Technology
San Francisco Firm Aims To Give Objective View Of ESG Scores
Environmental, social and governance issues are now considered important measures of firms' performance.
San Francisco-headquartered TruValue Labs, which
uses masses of data to help clients see how environmental, social
and governance ideas are driving business, has rolled out a new
indicator that harnesses artificial intelligence (aka AI) and
“big data”.
The firm’s ESG Momentum Score aims to show trends in performance
along ESG guidelines based in daily data, TruValue Labs said in a
statement. The offering is designed to get around the current
problem of how much ESG information comes from companies, rather
than external sources.
While still a controversial topic, TruValue Labs said in a
statement that there is a link between momentum towards achieving
ESG goals and investment results.
TruValue Labs’ Insight360™ suite of products now includes an ESG
Momentum Score™, which quantifies the positive or negative ESG
momentum of a company.
