Broadridge has introduced an environmental, social and governance (ESG) Performance Dashboard for companies to better understand and monitor their ESG ratings.
The global financial technology company says the launch of its single web-based solution comes as firms' ESG ratings become increasingly important to investors and shareholders, and achieving an accurate comprehensive understanding of those ratings has grown more complex and time-consuming.
The solution, which is currently available in the US and Canada, provides companies with a single, streamlined consensus view of their ESG ratings and rankings based upon hundreds of sources, enabling them to monitor and understand the factors that drive their ESG performance.
Additionally, companies can determine how they can improve their ESG ratings and gain insight into their performance across environmental, community, employee, and governance issues.
Speaking on the announcement, Dorothy Flynn, president of Broadridge Corporate Issuer Solutions, says: 鈥淭he Broadridge ESG Dashboard enables companies to reduce the noise and concentrate on the key issues and data to better understand where they stand and how to better focus their efforts. With asset managers increasingly focused on ESG-issues, companies need an easy tool that allows them to see through the clutter.鈥
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