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Industry-first” tech solution to cut ESG reporting times by up to 6000 hours

The system leverages four tools: GL Report, which generates sustainability reports aligned with global frameworks like SFDR, TCFD, and the EU Taxonomy; GL Chat, an AI chatbot that analyses ESG data from reports and PDFs; Controversy Alerts, which flag ESG controversies across portfolio holdings using AI-generated scores; and Greenwashing Analytics, which cross-references corporate targets and communications against emissions data to assess greenwashing risks.

For large financial institutions producing 500 or more sustainability reports annually, GaiaLens estimates the bespoke solution could save over 6000 working hours by reducing manual reporting time by 12 hours per report.

GaiaLens COO and co-founder, Seb Kirk, commented: “In the current climate, asset managers and analysts shouldn’t settle for an off-the-shelf solution. We’re challenging the ‘one size fits all’ approach by putting the user at the forefront of our reporting solutions, and it’s already translating into tangible results for users. Our Bespoke Solution saves analysts up to 12 hours per report on average. When you consider that larger financial institutions can have upwards of 500 investments in different companies or funds, this translates to thousands of hours saved a year, saving time that can be spent on more strategic work”, Kirk adds.

Source: Fund Europe

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