RavenPack wins Best ESG data provider award

July 11, 2023

WatersTechnology Asia Awards acknowledged the team’s targeted work in detecting ESG controversies and presenting them in a systematic way that quantitative and discretionary investors can leverage to monitor portfolios at scale.

RavenPack received the Best ESG Data Provider award at the WatersTechnology Asia Awards 2023 , a prestigious competition that celebrates remarkable accomplishments in financial information and technology management.

The award acknowledges RavenPack's contribution in enabling finance professionals to gain a comprehensive view of a company's sustainability profile. This is especially crucial as sustainability data is predominantly unstructured, making it challenging to consume it systematically. As a result, relevant sustainability signals often go unnoticed by practitioners.

Peter Hafez, RavenPack’s Chief Data Scientist , commented:

"The first challenge of ESG investing is measuring ESG in the context of a company’s activities. The second is to do it in a timely manner. Our purpose-built ESG event taxonomy is the reason investors choose to work with us on early detection, classification, and reporting of emerging ESG controversies, and our proprietary research has identified how to profitably trade those insights across equities and corporate bond portfolios.”

Peter Hafez
Peter Hafez

Chief Data Scientist

RavenPack

Our purpose-built ESG event taxonomy is the reason investors choose to work with us on early detection, classification, and reporting of emerging ESG controversies.

RavenPack's ESG Controversy Scoring framework uses real-time detection of events from over 40,000 news sources in 13 languages to assess a firm's ESG controversy exposure. RavenPack's taxonomy includes nearly 7,400 events, with 171 related to ESG controversies, providing high specificity in measurement.

It serves both quantitative strategies, as well as discretionary approaches, as some of the findings from the ESG controversy framework are conveniently presented as scores or indicators, updated regularly. Moreover, RavenPack publishers weekly the top 10 ESG controversy movers on monitoring events from over 40,000 news and social sources.



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