Meyer Memorial Trust is First Dynamo Client to Adopt New ESG Integration to Establish ESG Ratings
November 16, 2022
Alternative-asset investors need a way to look at their investments that takes subjectivity out of their assessments. Dynamo Software and CSRHub have partnered to give those investors exactly the tool they need: an integrated, end-to-end big data platform that uses a patented algorithm to aggregate, normalize, and weigh Environmental, Social and Governance (ESG) ESG metrics from more than 850 expert sources, accumulating more than 450 million pieces of data for analysis.
“The Dynamo-CSRHub integration helps investors take subjectivity out of the ratings universe by providing a CSRHub consensus overall score and four ESG category scores” explained Momchil Barros-Mitov, co-head of data automation at Dynamo. “We’re proud of the collaboration with CSRHub and applaud Meyer Memorial Trust on their commitment to their ESG values and to live it through their daily operations.”
Dynamo client Meyer Memorial Trust is an early adopter of the CSRHub ESG integration. A philanthropic trust whose mission is to accelerate racial, social and economic justice in Oregon, Meyer is using the platform to establish ESG ratings on the underlying holdings in its portfolio funds and conduct exposure analysis from the top level, fund level, firmwide, and at a portfolio level. The platform is enabling Meyer to ascertain an overall score of its portfolio, an ESG history of each company’s individual ESG score, and export the data into reports it can share with its stakeholders.
“This platform enables us to assess how our values align with our impact and how that impact can drive long-term financial and social viability,” said Sohel Hussain, Meyer’s interim director of investments. “As the first of Dynamo’s clients to use CSRHub’s ESG ratings methodology, we are excited to be forging a new trail for socially responsible investors.”
The Dynamo integration furthers CSRHub’s mission to increase access to company ESG performance and use transparency as a lever to improve corporate sustainability.
"We’re exposing more investors to what is now possible with ESG ratings," said Cynthia Figge, co-founder and CEO at CSRHub. "We’re making it possible to examine almost all aspects of the ESG investment universe, and establish a framework around which investors can constructively engage with the companies they invest in. This creates tremendous long-term value.”
“There are a lot of scoring frameworks available,” said Danielle Pepin, head of the ESG product at Dynamo. “However, we are excited about this integration because CSRHub breaks down ratings into meaningful sub-categories within the concept of corporate responsibility, and combines hundreds of sources for a more robust assessment.”
About Dynamo Software, Inc.
Dynamo Software’s mission is to be the leading global, end-to-end cloud software platform for the alternatives ecosystem, serving the information sharing and analytical data needs of our constituents. Since 1998, the company has been providing industry-tailored, highly-configurable investment management, reporting, and data management cloud software solutions to the global alternative investment industry. Dynamo’s cloud-based solutions serve the private investment landscape including private equity and venture capital funds, real estate investment firms, infrastructure, hedge funds, endowments, pensions, foundations, prime brokers, funds of funds, family offices, and fund administrators. The Dynamo™ platform has improved productivity across the alternatives ecosystem, including CRM, fundraising, deal management, research management, investor servicing, portfolio management, and compliance teams worldwide. Dynamo has a global footprint with operations across North America, EMEA, APAC, and UAE.
For more information, visit www.DynamoSoftware.com.
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers over 50,000 public and private companies, and provides ESG performance scores on over 30,000 companies from 134 industries in 155 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 852 sources to produce a strong consensus signal on corporate sustainability performance.
For more information, visit www.csrhub.com or request a consultation.
About Meyer Memorial Trust
Meyer Memorial Trust was created by the late Fred G. Meyer, founder of a chain of retail stores bearing his name throughout the Pacific Northwest. Established in 1982, Meyer has awarded roughly $930 million in grants and program-related investments to more than 3,500 organizations throughout Oregon and Southwest Washington. Its mission is to accelerate racial, social and economic justice for the collective well-being of Oregon’s lands and peoples.
For more information, visit mmt.org.