Financial data provider Refinitiv has made its ESG company scores free to view on its website, as reported by ESG Clarity in the UK.
The Refinitiv ESG Company Scores measure a company’s relative ESG performance, commitment and effectiveness across 10 main themes, including emissions, environmental product innovation and human rights.
The scores are derived from Refinitiv’s database of 450+ company-level ESG measures, of which a subset of 186 of the most comparable and material data points power the overall company assessment and scoring process. The underlying measures are based on considerations around comparability, impact, data availability and industry relevance that varies across each industry group.
Leon Saunders Calvert, head of sustainable investing, Lipper and I&A Insights, Refinitiv, said: “The ESG footprint of a company is no longer a niche consideration for investors or indeed wider stakeholders such as employees, regulators, consumers, policy makers, and society at large.
“Improvements will come to the transparency of ESG reporting by companies and the financial community and Refinitiv believes we can play a role in supporting the disclosure process through making our company ESG scores freely available, both promoting open access to information and encouraging further information submission by companies who want to demonstrate their progress on sustainability issues.”
Users can now see the ESG footprint, based on publicly disclosed data, of more than 10,000 companies, online and have access to data through the Refinitiv ESG Voice App. For any company wanting to submit additional information there is a contributor tool to enable a fully comprehensive dataset that encourages disclosure.
The Refinitiv ESG Voice App means users can ask Alexa or Google-enabled smart speakers to read out a company’s ESG score.
In July last year the Refinitiv Lipper Funds ESG Scores were rolled out, covering 19,000 portfolios representing $15.7trn in total net assets. Earlier that year, Refinitiv announced enhancements to its ESG Scoring Methodology to reflect sustainable industry developments and market changes.