Dow Jones publishes ESG scores on 6,000+ shares

Rick Steves

Initially available via a feed, the data sets were designed for institutional investors to integrate into portfolio management and strategy systems. 

Dow Jones

Dow Jones has made available its sustainability data sets for ESG practices so that asset managers can make sustainable investment decisions and better engage the growing audience of purpose-driven investors.

The initial offering, with scores and sentiment on more than 6,000 publicly traded companies, aims to help understand the performance and impact of a company’s Environmental, Social and Governance (ESG) practices.

ESG sentiment and scores that can help portfolio managers

Joe Cappitelli, general manager of Dow Jones Newswires, said: “We’ve seen a significant surge in sustainable investing as the next generation of investors wants their portfolios to have a positive impact on the world in addition to financial gains. Financial professionals are looking for a comprehensive view of companies’ ESG practices; however, what they currently find are opaque data sources, lacking in detail and up-to-date information. Our innovative model supplements company self-reporting with news data to provide trusted, timely ESG sentiment and scores that can help portfolio managers optimize strategy and design products for the future of investing.”

Glenn Hall, editor, Professional News at Dow Jones, added: “We are seeing a wave of new policy and regulatory changes in the sustainable investment space that is driving demand for better data. As investors navigate these changes and increasingly consider more nonfinancial factors, they need a robust and dynamic way of evaluating how well companies are managing the impact they may have on people and the planet. Our vast news and data offering gives asset managers the facts and insights they need to more effectively manage their portfolios and stay ahead of new regulatory requirements.”

The scoring model combines company-disclosed data with news from thousands of global sources, in a “uniquely” news-driven methodology aligned with the Sustainability Accounting Standards Board (SASB) Standards. Daily news sentiment and scoring updates ensure financial firms are basing sustainable investment decisions on information that is more timely and transparent than self-reported data alone.

The ESG scores cover five sustainability dimensions and 26 categories and are being published to address rising regulation on the matter in order to provide greater transparency about how financial firms are accounting for sustainability risks, and integrating ESG into the investment process.

Developed by The Wall Street Journal and Arabesque S-Ray

Dow Jones’s sustainability scoring methodology was created by The Wall Street Journal’s editorial team and the data model was co-developed with Arabesque S-Ray.

Institutional investors will be able to build ESG portfolios with confidence thanks to Dow Jones methodology powered by machine learning techniques and human expertise.

The new data set includes company scores and sentiment on more than 6,000 companies around the world which are evaluated and rated across 26 categories of sustainability.

Dow Jones’s sustainability data can be filtered by Industry, Category and Country Scoring, with granular data, news signals and scoring weighted for industry relevance.

Initially available via a feed, the data sets were designed for institutional investors to integrate into portfolio management and strategy systems.

Read this next

blockdag

Groundbreaking Innovations in BlockDAG’s Keynote 2 Drive Over 1120% Increase; Toncoin & Celestia Prices Rise

Explore BlockDAG’s Keynote 2, detailing the cutting-edge technical advancements that led to a significant presale boom. Discover how these innovations have driven BlockDAG’s success, and get the latest updates on Celestia and Toncoin prices.

blockdag

BlockDAG X1 Beta App Pioneers in Crypto Mining Amidst Ethereum vs Solana Rivalry and XRP Price Increase

Dive into the details of BlockDAG’s X1 beta app’s global tech presence in Shibuya, Las Vegas, and Piccadilly Circus and its pre-sale triumph during a spike in Ethereum, Solana, and XRP values.

blockdag

BlockDAG Hits $50.4M with Active Dev Release & Community Engagement; Binance Coin Price Drops and JasmyCoin Rallies

Explore how BlockDAG bolsters its reputation through a steady stream of Development releases. Get insights on Binance Coin price trends and the recent Jasmy Coin rally.

Crypto Insider

5 Upcoming Crypto for 10x Gains: How $1000 Can Become $10,000

Consider a situation where a $1000 investment may grow to a whopping $10,000. Astute Bitcoin investors have experienced this as a reality rather than a fantasy.

Retail FX

Weekly Roundup: eToro links up with Elon Musk, US crackdown on Russian FX

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

blockdag

Must-Watch Top 5 Crypto Picks for Q2 2024 Featuring BlockDAG, Toncoin, Solana and More

Dive into BlockDAG’s meteoric rise and explore other promising altcoins like Pepe, Toncoin, Solana, and Render for superior returns.

Retail FX

Clone of Admiral Markets draws FCA attention

The United Kingdom’s financial markets watchdog today unmasked another fraudulent entity, this time bringing to light a clone firm that has been posing as FCA-‎authorised brand, Admiral Markets UK Ltd.

Digital Assets

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program as part of a settlement with the New York Attorney General (NYAG), announced on Friday.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

<