SIX Telekurs partners with RepRisk
23 September 2010 | 3159 views | 0
Source: SIX Telekurs
SIX Telekurs, a leading provider of international financial information, has partnered with Zurich-based RepRisk AG to offer data on environmental and social risks in its flagship display product Telekurs iD.
Environmental and social risks pose a threat to the reputation of a company and often have devastating consequences for its financial success. SIX Telekurs' iD display product helps to manage these potential threats.
Thanks to the collaboration between SIX Telekurs and RepRisk AG, the leading provider of dynamic data on environmental, social and governance (ESG) risks,
Telekurs iD now contains news and key data on the reputational risks faced by approximately 8,000 companies. This unique service is made possible by the RepRisk® data included at no extra cost in the Telekurs iD packages. The information contains valuable insights into companies which may represent a risk for investors.
"The collaboration with RepRisk will greatly enhance our product packages by offering ESG information that may significantly differ from the data published by companies themselves", explains Dirk Schütt, Product Management, SIX Telekurs. "This can be a good indicator of the actual environmental, social and governance performance."
RepRisk draws from independent third party sources including print media, news portals and online articles from over 700 NGOs as well as other independent websites, newsletters and blogs. It covers all major business languages.
Philipp Aeby, RepRisk's CEO, says: "We are very happy about partnering with SIX Telekurs and believe that the integration of our up-to-date sustainability data into Telekurs iD will give users a better understanding of the issues that could pose a financial, reputational or ethical risk for their investments or business relationships. There is an increasing awareness of the importance of including such extra-financial information in the analysis and investment decision-making process. Our data is a crucial contributory factor to making companies more transparent for investors, and ensuring compliance with internal and international standards."