Benchmark company ESG practices vs. peers and
industry through ESG Analyzer's dashboard
NEW
YORK, Jan. 23, 2023 /PRNewswire/ -- 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.
Comparative Analysis
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
- Governance: Board, leadership ethics, transparency &
reporting
Examples of questions and topics that a company might wish to
search include:
- How does the company compare on its total direct emissions
(MTCO2e)?
- How does the company compare in how it fosters employee
engagement in voluntary community work?
- How does the company compare on average hourly wages for hourly
employees?
- How does the company compare in percentage of females on the
board of directors?
Better Line of Sight
ESG Analyzer also tracks disclosures across leading ESG
frameworks including:
- SASB: Sustainability Accounting Standards Board
- GRI: Global Reporting Initiate
- TCFD: Task Force on Climate Related Financial Disclosure
- SFDR: Sustainable Finance Disclosure Regulation
- UNGC: United National Global Compact
Click here to learn more about the ESG Analyzer
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with $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 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 U.S. $9 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.
Broadridge Contacts:
Investors:
Edings
Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Tatjana
Kulkarni
Corporate Communications
Tatjana.kulkarni@broadridge.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/esg-disclosure-data-analytics-and-benchmarking-made-simple-by-new-broadridge-tool--esg-analyzer-301727585.html
SOURCE Broadridge Financial Solutions, Inc.