TMX launches ESG Data Hub
05 October 2023 Canada
Image: narawit/stock.adobe.com
TMX Datalinx, the information services division of Toronto and Montreal Stock Exchange (TMX), has launched the TMX ESG Data Hub.
The Data Hub is designed to support global clients as they integrate ESG into their investment decision-making processes. A number of ESG data services are included, such as climate action plan tracking, quantifying impact, company and controversy screening and corporate peer analysis.
TMX Datalinx has partnered with a number of providers to create the suite of services. Impact data and analytics provider GIST Impact and ESG ratings and data specialist Inrate will provide assessments of ESG impact, while TMX’s Wall Street Horizon will provide forward-looking corporate event data to institutional traders and investors.
Fintech firm OWL ESG will assist with the gathering, analysis, research and application of ESG data, and MT Newswires will serve as a financial news source for the platform.
Commenting on the launch, Michelle Tran, president of TMX Datalinx, says: “Expanding TMX Datalinx’s offering is in response to client demand and growing investor need for a range of high quality ESG data to support portfolio construction, enhanced investment strategies and investment risk management processes.
“We will continue to look at ways to deliver new content and innovative analytics and indices to support our clients’ ESG investment needs.”
The Data Hub is designed to support global clients as they integrate ESG into their investment decision-making processes. A number of ESG data services are included, such as climate action plan tracking, quantifying impact, company and controversy screening and corporate peer analysis.
TMX Datalinx has partnered with a number of providers to create the suite of services. Impact data and analytics provider GIST Impact and ESG ratings and data specialist Inrate will provide assessments of ESG impact, while TMX’s Wall Street Horizon will provide forward-looking corporate event data to institutional traders and investors.
Fintech firm OWL ESG will assist with the gathering, analysis, research and application of ESG data, and MT Newswires will serve as a financial news source for the platform.
Commenting on the launch, Michelle Tran, president of TMX Datalinx, says: “Expanding TMX Datalinx’s offering is in response to client demand and growing investor need for a range of high quality ESG data to support portfolio construction, enhanced investment strategies and investment risk management processes.
“We will continue to look at ways to deliver new content and innovative analytics and indices to support our clients’ ESG investment needs.”
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