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Broadridge Launches ESG Advisory Services

New offering with Third Economy rapidly accelerates corporate and institutional ESG strategies

NEW YORK, NY– January 28, 2021 - To better help companies and investors enhance their Environmental, Social and Governance (ESG) programs, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, and Third Economy, a leader in sustainable investment research and advisory services, have launched an ESG Advisory Service. This new service, leveraging proprietary data, will help corporate issuers and asset managers improve sustainability strategies while effectively positioning their ESG programs with stakeholders.

“Companies are making corporate responsibility initiatives part of their business strategy as more retail and institutional investors raise ESG concerns and seek the long-term performance advantages and benefits of ESG-focused businesses,” said Dorothy Flynn, President of Corporate Issuer Solutions at Broadridge. “Investors and other stakeholders are increasingly looking at ESG disclosures as a fundamental expectation, driving the need for additional connectivity between companies, investors and other stakeholders.”

This new ESG Advisory Service combines Broadridge’s data, technology and communications expertise and Third Economy’s proprietary methodology for systematically evaluating sustainable investment efforts of companies, enabling clients to move from strategy through execution to communication by:

  • Benchmarking ESG efforts to peers and industry best practices to identify areas for improvement
  • Aligning ESG capabilities with emerging frameworks and standards, such as Sustainability Accounting Standards Board (SASB), Carbon Disclosure Project (CDP) and the Task Force on Climate-Related Financial Disclosures (TCFD)
  • Creating a roadmap for companies’ ESG journeys, including policy and program development; metrics for measuring performance over time; ESG goals; and corresponding goal results disclosures
  • Enhancing an ESG program through all aspects of shareholder communications, including ESG and Sustainability reports, proxy statements, and annual reports, and delivering them on the channels that investors and other stakeholders prefer and expect
  • Calculating carbon footprints and setting long-term environmental impact reduction goals and help improve ESG ratings
  • Helping asset managers align corporate ESG strategies with product development

Broadridge further assists issuers and asset managers in transforming their investor communications by optimizing print while accelerating digital and paperless adoption – essential components of an ESG strategy.

About Third Economy

Third Economy is a sustainable investment research and consulting firm founded in 2018 by Chad Spitler, a former BlackRock executive. It works with corporations, investors and other segments of the financial industry to analyze how sustainability factors impact financial value. Third Economy helps corporate and institutional investor clients leverage this understanding to enhance and promote their own capabilities, thus building a more sustainable economy. Learn more at thirdeconomy.com.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $4.5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. In addition, Broadridge’s technology and operations platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is a part of the S&P 500® Index, employing over 12,000 associates in 17 countries. For more information about us and what we can do for you, please visit www.broadridge.com.

To contact media relations, please email us at mediarelations@broadridge.com.