ZURICH--(BUSINESS WIRE)--RepRisk, the leading provider of business intelligence on environmental, social and governance (ESG) risks, is pleased to announce that its dynamic ESG risk data is being used by the Sustainability Accounting Standards Board (SASB) as one of the inputs in their evidence-based research.
SASB is a US-based 501(c)3 non-profit that develops and issues industry-specific sustainability accounting standards. The standards, which guide companies in the disclosure of material sustainability information in SEC filings, provide investors with a more complete view of a corporation’s sustainability risks and opportunities.
RepRisk provides dynamic risk analysis and metrics related to companies, projects, sectors and countries and operates an ESG Risk Platform used as a risk research, monitoring and due diligence tool. Its research covers 15 business languages to support early risk identification and is based on the perspectives of a broad set of external stakeholders, thereby providing a unique perspective on company performance.
Jerome Lavigne-Delville, Chief of Standards Development at SASB, said “Both SASB and RepRisk are working to encourage businesses to systematically integrate sustainability in their strategies, processes and disclosure. Our partnership with RepRisk allows us to include valuable data in our research process and enhance our standards with regard to ESG-related risks across industries.”
“RepRisk is very proud that its dynamic ESG risk analysis and metrics are being used by SASB – and believes it is a testament to the robust and comprehensive nature of its research,” states Alexandra Mihailescu Cichon, Head of Business Development and Marketing at RepRisk. “RepRisk remains committed to providing business intelligence that help business leaders and investors make more informed decisions on ESG issues.”
The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that issues industry-specific standards for use in disclosing material sustainability information in filings to the Securities and Exchange Commission. Michael R. Bloomberg, founder of Bloomberg LP, and Mary Schapiro, former SEC chairman, serve as chair and vice chair of SASB’s Board of Directors, and Dr. Jean Rogers serves as Founder and CEO. More than 2,300 individuals representing $23T assets under management and $10.5T market capital have participated in multi-stakeholder industry working groups informing standards development to date. For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.
RepRisk is a leading business intelligence provider specializing in dynamic environmental, social and governance (ESG) risk analytics and metrics.
Daily, RepRisk systematically screens big data from a broad range of open intelligence sources in 15 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.