ZURICH & LONDON--(BUSINESS WIRE)--RepRisk, a leading provider of business intelligence on environmental, social and governance (ESG) risks, has announced that it will provide dynamic ESG risk data to CDP, an international organization that pioneered a global system for the measurement, disclosure and management of environmental information, and works with investors to tackle the risk in their investment portfolios.
RepRisk will provide ESG data to support CDP’s final review of companies identified as Climate Performance Leaders using the CDP scoring methodology. CDP’s global index is produced at the request of 822 investors and assesses companies’ actions on climate change mitigation and transparency as demonstrated by their CDP response.
RepRisk’s data will add to the current evaluation process by validating company-provided information and clarifying how a company’s policies, commitments and initiatives translate into performance.
“The integration of RepRisk data in 2015 adds an additional level of accountability for companies that CDP identifies as leaders,” said Pedro Faria, Technical Director at CDP. “Our partnership with RepRisk allows us to help companies, investors and policy makers better understand the ESG-related risks that impact their business and their reputation with stakeholders.”
“Awareness of ESG risks continues to grow and indexes such as CDP’s help to spotlight and benchmark company performance,” said Alexandra Mihailescu Cichon, Head of Business Development & Marketing at RepRisk. “RepRisk is committed to providing resources that help business leaders and investors make better, more informed decisions on ESG issues and we are excited to partner with a recognized industry leader like CDP in this effort.”
About RepRisk
RepRisk is a leading business intelligence provider specializing in dynamic environmental, social and governance (ESG) risk analytics and metrics.
On a daily basis, RepRisk systematically screens big data from a broad range of open intelligence sources in 14 languages in order to identify, filter, analyze and quantify ESG risks (such as environmental degradation, human rights abuses and corruption) related to companies, projects, sectors and countries. This external perspective provides valuable insight on whether a company’s policies, processes and commitments are consistently translating into performance.
Since 2006, RepRisk has built and continues to grow the most comprehensive ESG risk database that serves as a due diligence tool and early warning system in risk management, compliance, investment management, corporate benchmarking and supplier risk. The database currently includes risk profiles for over 50,000 public and private companies and 12,000 projects as well as for every sector and country in the world.
Headquartered in Zurich, Switzerland, RepRisk serves clients worldwide including global banks, insurance companies, investment managers, and corporates, helping them to manage and mitigate
ESG and reputational risks in day-to-day business.
RepRisk provides the transparency needed to enable better, more informed decisions. For more information, please visit www.reprisk.com or follow us on Twitter.
About CDP:
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 822 institutional investors with assets of USD 95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please follow us @CDP to find out more.
