Thomson Reuters has launched ESG Peer View on its flagship desktop product Eikon, a significant enhancement of its ESG data capabilities that is designed to facilitate more customizable and detailed analysis for socially responsible investing (SRI) and risk analysis.
ESG Peer View enables investment professionals to compare a set of companies or industries by individual or sets of ESG data points, thus allowing for comparative analysis relative to peers. Peer analysis can be done by industry, geography, market capitalization, or a combination of these. By being able to evaluate a company relative to its peers, financial professionals may gain a deeper and more holistic view of the market to incorporate into their investment decisions and portfolio risk management.
“With socially responsible investing and use of ESG data in the mainstream of the asset management sector, there is a need for more related solutions for investment professionals,” said Pradeep Menon, managing director and global head of Investment and Advisory, Thomson Reuters. “ESG Peer View on Eikon provides a deep level of analysis that aims to empower asset managers to deliver greater value and results in their investing decisions.”
Thomson Reuters Eikon includes ESG data and scores for 6,000+ public companies with historical data going back to 2002, longer than other providers in the marketplace. In partnership with TruValue Labs, Eikon offers real-time ESG signals from 75,000 sources for portfolio structuring and company monitoring. Through Thomson Reuters Eikon, investment professionals can seamlessly integrate ESG factors into portfolio analysis, screening, and/or quantitative analysis. Eikon users can also utilize ESG data to help effectively meet investment mandates and identify potential risks across investment portfolios.
These capabilities are just one element of a wider portfolio of solutions designed to enable investment professionals interested in ESG and SRI. In tandem with the publication of the United Nations’ flagship emissions gap report, Thomson Reuters launched a new report “Global 250 Greenhouse Gas Emitters – A New Business Logic,” which presents the latest greenhouse gas emissions data from the world’s 250 largest publicly traded emitters. The report looks at best practices across the economy and aims to demonstrate the relationships between decarbonisation and long-term financial performance, and helps promote transparency in emissions data.