Features
ISS Announces Strategic Partnership with RepRisk to Offer ESG Solutions
Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance and proxy voting solutions to the global financial community, and RepRisk, a leading business intelligence provider specializing in dynamic environmental, social, and governance (ESG) risk analytics and metrics, today announced a strategic partnership allowing ISS to offer ESG solutions from RepRisk.
Effective today, ISS will offer clients – including asset owners, investment managers, hedge funds, broker-dealers, and custodian banks – access to RepRisk’s Asset Management Platform, Data Feed, and Monitoring Report offerings. Using the platform, clients can better manage reputational, compliance, and investment risks related to ESG issues. As a screening tool, the platform can also be used to dynamically monitor portfolio companies’ activities for purposes of investment analysis, engagement, or exclusion. In addition, customizable data feeds can be integrated into existing databases and processes, to systematically flag and monitor ESG risks in a portfolio.
“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,” said ISS Chief Revenue Officer Stephen Harvey. “Critically, RepRisk offerings will assist ISS clients in selecting the best performing portfolio constituents for their beneficiaries, and facilitate compliance with U.N. PRI and other ESG investing stewardship guidance now gaining traction with investors.”
RepRisk harnesses a proprietary, systematic framework that combines technology and hands-on human intelligence in 15 languages to deliver risk information on over 55,000 public and private companies worldwide. Since 2006, RepRisk has built a 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.
“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,” said RepRisk CEO Philipp Aeby. “We are pleased to partner with ISS, the leader in corporate governance, in delivering extra-financial insight to the investment community.”