November 22, 2022, New York, Paris – Denominator, the leading data provider on Diversity, Equity, & Inclusion (DEI), and Manaos, a fintech subsidiary of BNP Paribas, announce a new partnership to strengthen DEI data availability in the ESG data marketplace.
Manaos is a next-generation investment services platform built to help investors tackle trending challenges. By combining the power of portfolio data management and open-architecture ESG sourcing and ESG reporting, Manaos empowers investors to harmonize and strengthen their portfolio data. Through their platform, investors are connected to a vast offering of leading ESG data and service providers, and we are excited that Denominator has been added as a specialized DEI data provider.
Closing the gap in DEI data
Institutional investors are met with several regulatory requirements such as the Sustainable Finance Disclosure Regulation (SFDR), and while most ESG data disclosures and efforts still focus on the environmental aspect of ESG, the demand for data on the social part of ESG is increasing.
Denominator closes the gap between available and standardized data on the ‘S’ in ESG data. By introducing Denominator’s data to Manaoas’ platform, investors can compare companies across the world with a meaningful and standardized approach to DEI and human capital. Denominator covers the world’s largest listed companies across 15+ dimensions of DEI and the data and analytical insights drive the most comprehensive DEI scoring models on the market.
Why Denominator and Manaos have partnered
Denominator is excited to offer our unique DEI dataset on Manaos’ open servicing platform as it will empower investors and asset managers to make more socially responsible investment decisions.
“The importance of DEI has been acknowledged by the investment community for a long time, but effective access to detailed, standardized, and global data has limited many investment strategies and models to a sole focus on the gender board ratio in certain geographies. The Manaos and Denominator partnership solves this challenge and I cannot wait to see the long-term investment and societal value from a broader and more holistic social approach in ESG”
– Anders Rodenberg, CEO of Denominator
“By extensively addressing social-related criteria, the SFDR reminds market participants of the importance of a balanced approach to E, S, ad G factors. Our ambition to group innovative and complementary ESG providers into a single marketplace naturally led us to Denominator. Leveraging their exclusive approach to DEI (Diversity, Equity, and Inclusion) is a key differentiator for us.”
– Franck Delbes, CEO of Manaos
Denominator provides fact-based data and standards to Diversity, Equity, & Inclusion (DEI) across organizations, industries, and countries to enable a more balanced world for growth and improved human interaction. Denominator covers more than 1.5 million public and private companies, 85+ industries, and 190+ countries on 650+ DEI specific data variables. The data and analytical insights drive the most comprehensive DEI rating models and indexes, creating the global standard for measuring DEI performance.
Manaos® is a fintech company and subsidiary of BNP Paribas. Manaos provide interoperability between institutional investors and their ESG ecosystem to help the industry address the biggest challenges of our century. Their partners range from insurance companies, pensions funds and asset managers, to data providers, tech companies and consultants.
Manaos has selected the world’s most innovative ESG tech companies and data providers for financial services; Denominator is excited to provide solutions to the most pressing ESG issues alongside ESG frontrunners such as Moody’s, S&P, MSCI, and Sustainalytics. The data providers specialize in different areas of ESG, which together provides a holistic coverage of ESG data.