RepRisk Partners With Fitch Group to Provide ESG Risk Data for Controversies Metrics in Sustainable Fitch ESG Ratings – Business Wire

RepRisk Partners With Fitch Group to Provide ESG Risk Data for Controversies Metrics in Sustainable Fitch ESG Ratings Business WireRepRisk Partners With Fitch Group to Provide ESG Risk Data for Controversies Metrics in Sustainable Fitch ESG Ratings Business WireRepRisk Partners With Fitch Group to Provide ESG Risk Data for Controversies Metrics in Sustainable Fitch ESG Ratings Business Wire

ZURICH—-(BUSINESS WIRE)–Fitch Group is a global leader of financial information services. It has launched Sustainable Fitch, an enhanced ESG offering. Sustainable Fitch will use data from RepRisk. RepRisk is a leading ESG data scientist firm that combines machine learning and human intelligence to identify ESG risk. RepRisk’s ESG Risk Platform data, as well as other data, will be used to improve Sustainable Fitch’s ESG Ratings and evaluations. They will also use data from other sources. The RepRisk ESG Risk Platform, which covers 180,000 companies in every sector and market, is the largest and most comprehensive database on ESG risks. It offers daily-updated, qualitative research and quantitative risk metrics as well as analytics for ESG integration. RepRisk data will improve Sustainable Fitch’s ESG Ratings and evaluations of corporate and institutional issuers. This will allow investors and corporations to better understand their ESG risk and credit materiality. This data is essential in improving the risk management process and decision-making for these businesses. Andrew Steel, Head, Sustainable Fitch, stated: “We are very pleased to partner With RepRisk for data on controversies. Their data will be used by our ESG analysts to identify potential environmental and social problems involving entities or projects that we rate, as well as those which are part of our EU Green Bond standard alignment. RepRisk is thrilled to be a key ESG partner for Sustainable Fitch. RepRisk was founded almost two decades ago out of credit risk management. As such, Alexandra Mihailescu Cichon (Executive Vice President of Sales & Marketing at RepRisk) said, “RepRisk’s excited to be a major ESG data partner to Sustainable Fitch – RepRisk was born from credit risk management almost twenty years ago. So we’re delighted to be working with a global leader to strengthen ESG in credit rating projects and to align with our EU Green Bond standard alignment.” Our risk-focused data, which goes beyond company disclosures, helps investors identify and assess ESG risks that could have a negative impact on a company’s bottom line financial, reputational, or compliance. RepRisk was founded in 1998 and is based in Switzerland. It is a pioneer of ESG data science. RepRisk uses AI and machine learning to analyze public information and identify ESG risks. RepRisk’s flagship product is the RepRisk ESG risk Platform. It is the largest and most comprehensive database on ESG and business conduct risk. It covers 180,000+ companies and 45,000+ infrastructure projects. RepRisk has been trusted by the world’s most important financial institutions and corporations for risk management and due diligence across their operations, business relationships and investments for more than a decade. Learn more at reprisk.com.

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