UK-based financial technology solutions provider Auquan has launched its Sustainability Agent, the first AI tool designed to automate manual tasks for sustainability teams.
The new Sustainability Agent is designed to simplify workflows and relieve the sustainability teams from time-consuming manual work.
According to the company, sustainability professionals in the finance field often spend hours manually researching performance, analysing data, and compiling reports.
The Sustainability Agent is said to autonomously handle tasks such as company screening, monitoring, and generating framework-aligned reports.
Also, the new solution provides near real-time alerts, allowing teams to prioritise value creation and stakeholder engagement
A top 25 global private markets firm sustainability head said: “Sustainability teams face two critical challenges: accessing and processing reliable data on private companies quickly enough to act and staying ahead of evolving ESG regulations and investor requirements. Auquan bridges these gaps with AI.
“Auquan’s Sustainability Agent turns what was days of manual work into insights and reports that arrive when we need them, enabling various teams to quickly assess risks, engage proactively with portfolio companies, and keep limited partners updated.”
Auquan said that its Sustainability Agent is designed with deep finance domain expertise, and processes information on more than 550,000 private and public companies.
Its superior coverage continuously draws information from more than two million data sources originating across more than 65 languages.
The sources include corporate filings and disclosures, regulatory documents, legal filings, news and media coverage, NGO reports, industry analyses and reports.
Furthermore, the UK-based company said that the Sustainability Agent automatically aligns issues and insights with major sustainability frameworks.
It aligns with the Sustainable Finance Disclosure Regulation, Corporate Sustainability Reporting Directive, Sustainability Accounting Standards Board, UN Global Compact, UN Sustainable Development Goals, and Modern slavery acts.
Auquan CEO Chandini Jain said: “At Auquan, our mission is to liberate financial professionals from soul-sapping manual tasks and bring meaning back to their work.
“With our Sustainability Agent, we’re empowering teams to escape the endless cycle of manual data gathering and report writing so they can focus on the initiatives that reduce risk, improve stakeholder engagement, and create lasting impact.”
