Refinitiv Debuts ESG Scores for Funds
(10 July 2020 – Asia) Refinitiv has launched Lipper Fund ESG Scores to serve as a pivotal data-metric in the transition to sustainable investing, providing comparisons at the fund level for fund managers, advisors and investors.
The Scores brings together Refinitiv’s scoring methodology with Lipper's universe of 330,000 fund share classes and environmental, social and governance (ESG) coverage on over 9,000 companies, accounting for 80 percent of the global market capitalisation.
ESG scores for more than 19,000 portfolios, representing $15.7 trillion in total net assets across equity, bonds and mixed funds will be provided.
Refinitv’s scoring methodology assesses funds based on 10 main themes, including emissions, environmental product innovation, diversity and inclusion, human rights and shareholders, against publicly reported data from the constituents within.
“ESG scores are a uniquely effective way to assess performance across industries, factoring in issues such as materiality and transparency stimulation, and serve as an objective and impartial assessment of the importance of each ESG theme to different industries,” said Refinitiv CEO David Craig.