Capital.com signs agreement with Refinitiv on ESG data
Investment trading platform Capital.com today announced a strategic agreement with Refinitiv, a London Stock Exchange Group business, to provide investors and traders with environmental, social and governance (ESG) data.
With this agreement, traders can directly access ESG scores and financial data from the Capital.com platform to help them make sustainable investment and trading decisions.
Refinitiv offers one of the most comprehensive ESG databases in the industry, underpinned by more than 450 different ESG metrics. It measures a company’s relative ESG performance, commitment and effectiveness across 10 main themes, namely emissions, environmental product innovation, human rights, and shareholders based on publicly-reported data.
Commenting on the collaboration, Kypros Zoumidou, Chief Commercial Director, Capital.com, said:
“More and more investments are now linked to ESG criteria but much of this remains under the exclusive purview of institutional fund managers. Investors have to pay managers expensive fees if they want to participate in ESG investments. We do not think this should be the case.
To further break down the barriers to investing and to empower more people to make sustainable investment decisions for themselves, we have incorporated Refinitiv’s market leading ESG data into the platform. Traders will have comprehensive ESG data at their fingertips, at no cost, at the precise moment they need to make an investment decision”.
Refinitiv uses proprietary data feeds powered by artificial intelligence to provide a more timely view of a company and its ESG goals based on news and social media.
Sune Mortensen, Head of Investment & Wealth Solutions, Data & Analytics, LSEG, said:
“We are delighted to collaborate with Capital.com and offer users the ability to combine and analyse ESG data using cutting-edge applications for in-depth analysis. Together with Capital.com we have decided to enhance the information accessible to the traders by adding a layer of Artificial Intelligence. This will further ensure precision and relevance. Besides that, it enhances the overall user-experience for the traders on the Capital.com platform.”
In addition to Refinitiv’s real-time ESG data, traders will have access to economic calendars, quantitative stock reports, global financial news services including access to Reuters news and exclusive insights, as well as AI-enabled sentiment analysis.
Today’s announcement marks Capital.com’s commitment to support its clients with extensive education resources including data, analytics and research to help them make informed investment decisions.
To help self-directed investors on their investment journey, Capital.com provides an extensive repository of information, insights and analysis including a free educational app that they can use on the go, Investmate. The Capital.com platform also hosts a demo site, regular news feed, as well as more than 5,000 pages of immersive financial content available on its website and through its YouTube trading channel, Capital.com TV.