Modeled, structured and linked RepRisk AI-powered ESG risk data now available through Bloomberg’s Data License Plus (DL+) ESG Manager solution
zurich, March 19, 2024 /PRNewswire/ — Today, RepRisk, a data science company providing ESG and conduct of business risk transparency, announced that its data is now available to mutual clients through Bloomberg’s DL+ ESG Manager solution . Seamless integration into customer workflows.
RepRisk’s comprehensive ESG database covers over 100 ESG risk factors across 250,000 companies worldwide, taking an outside-in approach that ignores self-reported information from companies. RepRisk’s collaboration with Bloomberg enables his daily updated ESG risk dataset to be distributed across client organizations, supporting a wide range of use cases across the financial industry.
ESG Manager is part of Bloomberg’s Data License Plus (DL+) solution suite, a ready-to-use data management solution that links ESG data from Bloomberg and other vendors to Bloomberg’s industry-standard entity and product reference data. Built to meet client demand for. This creates a world of connected data that can be easily viewed and navigated through web-based data management workstations and distributed through several publishing and collection technologies. By providing RepRisk’s dynamic, daily-updated ESG risk data to public and private companies through ESG Manager, our mutual customers can receive timely information on evolving ESG risks that supports a variety of decision-making needs. Gain access to detailed, actionable, up-to-date information.
“ESG risks can quickly evolve into financially significant impacts, so investors and companies are looking to the ease of integrating and distributing data, and the faster “We are looking for reliable data signals.” Jenny NordbyHead of Business Development, RepRisk. “We are pleased to provide our Bloomberg DL+ clients with RepRisk’s daily updated ESG risk data to facilitate business execution due diligence and ESG risk management across their organizations.RepRisk data is powered by AI Built on the synergy of speed and human curation to speed processing and maintain high quality and depth. Using RepRisk ESG data within DL+ ESG Manager, mutual clients of Bloomberg and RepRisk can Make decisions with confidence while reducing the complexity of access and distribution.”
“We are excited to add RepRisk’s ESG risk data to expand the multi-vendor reach of DL+ ESG Manager, allowing our customers to further enhance their holistic view of ESG data across their organizations.” says. don huffGlobal Head of Client Services and Operations, Bloomberg Data Management Services. “Our collaboration comes at a particularly important time, with increasing regulatory demand for ESG data from market participants.”
Although disclosure regulations are increasing, companies do not disclose all the risks in their business operations, especially if they are privately held. Additionally, disclosures are ineffective at detecting issues like greenwashing, which are on the rise, as evidenced by RepRisk’s data. Globally, one in four climate-related ESG risk cases is September 2023 The association with greenwashing increased from one in five. September 2022.
When investors and other market participants rely solely on companies’ self-disclosures for their due diligence and risk management efforts, they may encounter incomplete information. RepRisk uncovers risks that are hidden and can have negative environmental, social, and governance impacts by excluding corporate self-disclosure when generating data.
about RepRisk
Founded in 1998 and headquartered in Switzerland, RepRisk is a data science company that provides transparency around the risks of business practices such as deforestation, human rights violations, and corruption. RepRisk enables clients to make efficient decisions and supports alpha generation and value preservation for their organizations, investments, and business interests. RepRisk is trusted by more than 80 of the world’s largest banks, 17 of the 25 largest investment managers, corporations, and the world’s largest sovereign wealth funds for their due diligence processes. RepRisk uses human curation and cutting-edge artificial intelligence to produce the world’s most comprehensive business conduct and biodiversity risk datasets for public and private companies, real assets, and countries . Visit www.reprisk.com.
contact
Matthias Führer
+41 41 552 30 01
[email protected]
About Bloomberg
Bloomberg is a global leader in business and financial information, providing trusted data, news and insights that bring transparency, efficiency and fairness to markets. The company helps connect communities of influence across the global financial ecosystem through reliable technology solutions that help customers make more informed decisions and foster better collaboration. Masu. For more information, visit Bloomberg.com/company or request a demo.
contact
susan doyle
[email protected]
Source RepRisk
