SozialBank will leverage Clarity AI data in their Article 8 funds, ensuring these funds deliver substantial value to investors
Berlin, July 31, 2024 – Clarity AI, the leading global sustainability technology platform, today announces a new collaboration with SozialBank, a bank dedicated to serving organizations in the social, health, and education sectors. This collaboration aims to strengthen Sozialbank’s sustainable finance offerings, reinforcing its commitment to regulatory compliance and impactful investment.
Clarity AI’s data will be utilized in SozialBank’s Article 8 funds, managed under Manco Universal, ensuring these funds are maintained at the highest standards of sustainability and deliver significant value to investors.
“We are excited to collaborate with SozialBank to reinforce their commitment to regulatory compliance and impact investing”, said Andri Stocker, Regional Director for the DACH region at Clarity AI. “Through our collaborative efforts, we aim to provide Sozialbank with the necessary tools to facilitate well-informed, sustainable investment decisions that prioritize the interests of their clients, while also enhancing the efficiency of their regulatory processes”.
By integrating Clarity AI’s comprehensive suite of modules, SozialBank can seamlessly adhere to FNG and BVI standards, enhancing the transparency and accountability of their investment processes. Furthermore, SozialBank was looking for a provider that could help with their regulatory reporting (e.g. Entity PAI statement) and fulfill their stringent definitions of impact measurement along the 17 UN Sustainable Development Goals.
The screening capabilities of Clarity AI’s mandates tool simplify compliance and investment decision processes, ensuring alignment with regulatory requirements. Easy access to regulatory reporting further guarantees seamless compliance. Additionally, Clarity AI’s solutions emphasize impact, aligning with Sozialbank’s mission to support social and environmental responsibility.
“With Clarity AI, we have a strong and dynamic partner who supports us with innovative, AI-based solutions to shape our investment strategies in a sustainable and welfare-oriented manner”, said Ferdinand Gosch, Advisor Sustainable Investment & Strategy at SozialBank. “We are very much looking forward to working together.”
About Clarity AI
Clarity AI is the leading sustainability tech company, leveraging advanced technology and AI to provide data-driven environmental and social insights to investors, corporates, governments, and consumers. AI has been at the core of Clarity AI’s offering from the start, supporting a fully flexible set of data solutions, insights, analytics capabilities, and tools used for portfolio management, corporate research and engagement, benchmarking, regulatory reporting, online banking, and e-commerce.
Within the investment sector, Clarity AI serves a direct network of clients managing over $60 trillion in assets and includes firms like Invesco, Nordea, Lazard Asset Management, and Santander. Our strategic partnerships with financial institutions such as BlackRock, the London Stock Exchange Group (LSEG), BNP Paribas, Caceis, or SimCorp, allow thousands of users to access Clarity AI advanced data analytics capabilities through their usual investment platforms, ensuring a seamless workflow experience. Clarity AI has offices in North America, Europe, and the Middle East. For more information visit www.clarity.ai
About SozialBank
SozialBank is the only bank in Germany that focuses exclusively on institutional clients from the social and healthcare sector. With total assets of EUR 9.7 billion (as at 31.12.2023), it offers all the services of a universal bank to companies and organisations in the fields of elderly care, healthcare, assistance for the disabled, child and youth welfare, education and other social services. Its advisory services combine banking and social economy expertise. More information: www.sozialbank.de
Contact Information:
For any related inquiries, please contact:
Media contact Clarity AI
Aspectus Group
ClarityAI@aspectusgroup.com
Media contact SozialBank
Susanne Bauer, SozialBank, Corporate Communications
presse@sozialbank.de
