In brief: BlackRock’s eFront rolls out ESG data product

ESG Outreach is an extension of the existing eFront Insight product.

BlackRock subsidiary eFront has formally launched its ESG Outreach product in concert with a group of limited partners and fund of funds managers, following its soft launch in June last year. It is an extension of its existing private markets data product eFront Insight.

Says the company: “The ESG Outreach solution, launched in June 2021, [establishes] a robust reporting framework, including a set of universally relevant questions that align with existing reporting initiatives. It also helps to facilitate compliance with the Task Force on Climate-Related Financial Disclosures (TCFD) and Sustainable Finance Disclosure Regulation (SFDR) disclosure regimes. Companies that have aligned to an existing framework can choose to use ESG Outreach as a scalable data aggregation solution.”

It is currently available for priate equity and private credit. It will be rolled out to real estate next.