Broadridge announces enhancements to its Fi360 Fiduciary Focus Toolkit for financial advisors to meet environmental, social and governance (ESG) demands.
The platform will enable clients to leverage ESG assessment data from OWL Analytics when evaluating investment decisions.
This enhancement allows advisors to use ESG scoring as a standalone screening criterion or in combination with other metrics such as return, alpha and Fi360 Fiduciary Score, so they can search for funds based on financial merit first and monitor, then overlay ESG screening.
Investments are scored on holistic ESG factors as well as individual environmental, social and governance levels, allowing advisors to perform analysis based on what is important to their clients or retirement plans .
John Faustino, Head of Trustee Certification and Training Solutions at Broadridge, commented:
“It is a natural evolution of the Fiduciary Focus Toolkit, helping advisors identify ESG exposures in line with sound fiduciary due diligence.”
The Fiduciary Focus Toolkit is a web-based software solution that provides analysis, management and reporting capabilities for investment managers and enables advisors to conduct a deliberate investment process.
