Iceberg Data Lab (“IDL”), the independent green fintech providing quality, science-based environmental data solutions for financial institutions, today announces that it has been chosen as the ESG data provider for the central bank of France, Banque De France; leading global insurance and asset management provider Generali Group; as well as French public service additional pension scheme, ERAFP.

Banque de France, Generali Group and ERAFP join IDL’s growing list of clients in the financial services industry, who will benefit from access to the firm’s scientific-led dataset available via its impact calculation platform which provides a range of tailored solutions to support clients’ decision-making processes. For example, clients can use IDL's extensive dataset to assess the environmental impact of their portfolios, inform sustainable investment and risk management strategies, build indexes and funds, develop environmental impact reporting, and more. Last month, IDL expanded its product suite with the launch of “Barbatus”, the world’s first and only ESG AI assistant which provides transparent answers in real-time to questions about the ESG data of portfolio companies.

Banque de France was the first central bank to commit to mitigating its biodiversity impact. It has already begun harnessing IDL’s Corporate Biodiversity Footprint metric to measure the impact of its portfolio dedicated to equity capital and employees' pension commitments on biodiversity loss. ERAFP has already started working with IDL to examine the exposure of its listed asset portfolios to climate change and biodiversity issues. Generali Group is now utilising IDL’s products to guide their investments in favour of the ecological system, harnessing IDL’s proprietary Corporate Biodiversity Footprint and Net Environmental Contribution metrics.

Matthieu Maurin, co-Founder and CEO of Iceberg Data Lab, commented: “We’re honoured to have been selected as the environmental data provider by  a diverse range of leading financial institutions spanning asset management, banking and pensions, which demonstrates the versatility of our offering and the increasing focus on sustainability in the finance sector. Through our quality, transparent and accurate data solutions, we’re dedicated to supporting our clients on their sustainable transition journeys, as well as helping them to avoid greenwashing. We’re excited to learn from our new partnerships with Banque de France, Generali Group and ERAFP, and to help them curb their contributions to nature loss - ultimately preventing nature and biodiversity loss.”