ESG Quant

Sony Innovation Fund Launches ESG Initiative Support Program for Investees

Retrieved on: 
Wednesday, June 2, 2021

TOKYO, June 2, 2021 /PRNewswire/ -- Sony Innovation Fund, a corporate venture capital arm of Sony Group Corporation (hereafter "Sony"), today announced that it has developed an Environmental, Social and Corporate Governance (ESG) evaluation process for its portfolio companies and launched a program to support each company's ESG efforts.

Key Points: 
  • TOKYO, June 2, 2021 /PRNewswire/ -- Sony Innovation Fund, a corporate venture capital arm of Sony Group Corporation (hereafter "Sony"), today announced that it has developed an Environmental, Social and Corporate Governance (ESG) evaluation process for its portfolio companies and launched a program to support each company's ESG efforts.
  • Sony Innovation Fund believes that tackling ESG issues from an early stage is the key to the long-term and sustainable corporate value enhancement of each portfolio company.
  • By regularly measuring ESG scores before and after investment and giving feedback to portfolio companies, Sony Innovation Fund will contribute to improving the understanding of ESG by each portfolio company and support their further implementation of ESG initiatives.
  • In April 2021, Sony created Sony Innovation Fund: Environment, an investment fund for companies engaged in technological development that contributes to global environmental issues such as climate change, resources, chemical substances, and the improvement of biodiversity.

Climate change, diversity, and systemic inequality topped the ESG agenda in 2020

Retrieved on: 
Thursday, May 20, 2021

Uneven levels of disclosure could ultimately distort the picture of a portfolio\'s ESG characteristics, the companynotes.\nT.

Key Points: 
  • Uneven levels of disclosure could ultimately distort the picture of a portfolio\'s ESG characteristics, the companynotes.\nT.
  • The firm expanded its dedicated ESG research team, which now comprises 17 investment professionals, and the technology and operations teams that support them.\nT.
  • Continued expansion of our ESG investment capabilities and a focus on improving ESG data integrity were our principal objectives.
  • "\n"Our longstanding focus on diversity, equity and inclusion (DEI) was amplified following the global wave of protests and activism against systemic racial inequality.

Investics to Provide Arabesque S-Ray ESG Portfolio Analytics

Retrieved on: 
Monday, May 10, 2021

b'WESTON, Mass., May 10, 2021 /PRNewswire-PRWeb/ -- Investics Data Services Company, Inc. has reached an agreement with Arabesque S-Ray to provide a suite of Arabesque S-Ray ESG data through the Investics Cloud Ecosystem (ICE) and Investics DARTS data marketplace.

Key Points: 
  • b'WESTON, Mass., May 10, 2021 /PRNewswire-PRWeb/ -- Investics Data Services Company, Inc. has reached an agreement with Arabesque S-Ray to provide a suite of Arabesque S-Ray ESG data through the Investics Cloud Ecosystem (ICE) and Investics DARTS data marketplace.
  • Clients can subscribe to one or more of the various Investics DARTS Arabesque S-Ray ESG datasets on AWS Marketplace and seamlessly integrate the S-Ray ESG data with their own portfolio holdings and other investment data on Investics ICE for further performance, risk and exposure analysis, as well as stay ahead of the formative ESG regulatory reporting requirements developing globally.\nThese new Investics DARTS Arabesque S-Ray ESG offerings will allow subscribers to integrate a suite of ESG metrics with their own portfolio holdings for investment management, company analysis, risk management, compliance and regulatory reporting purposes.
  • Currently covering over 8,000 of the world\'s largest listed corporations, the machine learning technology of Arabesque S-Ray combines over 250 ESG metrics with news signals from over 30,000 sources to drive key sustainability insights for its clients.
  • It is the first ESG data provider of its kind to rate companies on the normative principles of the United Nations Global Compact (GC Score).

Scientific Beta research: no evidence that ESG strategies outperform

Retrieved on: 
Tuesday, May 4, 2021

b'In a new research paper, "Honey, I Shrunk the ESG Alpha": Risk-Adjusting ESG Portfolio Returns , Scientific Beta researchers examine equity strategies that exploit information in ESG ratings, following several papers that suggest that these strategies lead to outperformance.

Key Points: 
  • b'In a new research paper, "Honey, I Shrunk the ESG Alpha": Risk-Adjusting ESG Portfolio Returns , Scientific Beta researchers examine equity strategies that exploit information in ESG ratings, following several papers that suggest that these strategies lead to outperformance.
  • In addition, the analysis suggests that returns are inflated when investor attention to ESG rises.\nThe findings do not question that ESG strategies can offer substantial value to investors.
  • "\nThe Scientific Beta white paper on ESG alpha can be accessed through the link below:\n"Honey, I Shrunk the ESG Alpha": Risk-Adjusting ESG Portfolio Returns, Scientific Beta Publication, April 2021\nScientific Beta aims to be the first provider of a smart factor and ESG/climate index platform to help investors understand and invest in advanced factor and ESG/climate equity strategies.
  • Since 2015, Scientific Beta has also been offering highly advanced strategies in the area of ESG and climate change, whether involving options integrated into smart beta indices or pure ESG or climate benchmarks.

Informa Financial Intelligence's Zephyr Partners with OWL Analytics to Provide ESG Ratings & Rankings

Retrieved on: 
Wednesday, April 21, 2021

Zephyr will access the data from OWL Analytics through a separate partnership with Fin Mason for the use of its FinRiver API.\n"The recent momentum for ESG & impact investing has made evident the need for transparency and analytics around this investing trend," said Chris Volpe, Head of Informa Financial Intelligence\'s Zephyr business.

Key Points: 
  • Zephyr will access the data from OWL Analytics through a separate partnership with Fin Mason for the use of its FinRiver API.\n"The recent momentum for ESG & impact investing has made evident the need for transparency and analytics around this investing trend," said Chris Volpe, Head of Informa Financial Intelligence\'s Zephyr business.
  • The new ESG metrics compliment Zephyr\'s core features and competencies to help our clients make more well-informed investment decisions.
  • "Partnering with Zephyr allows us to continue this mission and provide a deeper ESG consensus.
  • Informa Financial Intelligence\'s solutions provide unparalleled insight into market opportunity, competitive performance and customer segment behavioral patterns and performance through specialized industry research, intelligence, and insight.

Closure Systems International Taps ESG Strategist as New Global Sustainability Lead

Retrieved on: 
Thursday, April 8, 2021

Closure Systems International (CSI) announced that Jenna Rowe has joined the company in the newly created position of Global Sustainability Lead.

Key Points: 
  • Closure Systems International (CSI) announced that Jenna Rowe has joined the company in the newly created position of Global Sustainability Lead.
  • Rowe is an experienced environmental, social, governance (ESG) professional with extensive global expertise working with companies and investors to develop growth strategies which also drive sustainability outcomes.
  • Rowe is responsible for the development and implementation of Closure Systems Internationals sustainability strategy, goals, and reporting.
  • Closure Systems International Inc. (CSI) is a global leader in designing and manufacturing innovative closures for a wide range of applications in consumer and industrial markets.

Women are leading the charge for Environmental, Social and Governance (ESG) investing in the U.S. amid growing demand for responsible investing solutions

Retrieved on: 
Tuesday, April 6, 2021

A recent client survey conducted by RBC Wealth Management U.S. shows that responsible investing, namely Environmental, Social and Governance (ESG) , is gaining traction.

Key Points: 
  • A recent client survey conducted by RBC Wealth Management U.S. shows that responsible investing, namely Environmental, Social and Governance (ESG) , is gaining traction.
  • Women are leading the charge for ESG investing and are more likely to have a positive outlook toward this growing investment trend.
  • The results of RBC's survey support the growing industrywide enthusiasm for ESG investing.
  • ESG investing was among most popular responsible investing strategies, accounting for a third of all managed assets in the U.S.

Prudential Financial releases first Environmental, Social and Governance (ESG) Summary Report

Retrieved on: 
Friday, March 26, 2021

Prudential Financial, Inc. ( NYSE: PRU ) has released an Environmental, Social and Governance (ESG) Summary Report , which highlights sustainable actions by the company related to its environmental footprint, diversity and inclusion, talent and governance.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) has released an Environmental, Social and Governance (ESG) Summary Report , which highlights sustainable actions by the company related to its environmental footprint, diversity and inclusion, talent and governance.
  • This ESG Summary Report underscores the importance of a robust reporting framework to fulfill our companys purpose of solving the financial challenges of our changing world, said Margaret Peggy Foran, chief governance officer and corporate secretary for Prudential Financial.
  • The ESG Summary Report includes enhanced disclosures around:
    The makeup of Prudentials U.S. workforce by race, ethnicity and gender by job category, including both representation and pay equity data.
  • Prudentials ESG Summary Report was created as a supplement to other disclosures available on Prudentials website , including the companys annual Sustainability Report, published each June, which provides details about Prudentials ESG strategy, framework and performance.

Sber publishes 2020 Annual Report including ESG reporting

Retrieved on: 
Wednesday, March 24, 2021

Sber's Annual Report meets the requirements of the Russian and international regulators, LSE listing rules, and GRI and SASB standards

Key Points: 
  • Sber's Annual Report meets the requirements of the Russian and international regulators, LSE listing rules, and GRI and SASB standards
    March 23, 2021, Moscow - Sber has published its 2020 Annual Report, which was compiled following the requirements of the Russian legislation, information disclosure regulations of the UK financial watchdog, and London Stock Exchange listing rules.
  • Sber's 2020 Annual Report consists of two parts, that of the top executives and ESG reporting.
  • The ESG report has been prepared in compliance with Global Reporting Initiative (GRI) Standards for accountability in sustainable development.
  • The 2020 Annual Report is included in the materials for the Annual General Meeting of shareholders and will be submitted for its approval on April 23, 2021.

Forward Air Releases First Environmental, Social and Governance Report

Retrieved on: 
Monday, March 22, 2021

Forward today announced the release of its first Environmental, Social and Governance (ESG) report, which provides an overview of the Companys ESG commitments.

Key Points: 
  • Forward today announced the release of its first Environmental, Social and Governance (ESG) report, which provides an overview of the Companys ESG commitments.
  • The report marks Forwards dedication to sustainability governance and accountability as a core component to its operating model for years to come.
  • Tom Schmitt, Chairman, President and CEO, said, "Forward has been here for three decades, and we intend to be here for many more.
  • Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company.