Published on September 4th, 2014 | by Joshua S Hill1
Thomson Reuters Launches New Responsible Investment Indices
September 4th, 2014 by Joshua S Hill
Thomson Reuters, the world’s self-proclaimed leaders in intelligent information for businesses and professionals, announced Tuesday the launch of a new suite of indices set to measure environmental, social, and governance (ESG) practices at European companies.
The Thomson Reuters Corporate Responsibility Indices are said to provide “a comprehensive, objective and transparent rules-based benchmarking solution for measuring global ESG performance.”
“As responsible ESG investing continues to gain traction around the world, Thomson Reuters remains committed to delivering the most comprehensive and transparent family of indices available today in order to give investors the benchmarks they need to make informed decisions,” said Stephan Flagel, head of Indices at Thomson Reuters.
“The new Thomson Reuters CRI Europe Indices, in combination with our wider ESG related services, offer a very powerful proposition for all ESG conscious individuals and institutions.”
The Indices join a larger connected suite of ESG related products and services provided by the company, linked into the databases of Thomson Reuters ASSET4, Thomson Reuters Corporate Responsibility Ratings and the Thomson Reuters CRI Indices.
Live calculation began on July 28, 2014, and contains historical data dating back to December 31, 2007. The Indices will allow investors the opportunity to continue moving towards a more responsible, and often-times, more environmentally friendly investing practices.
“The Thomson Reuters CRI Europe Indices mean that investors are now able to measure the performance of European markets whilst being assured that all included stocks have ESG ratings superior to the weighted average for indices such as the S&P 500 or MSCI EAFE,” said Joseph LaCorte, president of S Network Global Indexes which serves as consultant to Thomson Reuters on the development and maintenance of the indices and ratings.
“These new indices, coupled with the strength of the ASSET4 database, reinforce Thomson Reuters as a leading provider of ESG data.”