Environmental Finance featured Auquan’s newly-announced AI Agent for Sustainability, a cutting-edge tool designed to revolutionize how sustainability teams do research and reporting. By automating data collection, processing, and report generation, this AI-driven solution reduces the time required for reporting from hours to minutes. This helps financial institutions efficiently comply with frameworks such as the EU Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR).

Revolutionizing sustainability reporting

Auquan’s AI Sustainability Agent simplifies the task of processing vast amounts of ESG data of regulatory frameworks such as CSRD and SFDR, acting as “a co-pilot or assistant” to financial professionals.

CEO Chandini Jain explained its impact: “It’s liberating you from mundane work to free your attention for more important things. Things that used to take 10 or 15 hours now take five minutes.”

Auquan’s Sustainability Agent is already in use by leading financial institutions, including MetLife, UBS, and Capital Group, demonstrating its effectiveness in streamlining compliance and ESG analysis.

Automating ESG data collection

The AI Sustainability Agent processes sustainability data for over 550,000 private and public companies, with the ability to add new private company coverage within an hour. Jain emphasized its role in providing deeper insights, stating:

“Instead of telling you: ‘These are all the interesting items you need to know,’ it now adds more context such as what your next best action might be, just like an analyst would.”

Beyond regulatory compliance, the AI tool can also:

• Automatically generate sustainability memos for due diligence.
• Alert investors to portfolio risks with real-time ESG insights.
• Integrate seamlessly with internal databases to match an organization’s workflow.

Read the full article in Environmental Finance here.