Broadridge launches new ESG Performance Dashboard
To help companies better understand and monitor their ESG ratings, Broadridge Financial Solutions (NYSE:BR) has launched the Broadridge ESG Performance Dashboard.
This new dashboard provides companies with a single, streamlined consensus view of their ESG ratings and rankings based upon hundreds of sources, enabling them to better monitor and understand the factors that drive their ESG performance. With the Broadridge ESG Performance Dashboard, a single web-based solution, companies can pinpoint where they currently stand, determine how they can improve their ESG ratings and gain insight into their performance across environmental, community, employee, and governance issues.
“The Broadridge ESG Dashboard enables companies to reduce the noise and concentrate on the key issues and data to better understand where they stand and how to better focus their efforts,” said Dorothy Flynn President of Broadridge Corporate Issuer Solutions. “With asset managers increasingly focused on ESG-issues, companies need an easy tool that allows them to see through the clutter.”
Companies can access their composite score on a complimentary basis. A more in-depth offering is available which includes exporting up to five years of history and tracking trends across every sub-category for offline analysis and reporting. In the same way a credit report provides actionable insight to consumers, details included in the ESG Performance Dashboard can help corporations gain awareness on who is rating them, compare those ratings with peers and identify where they can improve perceptions.
The Broadridge ESG Performance Dashboard is based on a proprietary algorithm that converts over 300 million data points into a single number and is powered by the independent leader in ESG ratings, CSRHub LLC. The extensive data repository has 807 sources, including SRI/ESG analysis firms, government databases, publications and research reports, covering over 26,000 companies across 148 countries. The Dashboard is currently available in the United States and Canada.