Banks-must-define-ESG-risk-first
27 Apr 26

Banks cannot industrialise sustainability risk handling before they define it

Banks cannot industrialise sustainability risk handling before they define it The EBA requirement is real, and it goes far beyond climate risk The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded […]
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EBA-regulation-ESG-risk-integration-credit
22 Apr 26

What the EBA actually requires from banks in sustainability risk integration

BANKS – What the EBA actually requires in sustainability risk integration Why this is a prudential issue, not an ESG reporting exercise The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded […]
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Failed-ESG-risk-questionaires-and-process-for-banks
19 Apr 26

Why most bank questionnaires on sustainability fail

Why most bank questionnaires on sustainability fail Collecting debtor information without a materiality framework creates noise, not risk insight The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded in 2021. Many […]
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SustainAX_Choose_pill_decision-ready-ESGriskData_or_CheapCORPORATEdata_v2
29 Jan 26

What is decision-ready ESG data for risk integration?

What is decision-ready ESG data for risk integration? ESG risk integration is no longer a matter of preference or positioning. In the EU, it is a regulatory requirement tied directly to fiduciary duty, risk management, and capital allocation. For asset managers, SFDR requires sustainability risks to be integrated into investment decision-making processes across all asset […]
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27 Aug 25

Since the SFDR Wake-Up Call from Norway’s Financial Regulator

Since the SFDR Wake-Up Call from Norway’s Financial Regulator In October last year, Norway’s Financial Supervisory Authority (Finanstilsynet) reported that 54 per cent of the 87 asset managers and financial advisers it reviewed over the year failed to meet the standards set by the Sustainable Finance Disclosure Regulation (SFDR). What has happened since? A further […]
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ESG-risk-mitigation-strategies-have-more-impact-then-impact-strategies
05 May 24

ESG BACK TO REALITY #1 – ESG risk mitigation strategies have more impact than impact investing

ESG BACK TO REALITY #1 – ESG risk mitigation strategies have more impact than impact investing Corporates will only move when expected risk adjusted returns are under threat or can improve Impact investing, here assimilated to Sustainable Investments as per SFDR 2(17), and ESG risk mitigation strategies can contribute to the same environmental and social […]
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ESG-risk-ratings-cannot-be-used-alone
04 Apr 24

ESG risk is like any other risk and cannot be understood only with an ESG risk rating

ESG risk is like any other risk and cannot be understood only with an ESG risk rating Co-authored by Alexander Miller, CIO at Odin Forvaltning and Dag A.D. Messelt, Senior ESG risk analyst and co-founder at sustainAX. Today, there is far too much focus on the ESG risk ratings themselves among investors, but also in […]
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sustainAX - ICMA Code of Conduct for ESG Rating and Data Providers 2023
22 Jan 24

sustainAX signs up for the ICMA Code of Conduct for ESG Ratings Product Providers

22 July 2024 – UPDATE Statement of Application We have been working with this since our committment to follow the ICMA code of conduct on 22 January 2024 as the first signatory. Hereunder is a summary of our status, the detailed information is available in our ESG research and ESG rating policy (link below). Principle […]
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Certified-ESG-Analysts-update-Nordics-number-4
24 Aug 23

Nordic Certified ESG* Analysts #4 –Danske Bank still in Pole Position in front of Nordea, Ålandsbanken in a strong third position and Norway still lagging!

Nordic Certified ESG* Analysts #4 – Danske Bank still in Pole Position in front of a strengthening Nordea, Ålandsbanken in a strong third position and Norway still lagging! Lacking real ESG analyst competence is an important problem the finance industry is facing in an environment being harder regulated and where expectations from the asset owners […]
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28 Mar 23

To keep your clients, you should urgently target 100% ESG research coverage of your portfolios

To keep your clients, you should urgently target 100% ESG research coverage of your portfolios Most investors have a tail of holdings in their portfolios lacking ESG research or ESG risk scores. Depending on the asset class, this may represent up to 50% in the Nordics, but also a significant proportion in certain asset classes […]
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