Singlife appoints Matter to review its sustainability portfolio

This will help the insurer understand the sustainability impact of its investments.

Singlife with Aviva has appointed European sustainability data provider Matter to review its sustainability performance.

Matter’s environmental, social, and governance (ESG) platform will help Singlife understand the sustainability impact and performance of its global investments.

According to Singlife, this is a step to not only meet but exceed expectations of regulators and consumers regarding the sustainability of their investments.

“We currently serve a significant proportion of Singapore’s population, so it is natural for us to act as more than an insurer or a financial services provider. We must be a responsible steward of the funds we manage. Gaining more insights into the sustainability profile of our investments is a key part of that stewardship,” Singlife’s Group Chief Investment Officer Kim Rosenkilde said.

Using Matter’s platform, Singlife will be able to monitor key environmental risks to its investments and in future, present more extensive reports to the Monetary Authority of Singapore (MAS) as part of its disclosure requirements. This aligns with Singlife’s commitment to create a positive impact and support Singapore’s commitment towards Net Zero by 2050.

Matter has worked with financial institutions in Singapore since 2020, in part through collaborations with MAS and the Investment Management Association of Singapore. Matter is an official partner of Nasdaq and has provided clients across Asia, Europe and North America with ESG analytics since 2019.

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