UK-based startup, Compass Insights, introduces an Environmental, Social, and Governance (ESG) platform
In the rapidly growing field of Environmental, Social, and Governance (ESG) data management and analysis, a UK start-up named Compass Insights has emerged, aiming to make a significant impact. However, a search for specific information about Compass Insights and its software offering has yet to yield results, with top results mentioning other ESG-related software and platforms from companies like EY, Wolters Kluwer, and Karomia.
Despite this, there are indications that Compass Insights is poised to address challenges in ESG data management, such as bottlenecks and limited transparency in stewardship outcomes. The platform, designed by Gustave Loriot-Boserup, a former responsible investment manager at London CIV, and his brother Gaspard Loriot-Boserup, is being developed to centralise ESG data management and analysis.
The software is expected to offer scalable tools for fund monitoring, stewardship, and reporting, with AI-powered capabilities enhancing its automation of ESG analysis and decision-making. This is a new development not previously mentioned about Compass Insights. The platform could help asset owners track how closely their stewardship practices align with those of their managers.
Compass Insights aims to streamline fund monitoring, stewardship, and reporting for asset owners, eliminating silos between different data sources and standardising reporting procedures. The tool is also intended to monitor breaches, a crucial feature in ensuring compliance with ESG standards.
The company has received backing from notable investors such as Engine, Sustainable Ventures, Imperial Enterprise Lab, and the Microsoft for Startups Founders Hub. This support, along with recognition by Fintech Global as one of the most innovative ESG tech firms, indicates a strong foundation for Compass Insights.
Currently, Compass Insights is running a pilot with one of the UK's largest Local Government Pension Scheme (LGPS) funds. As the platform continues to develop and gain traction, it promises to be a valuable addition to the ESG data management landscape.
While the search for specific information about Compass Insights and its software offering has been met with limited results, the emergence of this new start-up is an exciting development in the ESG sector. For those interested in learning more about leading ESG software tools or companies, further details can be provided.
Science and technology could play significant roles in Compass Insights' platform, as AI-powered capabilities are anticipated to automate ESG analysis and decision-making. Business and finance could also intertwine, with the start-up receiving support from various investors and being recognized as one of the most innovative ESG tech firms by Fintech Global.