Sustainability data and technology firm ESG Book has developed a new service for The Future Investment Initiative (FII) Institute designed to improve ESG data generated from emerging markets.
Non-profit FII enlisted the Germany-based data vendor to create the Inclusive ESG Score to help companies within the regions better report on their sustainability efforts. It is hoped this will plug a US$5.4 billion ESG investment gap in emerging markets.
The initiative was unveiled at the FII’s flagship conference in Riyadh, Saudi Arabia this week.“The Inclusive ESG Score is
a next-generation tool for investors that identifies the sustainability leaders of today and tomorrow, with a transparent, data-driven approach that is tailored to emerging markets,” said ESG Book chief executive Daniel Klier. “Through this partnership, we look forward to providing a solution that enhances investment decision-making, and in turn helps to drive greater ESG investment flows to emerging market companies.”
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