Global investment manager Northern Trust Asset Management (NTAM) announced today the launch of the Northern Trust ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Vector Score, a new tool designed to determine the magnitude and direction of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. risks for companies, aimed at assessing companies.
According to NTAM, the new tool provides a consistent, transparent methodology to gain greater clarity into the financial impact of sustainability on companies, in order to build and manage sustainable portfolios.
NTAM President Shundrawn Thomas said:
“The Score aligns with the firm’s philosophy that investors should be compensated for the risks they take – in all market environments and any investment strategy. We consider this an essential tool to measure how a company is managing its ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. business risks.”
The new scoring solution comes as ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. investment scoring tools proliferate in the market, with varying information, reporting components and levels of transparency, and many investors noting that different systems provide significantly divergent ratings of companies. In order to provide a more consistent and transparent framework, the Northern Trust ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Vector Score brings together two leading sustainability disclosure standards and frameworks, the Sustainability Accounting Standards Board’s (SASB) Standards, and the Task Force on Climate-related Financial Disclosures’ (TCFD) Recommendations. The methodology applies TCFD’s anticipatory framework on governanceGovernance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights., strategy and risk management, beyond simply climate, to all financially material ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. risks across the SASB Standards, resulting in a comprehensive risk assessment, according to NTAM.
Thomas said:
“Managing more than $139 billion of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. assets, we’ve observed firsthand the challenges of navigating the increasing volume of data providers, varying information, and levels of transparency as interest in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. investing has accelerated. The Score solves this challenge, strengthening our ability to have a clearer picture of a company’s ESG-related business risks that could impact it’s performance.”
NTAM stated that it has already started using the ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Vector scores on products including its recently launched ETFs in EMEA, and plans on integrating the score into new equity and fixed income ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. investment strategies they are currently building, as well as for guiding stewardship activities.
NTAM Head of Global Product Sheri Hawkins said:
“NTAM plans on using the ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Vector Score to assist in prioritizing its corporate engagement, thus further aligning our sustainable investment platform and stewardship. This allows us to lead more deliberate engagements, as well as track progress over time with a consistent metric.”
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