Matter partners with BNP Paribas Asset Management to launch ‘SDG Fundamentals’ revenue alignment data solution

9 June 2022

BNP Paribas Asset Management (‘BNPP AM’) and Matter, a Danish fintech specialising in sustainability insights, today announced the launch of ‘SDG Fundamentals’, an innovative data solution. This new dataset enables investors to analyse the extent to which company[1] revenues are aligned – or misaligned – with the targets of the 17 United Nations Sustainable Development Goals (‘SDGs’).

Adopted in 2015 at COP 21, the UN SDGs were defined as a universal roadmap for achieving a sustainable and inclusive future by 2030. Since then the asset management industry has made significant progress in developing solutions to help address some of the global challenges articulated by the SDGs, using capital allocation and engagement as levers towards a sustainable future. Prioritising investment in the SDGs has the potential to unlock opportunities for investors worth approximately USD 12 trillion and 380 million jobs a year by 2030[2]. Despite this, a funding gap remains between current investments in companies aligned to the SDGs and what is necessary to meet the 2030 targets set by them.

SDG Fundamentals, the new dataset developed by BNPP AM and Matter, helps bridge this gap. It provides investors with a framework to understand the extent of the alignment of a company’s revenue streams with individual SDGs and targets, as well as across multiple SDGs and targets. SDG Fundamentals is based on a proprietary SDG taxonomy, itself grounded on a strict reading of UNStats[3] SDG metadata, and uses one of the more granular revenue breakdown databases available.

Source: BNP Paribas Asset Management