Scores will provide transparent, data driven insights into company performance
Bloomberg recently announced the launch of proprietary ESG scores. This initial offering includes Environmental and Social (ES) scores for 252 companies in the Oil & Gas sector, and Board Composition scores for more than 4,300 companies across multiple industries.
“ESG data is critical to the investment process. We see an opportunity to provide transparent and complete scoring methodologies along with the underlying data in order to support investment and finance professionals make informed decisions,” said Patricia Torres, Global Head of Bloomberg Sustainable Finance Solutions. “By providing transparent ESG data and scores, we are helping investors decode raw data that is otherwise hard to compare across companies. For corporates, these scores offer a valuable, quantitative and normalized benchmark that will easily highlight their ESG performance.”
ES scores provide a data-driven measure of corporate environmental and social performance that investors can use to quickly evaluate performance across a range of financially material, business-relevant and industry-specific key issues, such as climate change and health and safety, and assess company activities relative to industry peers. Bloomberg’s ESG scores are fully transparent. Investors can examine both the scoring methodology and the company reported data underlying each score.
In addition to ESG scores, Bloomberg provides a number of sustainable finance solutions, offering data-driven insights to help investors integrate ESG throughout the full investment process. This includes solutions to combine and standardize company-reported and third party data, access to news and research content, analytics and research workflows built specifically for investors around ESG.
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