Spettacolo
IdealRatings to provide suite of ESG data, expanding State Street's ESG Solutions, ESGX® Offering
With this agreement, State Street will expand its data source capabilities for current portfolios analyzed via State Street's ESGX product. ESGX is an analytics tool launched in 2017 to provide information to help clients bring transparency and standardization to their ESG investing. Developed by State Street Global Exchange, State Street's data and analytics business, ESGX provides clients with a web platform through which they can assess ESG factor exposure in their portfolios, such as a company's carbon footprint, the type of labor used in a supply chain and board diversity statistics.
Mohamed Donia , IdealRatings CEO, commented on this agreement, "IdealRatings is delighted to partner with State Street Corporation in collaboration with their ESGX platform. We believe with this partnership we are able to embrace the changes taking place in the world trend towards more Responsible Investments."
"We are delighted to welcome IdealRatings as one of our new ESG data providers. IdealRatings has extensive experience in both ESG and responsible investing research. Through our analytics engine ESGX , we strive to offer our clients insight into identifying non-traditional financial 'tail' risks (and opportunities), within their portfolios. We are confident that IdealRatings will further complement our existing suite of ESG data providers," commented Mark McDivitt , Managing Director, Head of ESG Solutions at State Street.
IdealRatings, incorporated in San Francisco , is a global solutions provider for Responsible Investments. Its database solutions for Equities, REITs, and Fixed income are aimed at global investment managers and asset owners. IdealRatings solutions are licensed by leading financial institutions, asset managers, index providers and brokerage firms in over 25 countries. Visit IdealRatings's website at www.idealratings.com.
Media contacts:
IdealRatings Inc:
,
meissa@idealratings.com
+ 1 415 955 2737
State Street Corporation:
Nhassini@statestreet.com
+ 44 203 395 7145
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