Fintech solutions provider Broadridge Financial Solutions announced today the launch of ESG Analyzer, a new ESG disclosure and data analytics benchmarking tool aimed at enabling companies to compare their ESG performance relative to their industry and peer group, and improve ESG strategy and practices.

According to Broadridge, the new tool provides a repository of public ESG disclosures and underlying metrics, covering more than 5,000 issuers in North America and incorporating more than 2 million data points across a broad range of ESG and sustainability topics. The tool enables companies to view all of their ESG metrics in a single dashboard, and compare data side by side with peer companies, understanding what information peers are or are not providing, and which commitments they have made. ESG Analyzer also enables user to view how they and their peers align with leading ESG frameworks, and tracks disclosures including SASB, GRI, TCFD, SFDR and UNGC.

Broadridge provided examples of questions and topics that companies could search using the new tool, including “How does the company compare on its total direct emissions (MTCO2e)?,” “How does the company compare in percentage of females on the board of directors?,” and “How does the company compare in how it fosters employee engagement in voluntary community work?”

Joseph Vicari, Vice President and Practice Lead, Corporate Issuer at Broadridge, said:

“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.”

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