Published date: 18 January 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 14 July 2022, 5pm

Contract summary

Industry

  • Data supply services - 72319000

Location of contract

E14 4PU

Value of contract

£165,000 to £220,000

Procurement reference

tender_308794/1168593

Published date

18 January 2023

Closing date

14 July 2022

Closing time

5pm

Contract start date

9 January 2023

Contract end date

8 January 2026

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

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

More information

Previous notice about this procurement

TEN-2223-003 ESG Data Services

  • Opportunity
  • Published 13 June 2022

Award information

Awarded date

9 January 2023

Contract start date

9 January 2023

Contract end date

8 January 2026

Total value of contract

£220,000

This contract was awarded to 1 supplier.

Clarity AI Ltd

Address

PO Box W2 4HZ, 30 Palace Court, Flat A, London, W2 4HZ

Reference

No reference - other

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Address

10 South Colonnade
London
E14 4PU
England

Telephone

+442030563652

Email

procurement@nestcorporation.org.uk

Website

https://www.nestpensions.org.uk