BOSTON--(BUSINESS WIRE)--Reynders, McVeigh Capital Management, an investment management firm with a focus on socially responsible investing (SRI), announced today its partnership with environmental, social, and governance (ESG) optimization technology provider, OWLshares. The partnership gives Reynders, McVeigh access to a wide set of proprietary ESG data and underscores the firm’s commitment to defining more precise performance metrics for its investment research.
By adding the ability to optimize the value of ESG data in its own research process, Reynders, McVeigh has evolved its capabilities for analyzing the underlying factors that contribute to operating performance in different companies across sectors.
“By applying our decades of experience to the largest set of ESG data in the industry, we gain better insight into the DNA of a company and its leadership,” said Patrick McVeigh, President and Chief Investment Officer of Reynders, McVeigh Capital Management. “Our ability to optimize ESG data with OWLshares helps us understand what makes an investment sustainable in terms of financial strength and its impact on communities, employees, and the environment, now and well into the future.”
A lack of universal reporting standards across the industry has produced varying results. Existing ESG data providers differ widely in how they define materiality, or how sustainability and other non-financial information impact financial performance. To help eliminate bias, reduce error, and generate a robust consensus of ESG performance scores for over 20,000 publicly traded companies, OWLshares aggregates data from more than 400 private and public sources of ESG research and information.
To learn more about Reynders, McVeigh Capital Management, please visit http://reyndersmcveigh.com.
About Reynders, McVeigh Capital Management:
Reynders, McVeigh Capital Management is a Boston-based investment management firm that manages portfolios comprised of companies that emphasize sound financials and social impact. The firm has more than $1.4 billion in assets under management and advises on an additional $4 billion in trust assets. Reynders, McVeigh constructs individually tailored portfolios by leveraging its proprietary research while emphasizing transparency, discretion, and a due diligence process in support of each investment.
DISCLOSURE: The partnership between Reynders, McVeigh Capital Management, LLC (“RMCM”) and OWLshares is for informational purposes only. The partnership is not an endorsement of all data and ESG scores available on OWLshares. RMCM manipulates OWLshares data and weighs the data based on RMCM’s own insights. Information obtained from OWLshares is believed to be reliable, but its accuracy is not guaranteed. There is no guarantee that investment objectives will be achieved or that any particular investment will be profitable. Past performance does not guarantee future results.