ACA Group (ACA), a governance, risk, and compliance (GRC) solutions provider for the financial services industry, has unveiled the next generation of ACA Vantage for ESG, its advanced platform for ESG data management and risk monitoring. The enhanced solution aims to address the growing complexities of ESG operations, offering firms streamlined tools for data collection, monitoring, and reporting in an increasingly fragmented regulatory and investment landscape.
The platform’s launch comes as global regulatory bodies like the US Securities and Exchange Commission (SEC) and Financial Conduct Authority (FCA) implement stringent climate disclosure requirements. With investor demand for transparency on the rise, ACA Vantage for ESG is designed to empower financial firms to verify ESG data, align with standards such as the Partnership for Carbon Accounting Financials (PCAF), and mitigate risks such as greenwashing.
ACA Vantage for ESG supports over 150 financial services firms managing more than $500 billion in assets across the US, UK, Canada, and Europe. With over 1,100 users leveraging its capabilities, the platform facilitates the analysis of 10 million+ data points across 600+ ESG metrics, delivering reliable insights for decision-making.
Driven by user feedback, the new enhancements specifically address alternative investment strategies such as private equity, private credit, and securitized assets. This upgrade enables firms to efficiently handle the increasing volume of ESG-related requests from investors while meeting evolving regulatory demands.
The latest version of ACA Vantage for ESG introduces a suite of cutting-edge features tailored to financial firms’ unique needs including customisable ESG frameworks, advanced data integration, centralised reporting tools, enhanced survey and monitoring tools, verified ESG Data, and Carbon Wayfinder, a tool for calculating and visualising carbon footprints.
“We saw a clear gap in the ESG data space where platforms could collect data but fell short of extracting and managing it efficiently,” said Dan Mistler, partner at ACA Group. “That’s why we built this solution, which brings together multiple ESG data approaches and leverages AI to distill meaningful insights. Clients are supported by the expertise of our team, which combines cutting-edge technology and human expertise to empower clients with the tools they need to achieve transparency and regulatory compliance in sustainable finance.”
