In our ever competitive landscape, smaller and mid-sized companies are often seeking the shortest route, not always the smartest, in their growth strategies. Understanding operating risk of a company or transaction requires more than a cursory review of the company standardized reports. A process of critical and detailed analysis is essential to monitoring the growth of rapidly expanding companies or portfolios. Why can't you simply rely on standardized reports? For starters, too seldom are standardized reports verified for accuracy, content or origin. I can't tell you how many times we have been provided standardized reports during due diligence, after a quick review we begin asking questions about the origin of the reports and its representations only to find no one in management can tell us why the reports are being used or oftentimes what the data fields represent. This is more common than not.Read More
ROCKVILLE, Md. & ZURICH--(BUSINESS WIRE)--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.
“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.”
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.”
ISS, founded in 1985 as Institutional Shareholder Services Inc., is the world's leading provider of proxy advisory and corporate governance solutions to financial market participants. ISS' services include objective proxy research and analysis, end-to-end proxy voting and distribution solutions, turnkey securities class action claims management, and reliable governance data and modeling tools. Clients rely on ISS' expertise to help them make informed corporate governance decisions. ISS is a global company with more than 800 employees spread across 15 offices in 10 countries. ISS covers approximately 38,000 companies in 115 countries, delivering proxy research and vote recommendations on nearly 28,000 companies each year and working closely with clients to execute more than 7.5 million ballots representing 4 trillion shares. Our flexible coverage universe expands correspondingly with our clients’ holdings. ISS analysts have unique expertise and insight on the governance landscape, local market voting practices and regulatory requirements, along with expertise in varied fields such as law, M&A, compensation, and analytics. For more information, please visit www.issgovernance.com
RepRisk is a leading business intelligence provider, specializing in environmental, social, and governance (ESG) risk analytics and metrics. Harnessing a proprietary, systematic framework that leverages cutting-edge technology and hands-on human intelligence in 15 languages, RepRisk curates and delivers dynamic risk information for an unlimited universe of companies. Since 2006, RepRisk has built and continues to grow the most comprehensive ESG risk database that serves as a due diligence, research, and monitoring tool in risk management, compliance, investment management, corporate benchmarking, and supplier risk. The database currently includes risk profiles for over 55,000 public and private companies, 14,000 projects, as well as for every sector and country in the world. Headquartered in Zurich, Switzerland, RepRisk serves clients worldwide helping them to manage and mitigate ESG and reputational risks in day-to-day business. RepRisk provides the transparency needed to enable better, more informed decisions. For more information, please visit www.reprisk.com.