S&P Global has launched an environmental, social and governance (ESG) scores methodology that covers over 7,300 companies representing 95% of global market capitalisation.
The scores will be based on the SAM Corporate Sustainability Assessment (CSA), which was acquired from RobecoSAM in January.
SAM data will serve as S&P Global’s standard for material financial and non-financial disclosures while informing all ESG research across the firm’s divisions.
The scores will be made available to investors via Xpressfeed, S&P Global Market Intelligence’s data feed management solution.
The firm said ESG Scores was launched in order to meet the growing demand to integrate ESG factors into corporate investment and business strategies.
Martina Cheung (pictured), President of S&P Global Market Intelligence, commented: “The S&P Global ESG Scores are backed by 20 years of SAM’s assessments enabling market participants to optimise their portfolios and allocate capital towards positive ESG performance.”
Evan Greenfield, global head of ESG at S&P Global, added: “The S&P Global ESG Scores are driven by deep corporate engagement derived from private and public data.
“The appetite for more robust and differentiated ESG insights for investors is increasing, and we are focused on meeting the need for high-quality, actionable ESG solutions.”
Sign up to ETF Stream’s weekly email here