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CSRHub Announces Integration of Arabesque S-Ray Data into its Consensus Ratings

[fa icon="calendar'] Sep 2, 2020 9:00:00 AM / by CSRHub Blogging

CSRHub is pleased to announce that it is now integrating data from Arabesque S-Rayâ into its consensus ratings. Using quantitative data techniques and a rules-based approach, Arabesque S-Ray provides technology that is used by some of the world’s largest investors, corporations and consultancies to assess the sustainability performance of listed companies globally. S-Ray data will now directly contribute to CSRHub’s sustainability analysis of more than 7,000 companies, and will enhance the ratings for all 36,000 companies that CSRHub covers.

CSRHub_ArabesqueSRay

Arabesque S-Ray systematically combines over 250 ESG long-term metrics with news and NGO signals from over 30,000 sources to provide dynamic and responsive scores. Covering over 85% of global market cap and drawing from over four million ESG data points daily, S-Ray utilises an ever-expanding and diverse range of data to create quantitative metrics for the assessment of corporate performance.

The chart below compares the S-Ray ESG Score of 6,263 companies with CSRHub’s own ratings, captured on 1 December, 2019. The data shows a rating correlation of 58%, which is particularly striking given that CSRHub’s ratings were published two months after those of S-Ray, and highlights the effectiveness of S-Ray’s daily scoring approach.

ArabesqueSRay_CSRHub

Arabesque S-Ray joins other major ESG data and ratings providers who supply data to CSRHub, such as MSCI, Vigeo Eiris, ISS, and S&P Trucost. Each of these providers offers a unique perspective on the ESG performance of the companies they cover—perspectives that CSRHub combines with crowd, non-profit organization, and government datasets to create its consensus rating.

Todd Arthur Bridges, Global Head of Sustainable Investing and ESG Research at Arabesque S-Ray, said; “CSRHub is a truly unique company that knows the importance of systems-level thinking, and has brought the sustainable finance ecosystem together in a systematic way through their Consensus Ratings. Information is critical to well-functioning and efficient markets, and the leadership team of CSRHub has been able to break down the ESG paywalls across commercial organizations to help innovate and advance progress. The CSR Ratings and Rankings are well designed and allow for proper ESG consensus calibration – which can easily be understood by many users across the sustainable finance stakeholder community. Arabesque S-Ray is proud to be part of CSRHub and their mission.”

Bahar Gidwani, Cofounder and CTO at CSRHub said; “We were very pleased when our analysis showed that our methodology and results were closely aligned with those of S-Ray. S-Ray data appears to offer a current and forward-looking view of company ESG performance that matches well with CSRHub’s backward looking perspective.  By combining our work, investors and other researchers may be able to better understand and predict how perception of company ESG ratings will change.”

 

About CSRHub

CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 20,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.

About Arabesque S-Ray GmbH

S-Ray® is a leading analytics tool developed by Arabesque that assesses the sustainability performance of over 7,000 listed corporations using self-learning quantitative models and data scores. The technology systematically combines over 250 ESG metrics with news signals from over 30,000 sources across 170 countries. It is the first tool of its kind to rate companies on the normative principles of the United Nations Global Compact (GC Score). Additionally, S-Ray provides an industry-specific assessment of companies' performance on financially material sustainability criteria (ESG Score), together with an assessment of how companies report their emissions (Temperature™ Score). These scores are combined with a preferences filter that assesses a company's business involvements. S-Ray daily data products and services are used by some of the world's leading financial institutions, investors, corporations and consultants.

 

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CSRHub and Craft Launch Supply Chain Partnership

[fa icon="calendar'] Aug 25, 2020 9:07:59 AM / by CSRHub Blogging

The Partnership Will Use CSRHub’s Data To Integrate ESG Into Supply Chain Analysis

New York - August 25, 2020 – CSRHub, a leader in consensus ESG (Environment, Social, and Governance) ratings and information, announced today a partnership with Craft, the enterprise intelligence provider, to integrate data from CSRHub into Craft’s offerings. This integration will help supply chain managers build a 360-degree view of supplier ESG risk.

“The case for using corporate social responsibility measures as a leading indicator of company performance, and social and environmental impact has never been stronger. It is quickly becoming a key consideration in managing risk, driving customer satisfaction, and building ethical and resilient supply chains among our customers, said Ilya Levtov, founder and CEO of Craft. “We’re delighted to be working with CSRHub to incorporate its ESG ratings into Craft’s 360 degree view of every supplier that can be monitored on our platform.”

Recent climate, health, and social challenges have disrupted Craft_CSRHubsupply chains. Both companies see this partnership as a timely response to these challenges that could decrease supply chain risk and increase supply chain resilience.  

With ratings on 20,000 companies, CSRHub is a leader in consensus ESG ratings. “We expect to benefit from Craft’s strong customer relationships and its experience in supply chain management” said Cynthia Figge, CEO and Co-founder of CSRHub. “We are excited to bring high-value ESG data to Craft’s customers and enjoy being aligned with a company that shares our values.”

About CSRHub

CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 20,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.

About Craft

Craft is an enterprise intelligence company helping organizations make data-informed business decisions by delivering comprehensive, validated and always up-to-date commercial data, analytics, and actionable insights. Headquartered in San Francisco, Craft works globally with Fortune 500 companies in aerospace & defense, banking, pharmaceutical and retail. For more information, visit enterprise.craft.co or connect with us on LinkedIn.

 

CSRHub Media Contact:
Ruth Edwards
ruth@csrhub.com 

Craft Media Contact:
Zuzanna Wilson
zuzanna@craft.co
+ 415-425-8926

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[fa icon="comment"] 0 Comments posted in corporate social responsibility, Cynthia Figge, ESG ratings, supply chain management, Craft, manage risk, Ilya Levtov, enterprise intelligence

Do Political Donations Really Predict Corporate Behavior?

[fa icon="calendar'] Aug 21, 2020 10:00:52 AM / by CSRHub Blogging

Goods Unite Us has spent thousands of hours vetting companies' political expenditures in federal elections. They will tell you about the donations made by the organization and its senior employees along with each company's exclusive Campaign Finance Reform Score. CSRHub measures the environmental, social and governance performance of thousands of companies by aggregating 700 sources to derive consensus ESG ratings.

Goods Unite Us and CSRHub have combined datasets to see if any correlations showed up in terms of political affiliation and ESG scores. And some did. 

Our new joint report, which to our knowledge is the first of its kind, is available here. In short: 

goods unite us_CSRHub2

Blue companies outperform red companies overall and in three of four ESG categories.

CSRHub’s ratings measure four main categories: a company’s relationship with its community, its employees, the environment, and the boardroom governance that guides all of it. We found that the political leanings, right or left, of a company’s leadership could predict it’s scores overall and in three of the four ESG categories.

The findings of our joint report paint an amazingly clear picture of how the political leanings of a firm’s leadership affect its relationships with the environment, its supply chain, and its own workers. If a company is blue, it is statistically more likely to have better scores in all of these areas.

CSRHub’s Chief Technology Officer and cofounder Bahar Gidwani notes: “Both corporate managers and investors are interested in understanding the relationship between a company’s political activity and its social impact. This study demonstrates that there is a connection and suggests that political contributions should be seen as part of a company’s sustainability profile.”

The findings were statistically significant in all categories except for governance, where Democrat-leaning companies did score higher, but not in a way significant enough to show a generalizable pattern. 

In a nutshell, political donations are an exceptionally good predictor of not only a company’s political views, but also of its actual behavior. As Abigail Wuest, our CEO and cofounder, puts it, “These donations can tell you a lot about a company’s day-to-day behavior. And that’s priceless information to have when you’re deciding who to buy from or invest in.”

Our final report is available here.


CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 20,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.

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CSRHub and Intrinio Announce Partnership

[fa icon="calendar'] Jun 24, 2020 9:51:55 AM / by CSRHub Blogging

CSRHub Intrinio

CSRHub, a leading provider of ESG (Environment, Social, Governance) consensus ratings, is pleased to announce it has partnered with Intrinio, a financial data marketplace that provides fintech data and applications for developers and investors. ESG data is becoming an important component of investment decision processes. Intrinio has partnered with CSRHub to help combine signals about corporate ESG / sustainability performance with the many other data sets it has curated for its system.

Both CSRHub and Intrinio are committed to making financial and ESG data affordable and easy to access so investors and analysts can save money and time building meaningful outcomes.

Investors and researchers increasingly want to integrate their financial data with ESG data for more efficient and impactful analysis. CSRHub data can be used to benchmark ESG performance, increase corporate market value, uncover portfolio opportunities and risks, back-test theories about ESG behavior, and integrate ESG trends into other Business Intelligence data sets.

Using a patented algorithm that aggregates and harmonizes disparate data from 690+ ESG sources, CSRHub generates a consensus score for the ESG performance of 19,000 companies from 134 industries in 143 countries. With many disparate sources of ESG information available, centralizing and interpreting ESG metrics has become burdensome for many firms. CSRHub streamlines ESG data and makes it useful and powerful.

“Partnering with Intrinio to deliver both their analytics and CSRHub’s ESG data to clients will enable investors to leverage powerful insights and enhance their decision-making processes,” said Cynthia Figge, CEO of CSRHub.

“Many of our customers see us as their dedicated data partner and one-stop shop for a variety of financial data feeds. Joining forces with CSRHub to offer their innovative data is a crucial step for us when it comes to serving our clients as they develop cutting-edge apps, algorithms, platforms, and websites,” said Rachel Carpenter, CEO of Intrinio.

For more information, see https://intrinio.com/products/csrhub-esg-ratings.

 

About CSRHub

CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 19,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.

About Intrinio

Intrinio is a financial data partner powering innovation by providing high-quality data, cutting-edge tools, and world-class support to quant funds, fintech companies, and academic institutions. Intrinio’s powerful application programming interface (API) is designed for the needs of engineers and developers and supported by more than 200 financial data feeds that can be easily integrated into applications, websites, algorithms, and other financial tools. Learn more at https://intrinio.com.

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[fa icon="comment"] 0 Comments posted in Cynthia Figge, environmental social governance, ESG, transparency, ESG ratings, investment strategies, ESG investing, Intrinio, corporate market value, Data providers, portfolio opportunities, portfolio investment

CSRHub Partners with FinMason to Provide ESG Ratings for Wealth Mgmt

[fa icon="calendar'] Jun 18, 2020 8:59:13 AM / by CSRHub Blogging

New YorkJune 18, 2020 -- CSRHub, the leading provider of ESG (Environment, Social, Governance) consensus ratings, today announced that it has partnered with FinMason, a FinTech firm and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, to redistribute its ESG ratings via FinMason’s award-winning API. CSRHub_FinMason

“CSRHub’s multifaceted approach to standardizing ESG data and rankings, and the ability they offer to drill down to several subcategory levels, gives investors a holistic and normalized basis upon which to compare the sustainability performance of various firms,” said Kendrick Wakeman, CEO of FinMason. “We’re excited to contribute the scalability and ease-of-use that our API delivers to help make CSRHub’s ESG data more readily accessible to WealthTech firms and, ultimately, end investors.”

CSRHub helps investors, corporations, and API partners integrate ESG data into their decision-making processes. Using a patented algorithm that aggregates and harmonizes disparate data from over 650 ESG sources, CSRHub generates a consensus score for the ESG performance of more than 19,000 companies from 134 industries in 143 countries. With many disparate sources of ESG information available, centralizing and interpreting ESG metrics has become burdensome for many firms. CSRHub streamlines ESG data and makes it useful and powerful. CSRHub data can be used to benchmark ESG performance, increase corporate market value, uncover portfolio opportunities and risks, back-test theories about ESG behavior, and integrate ESG trends into other Business Intelligence data sets.

“Partnering with FinMason to deliver both their analytics and CSRHub’s ESG data to clients via a single API will empower platforms and investors to leverage powerful insights and enhance their decision-making processes,” said Cynthia Figge, CEO of CSRHub. “The ease of integration that their API offers, and the synergy that their analytics have with our ESG data for better-equipping investors, make them a natural choice as a partner.”

Firms interested in learning more can contact CSRHub at www.CSRHub.com or FinMason at www.finmason.com.

ABOUT CSRHub

CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 19,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.

ABOUT FINMASON INC.

FinMason, a data redistributor and one of the world's largest investment analytics engines for financial services platforms, enables WealthTech platforms to accelerate development and time-to-market while retaining control of their user experience. Built with speed, flexibility, and scalability in mind, the financial technology firm calculates and delivers more than 700 analytics on every publicly-traded asset in the world via one simple API. For more information, visit www.FinMason.com and follow FinMason on TwitterLinkedIn and Facebook.

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