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CLARITY-AI

9.7.2024 16:43:32 CEST | Business Wire | Press release

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Clarity AI Named a Leader in ESG Data and Analytics for Investors and Corporates

Clarity AI, the leading sustainability tech company, announced today that it has been recognized as a Leader in The Forrester Wave™: ESG Data and Analytics Providers, Q3 2024. The report designates Leaders, Strong Performers, Contenders, and Challengers, based on 25 criteria to assess their current offering and strategy.

Clarity AI received the highest score in the current offering and strategy categories, and the highest scores possible in 21 criteria.

The report emphasizes the growing demand for comprehensive, accurate, transparent, and comparable ESG and climate data. As a result, ESG data and analytics customers are encouraged to seek providers that “keep expanding the breadth and depth of their ESG and climate data and analytics.”

According to Forrester’s analysis, “Clarity AI distinguishes itself with the breadth, depth, granularity, and quality of its ESG data…” and leads with a “highly modular and scalable platform”.

"Being recognized as a Leader in Forrester’s evaluation proves, for us, our commitment to innovation and excellence in ESG data and analytics in the broadest sense. We believe this recognition not only validates the hard work and dedication of our team but also underscores the trust our customers place in us” said Ángel Agudo, Chief Product Officer and Board Director at Clarity AI.

According to Forrester’s evaluation:

  • It distinguishes itself with the quality of its ESG data. Clarity AI uses AI and machine learning to perform data collection, extraction, and mapping, making it “an excellent fit for customers looking to integrate sustainable impact, and climate metrics, and principal adverse impact (PAIs) into decision-making and reporting.”
  • Clarity AI was an AI pioneer. It was early to adopt machine learning classifiers, natural language processing (NLP), generative pre-trained transformer (GPT), and large language models (LLMs). “It stands out with a customer-centric approach combining sustainability expertise and scientific/evidence-based methodologies with cutting-edge technology.”

Gen-AI capabilities to stay at the forefront of data and analytics

Being recognized as an AI pioneer is not just the result of early adoption. Clarity AI is constantly working to improve its technology and adapt to the demands of its clients.

In early 2024, Clarity AI introduced new AI capabilities designed for financial market participants to effectively integrate sustainability data into their investment processes. Through conversational intelligence powered by generative AI models, investors can interact with complex datasets, increase their understanding and trust in the data, and easily extract insights. These new tools also reduce additional manual work by automatically populating disclosure reports, shifting the time spent on regulatory compliance towards more strategic investment analysis and decision-making.

“Our goal is to equip business leaders with the right data and tools to augment the impact and effectiveness of their decisions and set a new standard for efficiency in the industry. We believe Forrester’s evaluation reinforces our position as a pioneer in the industry, and we plan to continue pushing the boundaries of what’s possible in ESG data and analytics, through new products built on a unique combination of tech and sustainable finance expertise", added Agudo.

To view Forrester’s full report, see here.

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. Additionally, our partnerships with platforms like Diligent, boasting one million users, or Klarna, currently reaching over 150 million online buyers, benefit corporates and consumers alike. Clarity AI has offices in North America, Europe, and the Middle East. For more information visit www.clarity.ai

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