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Finnish Company Upright Launches the First-Ever Open Database on Science-based Impact of Funds

Finnish Company Upright Launches the First-Ever Open Database on Science-based Impact of Funds

  • Transparency Unlocked: Upright launches a database covering over 35,000 funds, offering full transparency on their societal and environmental impacts.
  • Real Impact Over Labels: The database reveals surprising insights, showing that some highly-rated funds perform worse than expected.
  • Empowering Investors: Both retail and professional investors now have access to detailed, comparable data to make informed decisions.

Upright has just launched a groundbreaking open database, the first of its kind, covering the science-based impact of over 35,000 mutual funds and ETFs worldwide. This initiative offers an unprecedented level of transparency into the environmental, health, social, and knowledge impacts of funds, utilizing Upright’s proprietary impact quantification model.

Sustainable investing has a core promise – to direct capital towards companies contributing positively to the world. However, understanding the real impact of fund holdings remains complex, even with existing regulations like SFDR’s Article 8 and 9. As labels and ratings multiply, clarity often diminishes.

Unlike traditional ESG tools that focus on ratings and awards, Upright’s database delivers raw data on what the companies in these funds actually do. “We don’t focus on what awards each fund has won and what labels they qualify for. We double down on what the companies in the funds actually do as their core business and how that impacts the world around them.

Related Article: Apex Group Launches the First Verified ESG Benchmarking Database for the Private Markets

Investors, from professionals to retail, can explore both the positive and negative impacts of specific funds, making comparisons across sectors. Upright’s analysis even reveals surprising trends: 17% of Article 9 funds, which are considered the gold standard of sustainable funds, perform worse in impact than the average Article 8 fund.

Upright’s database equips investors with real data, empowering them to go beyond labels and understand the true impact of their investments. This transparency is key to making more informed decisions about where capital flows and the real-world consequences of those choices.

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