ESG Disclosure, Data Analytics and Benchmarking Made Simple by New Broadridge Tool – ESG Analyzer
Benchmark company ESG practices vs. peers and industry through ESG Analyzer’s dashboard
NEW YORK, January 23, 2023 – A company’s Environmental, Social and Governance (ESG) practices and their associated ratings have become important elements of a company’s reputation and crucial measurements for management, board members, investors, analysts, regulators, customers and employees. Understanding the drivers of ESG reputation and ratings is a complex, onerous and costly process. To enable companies to better understand how they compare to their chosen peers and their industry and to help them improve their ESG strategy and practices, Broadridge Financial Solutions, Inc. (NYSE:BR) is introducing ESG Analyzer, a new web based ESG disclosure and data analytics benchmarking tool that delivers timely, high-quality, cost-effective, transparent data and insights.
“This is the perfect tool for management to understand their strengths and weaknesses on ESG issues, enabling them to see how they compare to peers and create a plan to improve their performance and disclosures where needed,” said Joseph Vicari, Vice President and Practice Lead, Corporate Issuer at Broadridge.
Simplifying the ESG Strategy
The ESG Analyzer allows companies to seamlessly view all of their ESG metrics in a single dashboard, compare their data side-by-side with peers companies to better understand how stakeholders are viewing their ESG performance. Easier access and a clear view of this comprehensive data and insights will help companies to better manage an effective and impactful ESG strategy. Furthermore, the ESG Analyzer, which leverages AI to deliver aggregated data, is more time efficient and cost effective than other existing methods of accessing and analyzing this data.
Broadridge’s new ESG Analyzer will empower companies to compare how their ESG performance and disclosures measure up against their chosen peer groups and industry. This will enable companies to improve their ESG prioritization and required resources and better inform their disclosure strategy by providing comparative data that provides perspective.
For more than 5,000 companies in North America, the ESG Analyzer compares company policies and disclosures from more than 385 ESG topics including categories like:
Environmental: Energy & climate change, policy & reporting, resource management
Social - Community: community development, product, human rights & supply chain
Social - Employees: compensation & benefits, diversity, labor rights, training, health & safety
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for 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. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.