Provision of ESG Data

This contract is for the provision of ESG (Environmental, Social & Governance) data, across a 3-year contract duration (with a 12 month optional extension), to support Nest in its responsible investment activities and reporting.

Nest requires ESG data for four main purposes:

1. to assess and ensure that our funds are adhering to our responsible investment standards and highlight companies that are failing to meet those standards so Nest can better focus its engagement efforts.

2. To ensure our funds are meeting our responsible investment standards, the data must be able to highlight holdings in controversial industries and activities, as well as provide data at a portfolio and company level of performance in key ESG areas.

3. To highlight companies that fail to meet Nest's standards and with which Nest may want to engage with, data must use the most up to date information.

4. To ensure where our additional investment fund choices have specific policies in relation to values and ethics, we can monitor fund manager performance and update our policy from time-to-time