Maples launches ESG fund services solutions

by Matthias Plötz 17 August 2022

Maples Group has launched a dedicated platform for funds focused on ESG and sustainability.

With this new service, the firm intends to assist with data and reporting requirements, independent certification, and distribution.

Data and reporting

Maples has partnered with Trucost, part of S&P Global, to provide assistance with regulatory reporting required under the Sustainable Finance Disclosure Regulation (SFDR) and the Task Force on Climate-Related Financial Disclosures (TCFD)

ESG certification solutions

Additionally, Maples has partnered with K2 Integrity, a compliance and risk advisory firm, allowing its clients access to K2 Integrity’s mechanism to administer independent certification of ESG strategies. The process measures qualitative and quantitative metrics against relevant regulations, hoping to increase transparency while mitigating risks of greenwashing.

“The need to validate and quantify ESG initiatives has never been greater, as investors, regulators and other stakeholders pay closer scrutiny to funds’ activities,” said Andrew Rabinowitz, Co-CEO of K2 Integrity. “We are extremely excited about this partnership with Maples Group to help funds and fund managers certify that they are following through on ESG commitments. It allows us to remain best-in-class in serving our global clientele through all of their needs, by bringing together ESG, regulatory, legal, industry, training and certification expertise.”

ESG platform

Lastly, Maples has launched the Maples ESG Platform, an Irish collective asset management vehicle, which aims to host funds focused on ESG and sustainability. The platform will be regulated by the Central Bank of Ireland as a qualifying investor alternative investment fund.

Managed by MPMF fund management, it hopes to provide end-to-end solutions for SFDR compliance and distribution across Europe for sustainability-focused funds and products. Maples aims to broaden this service offering in Ireland and Luxembourg, with advice on ICAV-related matters such as trusts, partnerships, and contractual funds.

Categories: NewsESGESG policyESG regulationESG updateOutsourcingFund administrationLegal & compliance advisoryReporting & Transparency Reporting softwareTechnologyCompliance softwareReporting software

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