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Dow Jones Launches New ESG Data Service Covering 6,000 Companies

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Dow Jones has begun offering sustainability scores on 6,000 companies in data sets that are aligned with Sustainability Accounting Standards Board (SASB) standards. The new service combines company-disclosed information and sentiment scores gathered from global news outlets. Companies assessed will be gauged across 26 sustainability categories and the data backtested an analysed using machine learning, the New York-based financial markets and information provider said.

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The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...