Environmental, Social and Corporate Governance Data Now Available through Strategic Alliance with RepRisk
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, has announced that its Managed Solutions business has contracted with RepRisk AG, the leading provider of Environmental, Social and Governance (ESG) business intelligence, to expand the content available via PrimeTerminal Professional. PrimeTerminal is Interactive Data’s flexible real-time financial market data terminal which supports financial advisors and wealth managers and is used by numerous major European private and retail banks.
RepRisk’s quantitative reputational risk indicators for individual companies and sectors, including current and historical data for the past two years, are now available via PrimeTerminal. This information can be displayed in comprehensive overviews, which can be opened by context-sensitive navigation from a stock quote.
Users will also be able to access ESG positions and views published by a wide range of sources, including global, regional and local media, NGOs, government agencies, community groups, academics, think-tanks and social media. This enables financial professionals to better track the environmental, social, governance, and reputational risk exposure of companies worldwide and facilitate assessment of ESG information when recommending portfolio constituents for their clients, whilst supporting compliance to the UN Principles for Responsible Investment (UNPRi) and any ethical internal policies.
“Investors are increasingly sensitive regarding the reputation of companies within their portfolios in terms of their environmental and social responsibility”, says Dr Matthias Paul, Global Managing Director, Interactive Data Managed Solutions. “By adding RepRisk information to our data range, we support our customers, such as Swiss Bank Sarasin, who focus on sustainability in their private banking investments. Advisors are now able to more effectively and consistently monitor ESG and related reputational risk issues for their clients to help them adjust their decision-making processes accordingly.”
“Interactive Data has taken an important step in providing its users with powerful tools that can be used to identify and monitor environmental, social and governance risks that could potentially lead to outcry from stakeholders, cause reputational damage, and have negative financial impacts”, says Dr Philipp Aeby, RepRisk CEO. “The incorporation of RepRisk business intelligence will help keep clients abreast of ESG issues. Since the information available from RepRisk may significantly differ from the information and views published by the companies in question, critical balance and perspective is added to the ESG risk assessment process, which will help them to make better informed decisions related to their investments and business relationships. ”
PrimeTerminal will offer users the flexibility to directly access the RepRisk content and tailor it to meet their individual application, needs and interest areas. Users will have the ability to integrate the current RepRisk company indicator content with any watch list or portfolio view, sort by RepRisk indicator, and compare Rep Risk proprietary ESG risk scores across peer groups. This may be used, for example, to identify a company with low reputational risk exposure in a specific sector. Additionally, full reports can be obtained on individual companies, which contain the information collected and analyzed by RepRisk over the course of the past five years.