ISS finds partner for ESG 09 September 2015Zurich Reporter: Stephanie Palmer
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Institutional Shareholder Services (ISS) has partnered up with RepRisk for environmental and social governance (ESG) operations.
RepRisk is a business intelligence provider specialising in ESG risk analytics and metrics. The partnership will give ISS clients, including asset managers, hedge funds, broker dealers and custodian banks, access to RepRisk’s asset management platform, data feed, and monitoring report offerings.
The platform can help clients to manage their reputational, compliance and investment risks relating to ESG issues, and it can also be used as a screening tool to monitor portfolio companies’ activities for investment analysis, engagement or exclusion.
Customisable data feeds can also be integrated in to databases and processes in order to flag and monitor ESG processes.
The RepRisk framework is designed to serve as an ‘early warning’ tool for risk managers. It combines technology and human intelligence in 15 languages, and provides information on55,000 public and private companies around the world.
Stephen Harvey, chief revenue officer of ISS, said: “As a growing number of institutions globally sharpen their focus on non-financial risks, our clients will benefit greatly from access to RepRisk’s research, data, and analytics.”
RepRisk CEO Philipp Aeby added: “We welcome the opportunity to partner with ISS and provide its clients deep insight into ESG-related risks not always visible through traditional avenues of public company mandated disclosures.”
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