RepRisk, an environmental, social, and governance (ESG) data science firm, has teamed up with Apex Group to provide ESG risk data to the private market.
As part of the partnership, Apex’s ESG rating and advisory portal has been updated to include RepRisk analytics reports and cases data on private companies, allowing ESG insights to private companies and their investors.
Apex and RepRisk aim to close the gap for private companies by delivering an ESG tool based on data insights.
Alexandra Mihailescu Cichon, executive vice president sales and marketing at RepRisk, said: “RepRisk is the only ESG provider to systematically cover private companies. While our dataset grows every day, it currently includes more than 120,000 private companies worldwide, in every sector and market. RepRisk looks at what the world says about a company, not what a company says about itself – and in combination with Apex’s analysis on company disclosures and reporting, we’re able to provide a uniquely holistic picture of a company’s ESG profile.”
Andy Pitts-Tucker, managing director, Apex ESG ratings and advisory, explained that the partnership can play a role in influencing significant behavioural change, drive capital flows, and support clients as they look to improve their ESG performance.
“Apex ESG’s new platform was established to satisfy the demand from private markets for greater transparency through a high quality, global, independent, single-source ESG solution. We help investors to collect, verify and evaluate data on their portfolio companies and benchmark the quality and performance of that data to produce quantitative and comparable analysis. With access to RepRisk’s independent ESG data and insights, we are excited to provide a holistic perspective on each company," Pitts-Tucker added.
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