Next Steps and Expectations Post-Data Submission to EDCI via KEY ESG
As of April, your data for the previous reporting period has been successfully submitted to EDCI through the KEY ESG API. This submission marks the beginning of EDCI's review process, conducted by BCG Expand, which will extend through the upcoming months.
Below we share next steps on what to expect, based on our best understanding of the EDCI BCG Expand team’s information. In all circumstances, any information you receive from them directly will be most relevant and up to date.
Immediate Next Steps
EDCI Review Period (May – August)
EDCI BCG Expand will conduct data reviews independently of KEY ESG to ensure high-quality data is supplied to their benchmark. Should they have any inquiries regarding calculation methodologies or specific figures, these questions will be directed to you as the primary data owner.
Any queries directly related to KEY ESG’s methodology can be forwarded to support@keyesg.com. If required, a dedicated session to clarify methodologies may be arranged.
Feedback and Final Adjustments
If feedback from EDCI BCG Expand results in significant changes to your reporting, you may contact your KEY ESG support representative to agree on a date for one final resubmission.
Please note that, in line with EDCI’s terms and conditions, KEY ESG cannot grant direct access to the benchmarks. However, we remain committed to supporting you throughout the year to help prepare and refine your data submissions.
Support Models for EDCI Submissions via KEY ESG
To support users during and after submission to EDCI, KEY ESG offers two possible approaches, depending on the level of support required.
Approach 1: API & Support
Under this approach, users continue to use the KEY ESG API while benefiting from hands-on support:
Data is uploaded to the KEY ESG platform via the API
KEY ESG validates the data and returns a consolidated overview of errors, along with recommendations for edits
Where required fields are missing, KEY ESG liaises directly with the company to obtain the information and completes the submission on your behalf
Please reach out to your account manager to find out more about costs associated with this option.
This option is best suited for organisations seeking additional assurance and operational support during the EDCI review process.
Approach 2: Self-Serve API Only
This approach is fully self-managed by the user:
The user (FM) selects the companies in scope for EDCI
Data is submitted directly to EDCI via the KEY ESG API
Validation errors are shown directly to the user
All data corrections and resubmissions are handled without intervention from KEY ESG
To participate in the EDCI KEY ESG ApI your fund needs to be a registered member of the EDCI initiative. If you have any questions about this, please reach out to your account manager.
This option is suitable for teams that prefer full ownership of the submission process and have internal capacity to manage validation and resubmissions.
For further information about EDCI, please see links to their website and newsletter.