ZURICH--(BUSINESS WIRE)--RepRisk, the leading provider of dynamic business intelligence on environmental, social, and governance (ESG) risks, has released its Benchmarking Report on the DAX companies, which illustrates how ESG issues can have serious reputational, financial, and legal consequences for the entities concerned.
The report highlights the sectors that have been mostly affected in the course of 2016. In particular, it analyzes the financial, automobile, chemical, industrial, and utilities sector as well as the most associated ESG issues, projects, and countries.
“The report is particularly interesting since the EU Directive 2014/95 on non-financial reporting comes into effect this year, which requires companies to disclose policies, risks, and outcomes related to ESG issues such as environment, human rights, and bribery” states Philipp Aeby, Chief Executive Officer of RepRisk. “The Directive affects approximately 6,000 companies that will have to start reporting on the financial year of 2017.”
The Index rating is based on the average of the RepRisk Rating (RRR) of DAX companies. The RRR is RepRisk’s proprietary risk metric, ranging from AAA to D, that captures a company’s risk exposure related to ESG issues.
To read the full report, click here.
RepRisk is a leading business intelligence provider, specializing in environmental, social, and governance (ESG) risk analytics and metrics.
Harnessing a proprietary, systematic framework that leverages cutting-edge technology and hands-on human intelligence in 15 languages, RepRisk curates and delivers dynamic risk information for an unlimited universe of companies.
Since 2006, RepRisk has built and continues to grow the most comprehensive ESG risk database that serves as a due diligence, research, and monitoring tool in risk management, compliance, investment management, corporate benchmarking, and supplier risk control. The RepRisk ESG Risk Platform currently includes risk profiles for over 86,000 listed and non-listed companies, 21,000 projects, as well as for every sector and country in the world.
Headquartered in Zurich, Switzerland, RepRisk serves clients worldwide including global banks, insurance providers, investment managers, and corporates, helping them to manage ESG and reputational risks in day-to-day business.
RepRisk provides the transparency needed to enable better, more informed decisions.