Experian UK&I and Imperia Analytics today announce a new collaboration which will provide businesses and organisations with comprehensive social impact data to enhance their Environmental, Social and Governance (ESG) commitments.
By leveraging data from the globally recognised Social Progress Index™ (SPI) within Experian UK&I’s ESG Insight product, businesses in the financial services sector can gain an enriched, accurate, and holistic view of social progress and outcome data, helping them to develop their ESG profiles.
Businesses are increasingly aware of the importance of reporting accurately their impact on people and society, and committing to improving social outcomes through their activities but have encountered difficulty in doing so due to a lack of comparable and standardised data.
Introducing the English Social Progress Index
Developed by Impera Analytics, the English SPI curates more than 50 datasets at a Local Authority level, including data on educational outcomes, health outcomes, environmental issues, and inclusion, into a single usable score out of 100.
This solution pulls together data from multiple sources used by public bodies providing organisations with the tools to report, analyse, and act on social progress in areas where they operate and have stakeholders, suppliers, or customers.
Experian’s UK&I’s ESG Insight tool already gives lenders a clear and accurate view of the financed emissions and sustainability risks hidden in a portfolio. It provides numerous sustainability and emissions attributes for more than five million SMEs, backed by Experian’s trusted business information data.
The Impera Analytics dataset will complement these findings, breaking down the results into each English Local Authority area and providing even more granular insight into a company’s social impact.
Pye Nyunt, CEO of Impera Analytics, said: “Financial inclusion is a cornerstone of social progress. By partnering with Experian to provide more enhanced social outcome data to the financial services sector, we’re supporting businesses to measure their social impact and, in turn, develop products and services that are inclusive and accessible to a wide spectrum of society.”
Scott Harrison, Director Market Engagement, Business Information, Experian UK&I, said: “There is increasing demand from financial services to have a real, granular understanding of the societal impact of the funding they provide to businesses within their portfolio.
“By working with Impera to enhance our ESG solution, we can deliver the insights needed for businesses so they can quantify progress towards achieving their sustainability goals.”
For more information visit: https://www.experian.co.uk/business-products/esg-insight.
About Impera Analytics
Impera Analytics is a leading provider of data-driven solutions designed to advance social progress and works closely with its global partner, the Social Progress Imperative. Leveraging the globally recognised Social Progress Index™ , the organisation delivers actionable insights that help address community needs.
By working with local authorities, businesses, and financial services, Impera Analytics empowers decision-makers to promote financial inclusion, enhance ESG strategies, and create equitable opportunities. Its innovative approach combines data storytelling with cutting-edge analytics to bridge the gap between data and real-world impact.
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries.
Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.
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