Unprecedented Database of 600M ESG Data Points Enhances Corporate Sustainability Globally
In a significant milestone for the field of sustainable investing, CSRHub, a leading provider of environmental, social, and governance (ESG) data, has announced the creation of an unprecedented database containing a staggering 600 million pieces of ESG data. This comprehensive dataset covers over 50,000 entities, making it one of the most extensive collections of ESG information available.
Over the course of 15 years, CSRHub has worked tirelessly to compile this vast database. Their mission is to utilize consensus ratings of company ESG performance as a catalyst for driving improvements in corporate sustainability. With a reach that now spans 156 countries, CSRHub’s database enables companies, investors, consultants, and researchers to make informed decisions based on reliable data.
Of the 53,427 entities included in CSRHub’s database, 32,648 have received ratings, and an impressive 20,779 entities have achieved full ratings. What sets CSRHub apart is their commitment to providing an extensive range of sources for each entity’s rating. In fact, they now offer an average of 9.54 rating sources per entity.
Driving this expansion in coverage and enhancing the quality of their ratings is the seamless integration of new data sources into CSRHub’s database. Over the past three years alone, they have incorporated valuable data from 97 new sources, bolstering the robustness and accuracy of their ratings.
One notable addition to CSRHub’s lineup of data sources is CDP, a globally recognized non-profit organization that manages the world’s foremost environmental disclosure system. CDP’s data is a valuable asset for CSRHub’s ESG ratings, as it includes information on companies’ participation in environmental measurement systems such as carbon measurement, water management, timber practices, cattle products, and palm oil systems. Leveraging CDP’s impact measurement approach, CSRHub enables companies, non-profits, and government groups to access support and engage with initiatives that promote sustainability.
Another valuable collaboration is with GaiaLens, a fintech platform that integrates ESG information from structured and unstructured sources. GaiaLens provides real-time ESG signals on 17,000 public companies, supplementing CSRHub’s consensus ESG performance signal. GaiaLens’ data is particularly useful for investment decision-making purposes, benefiting not only corporate managers but also investors, consultants, and researchers.
Furthermore, CSRHub has joined forces with Integrum ESG, a ratings agency known for its commitment to transparency. Integrum ESG’s approach, which they call glass box, allows for the scrutiny of underlying raw data tied to each rating. By providing access to company disclosures and leveraging natural language processing (NLP) systems, Integrum ESG offers a unique level of clarity and visibility into ESG ratings.
Lastly, InvestVerte offers a distinctive approach to ESG ratings. Unlike many investors who primarily use ESG data for regulatory or marketing compliance, InvestVerte caters specifically to investors seeking to enhance their investment returns through ESG signals. Their machine learning algorithms scour various sources for ESG-related information, validating and enhancing results for investment purposes. This partnership brings another valuable perspective to CSRHub’s comprehensive ESG database.
With its unprecedented database of 600 million ESG data points, CSRHub is poised to revolutionize the way companies, investors, consultants, and researchers approach sustainability. Providing a wealth of reliable and diverse information, CSRHub empowers stakeholders across the globe to drive positive change and enhance corporate sustainability.
