Broadridge Financial Solutions, a global Fintech provider, and Third Economy, a specialist in sustainable investment research and advisory services, have launched an ESG Advisory Service. This new service, leveraging proprietary data, will help corporate issuers and asset managers improve sustainability strategies while positioning their ESG programs with stakeholders.
“Companies are making corporate responsibility initiatives part of their business strategy as more retail and institutional investors raise ESG concerns and seek the long-term performance advantages and benefits of ESG-focused businesses,” said Dorothy Flynn, President of Corporate Issuer Solutions at Broadridge. “Investors and other stakeholders are increasingly looking at ESG disclosures as a fundamental expectation, driving the need for additional connectivity between companies, investors and other stakeholders.”
This new ESG Advisory Service combines Broadridge’s data, technology and communications expertise and Third Economy’s proprietary methodology for systematically evaluating sustainable investment efforts of companies. Benefits include:
- Benchmarking ESG efforts to peers and industry best practices to identify areas for improvement
- Aligning ESG capabilities with emerging frameworks and standards, such as Sustainability Accounting Standards Board, Carbon Disclosure Project and the Task Force on Climate-Related Financial Disclosures
- Creating a roadmap for companies’ ESG journeys, including policy and program development, metrics for measuring performance over time, ESG goals and corresponding goal results disclosures
- Enhancing an ESG program through shareholder communications, including ESG and Sustainability reports, proxy statements and annual reports
- Calculating carbon footprints and setting long-term environmental impact reduction goals and help improve ESG ratings
- Helping asset managers align corporate ESG strategies with product development
About Broadridge
Broadridge Financial Solutions, Inc., a $4.5 billion global Fintech leader, is a leading provider of investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. Broadridge's infrastructure underpins proxy voting services for over 50 percent of public companies and mutual funds globally, and processes on average more than U.S. $10 trillion in fixed income and equity securities trades per day. Broadridge is part of the S&P 500® Index and employs over 12,000 associates in 17 countries.
