Thomson Reuters Launches Corporate Responsibility Indices to Measure European ESG Performance

Loading...
Loading...
Thomson Reuters Launches Corporate Responsibility Indices to Measure European ESG Performance
 
NEW YORK/LONDON, September 2, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the launch of a suite of indices to measure the performance of European companies with superior ratings for Environmental, Social and Corporate Governance (ESG) practices.  The Europe indices are one part of the global family of Thomson Reuters Corporate Responsibility Indices (CRI) that provide a comprehensive, objective and transparent rules-based benchmarking solution for measuring global ESG performance.
 
The Thomson Reuters CRI Europe Indices are part of a connected suite of ESG related products and services, which brings together the databases of Thomson Reuters ASSET4, Thomson Reuters Corporate Responsibility Ratings and the Thomson Reuters CRI Indices, all of which are available through Thomson Reuters Eikon. The Thomson Reuters CRI Indices use this network of data, analytics and tools to allow investors to apply filters based on the industry, country and regional focus of a company's operations. The indices remain objective and transparent through a greater emphasis on quantitative outcomes rather than qualitative corporate statements. Additionally, the process does not use negative screening to exclude certain industries, resulting in more precise and diversified benchmarks.
 
"As responsible ESG investing continues to gain traction around the world, Thomson Reuters remains committed to delivering the most comprehensive and transparent family of indices available today in order to give investors the benchmarks they need to make informed decisions," said Stephan Flagel, head of Indices at Thomson Reuters. "The new Thomson Reuters CRI Europe Indices, in combination with our wider ESG related services, offer a very powerful proposition for all ESG conscious individuals and institutions."
 
"The Thomson Reuters CRI Europe Indices mean that investors are now able to measure the performance of European markets whilst being assured that all included stocks have ESG ratings superior to the weighted average for indices such as the S&P 500 or MSCI EAFE," said Joseph LaCorte, president of S Network Global Indexes which serves as consultant to Thomson Reuters on the development and maintenance of the indices and ratings. "These new indices, coupled with the strength of the ASSET4 database, reinforce Thomson Reuters as a leading provider of ESG data."
 
Live calculation of the indices began on July 28, 2014.  Historical data is available from December 31, 2007. Detailed information on the Thomson Reuters CRI Europe Indices including rules, constituent weights, historical performance data and quarterly snapshots can be found on www.trcri.com.
 
The Thomson Reuters CRI Europe Indices:
Thomson Reuters CRI Europe ESG Index
Thomson Reuters CRI Europe Environmental Index
Thomson Reuters CRI Europe Governance Index
Thomson Reuters CRI Europe Social Index
 
Thomson Reuters ASSET4 provides objective, relevant and in-depth environmental, social and governance data, enabling socially responsible investment analysis. The database contains information on 3,400+ global companies and over 750+ data points including all ethical screening criteria and aspects of sustainability performance.
 
The Thomson Reuters CRI Indices and Corporate Responsibility Ratings are part of a wider suite of indices available from Thomson Reuters. Thomson Reuters provides innovative indices and index-related services to the global financial community to help investors make better decisions. Thomson Reuters index clients and partners rely upon the unparalleled breadth, depth, global network and vast data and content sets that Thomson Reuters provides. Backed by the content, data, independence and global information network of Thomson Reuters, our indices and index services are designed to suit any need. For more information, go to Thomson Reuters Indices.
 
 
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com.
 
 
CONTACTS
 
Lauren Herman
Public Relations, Financial & Risk
Thomson Reuters
Office +1 646 223 5985
Lauren.herman@thomsonreuters.com
 
Brian Mairs
PR Director, Financial Sectors
Thomson Reuters                                 
Office +44 20 7542 7866
brian.mairs@thomsonreuters.com




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Globenewswire

HUG#1852032
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...