agent during development.

An initial application focuses on urban forests. Linker Vision is collaborating with MVRDV on a digital twin that supports predictions of urban heat island effects and shade coverage. In the pilot, the agent identifies heat hotspots, selects suitable tree species and simulates the results, projecting that shade coverage could rise from 15.7% to more than 50% within 15 years.

Building on this pilot, the approach allows a shared digital twin to support multiple planning needs, including climate adaptation and disaster resilience. Urban forest planning is available today, and going forward, the city digital twin is designed to serve as a common foundation that government agencies can build on for additional applications, such as analyzing pedestrian flows and preparing venues for major sporting events.

How it works

The workflow combines a digital twin built using 3D Gaussian Splatting with NVIDIA accelerated computing and AI technologies. NVIDIA Omniverse libraries and OpenUSD have been implemented to unify city, tree and environmental data into a single scene, while NVIDIA Nemotron reasoning models let users run planting scenarios and optimize shade through natural language. NVIDIA Metropolis Blueprint for video search and summarization (VSS) and Cosmos open world foundation model help interpret video and understand real-world conditions.

In practice, a planner asks the agent where new trees would best reduce street-level heat. The agent tests planting options and simulates shade and temperature over a 15-year timespan in minutes, and planners review the recommended plan before an urban heat hotspot project moves forward.

Designing for future generations

“Every decision about a city shapes how future generations will live,” said Paul Shieh, founder and CEO of Linker Vision. “By connecting real-world understanding with simulation and AI reasoning, we want to help cities explore what is possible and make better choices for people and the planet.”

View original content:https://www.prnewswire.co.uk/news-releases/linker-vision-announces-esg-agent-to-help-cities-plan-more-sustainable-urban-environments-302911111.html

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Global Startup EXPO and Nippon Startup Awards 2026: METI Showcases Japan’s Deep-tech Results

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48 minutes ago

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October 19, 2026

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– GSE2026 Connects Global Venture Capitalists with Japanese Startups; Nippon Startup Awards 2026 Honors Startups Turning Innovation into Industry –

TOKYO, Oct. 19, 2026 /PRNewswire/ — From September to October 2026, the Ministry of Economy, Trade and Industry (hereinafter “METI”) held the Global Startup EXPO 2026 (hereinafter “GSE2026”) and the Nippon Startup Awards 2026, highlighting the strength and growth of Japan’s startup ecosystem. GSE2026 brought together top-tier investors, visionary startups, corporations, and key ecosystem participants from Japan and around the globe. Separately, the Nippon Startup Awards 2026 recognized remarkable innovations demonstrating Japan’s growing capacity to transform breakthrough deep-tech into real-world industrial solutions.

Expo and Awards Logos:
https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202610137787/_prw_PI1fl_JPI1sgRq.png 

Global Startup EXPO 2026 Recap

In Session: https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202610137787/_prw_PI2fl_AyG90Gzn.png 

Held in Osaka from October 5 to 7, GSE2026 welcomed more than 10,000 visitors and featured over 50 conference sessions. The event served as a premier global hub, generating vital business matchmaking sessions and creating unparalleled opportunities for global investors and Japanese startups to explore strategic investments and collaborations. A major highlight of the event was the participation of prominent industry figures, including Ben Horowitz, co-founder of Andreessen Horowitz (a16z), and Andy Rubin, co-founder of Android. Their presence underscored the increasing global interest in Japan’s dynamic tech ecosystem. Building upon this remarkable success, METI is pleased to announce that the Global Startup EXPO is planned to be held again next year.

Nippon Startup Awards 2026 Overview

Group Photo: https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202610137787/_prw_PI3fl_MNvb1svB.jpg 

In a separate initiative, the 2026 Nippon Startup Awards celebrated exceptional entrepreneurial achievements, recognizing 10 outstanding companies for their innovation and impact. This press release proudly highlights two exceptional winners whose pioneering technologies are actively addressing major industrial and societal challenges both in Japan and internationally.

– Mujin (Prime Minister’s Award): Mujin was recognized for becoming the first company to globally commercialize complex motion-planning technology, an ambitious feat considered practically impossible for 50 years. By successfully developing its proprietary MujinMI technology, the company enables the automation of complex logistics and manufacturing operations. This advancement offers a highly effective solution to pressing global labor shortages.

– Regional Fish (Minister of Economy, Trade and Industry Award): Regional Fish was recognized for its pioneering use of genome-editing technology in aquaculture. Through its innovative approach, the company has shortened aquatic breeding cycles from approximately 30 years to just two or three years. This advancement contributes significantly to sustainable solutions for global food challenges and the revitalization of regional fisheries.

Further Information

To explore comprehensive insights from the recent global summit, please access the following link:
https://global-startup-expo.com/en/?utm_source=prwire&utm_medium=referral&utm_campaign=20260914&utm_content=en_url＿

For the full list of recognized companies, please visit: https://www.meti.go.jp/english/press/2026/09/20260925002.html 

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SOURCE Ministry of Economy, Trade and Industry (METI)

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PingPong continues international growth, expands into Iberia through strategic partnership with Getnet

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48 minutes ago

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October 19, 2026

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LONDON and MADRID, Oct. 19, 2026 /PRNewswire/ — PingPong , the intelligent payments infrastructure for global growth, today announces a strategic partnership with Getnet, the leading AI-payments company, part of Santander Group, to expand access to its financial infrastructure across Iberia.

The collaboration brings together two established payments businesses to deliver a stronger payment capability in the region and a simple, streamlined solution for global businesses looking to expand operations in Iberia.

Aaron Xu, General Manager, Europe and Americas at PingPong , said: “Iberia is one of Europe’s most valuable commerce markets, and the 750,000+ businesses in our network want to operate there on payment infrastructure they already trust. Our move into Iberia is the latest step in an ongoing global expansion, driven by rising customer demand and sustained investment in our international growth.”

Fabrice Mendez, Global Head of Partnerships at Getnet , said: “This partnership represents another important milestone in Getnet’s strategy to expand our open-market business across Europe while strengthening the connections between Iberia and one of the world’s fastest-growing commerce ecosystems. By combining PingPong’s strong presence across Asia with Getnet’s leadership in Europe and Latin America, we are creating new opportunities for international merchants to grow with a seamless and trusted payment experience.”

About PingPong

Founded in 2015, PingPong is a global cross-border B2B payments platform supporting over 750,000 businesses across more than 200 countries. The company annually processes over $300bn and holds 80+ financial licences worldwide. PingPong operates from 44 offices across 18 countries.

For more information, visit www.pingpongx.com.

About Santander Getnet

In 2025, Getnet processed over €238 billion across 10.5 billion transactions, serving 1.2 million clients. The company ranks as the largest acquirer in Latin America by purchase volume, and among the top 10 globally. Getnet operates across Brazil (as an e-commerce leader), Mexico, Chile, Argentina, Uruguay, Spain, and Portugal.

View original content:https://www.prnewswire.co.uk/news-releases/pingpong-continues-international-growth-expands-into-iberia-through-strategic-partnership-with-getnet-302911506.html

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