Refinitiv Launches New ESG Analytics Service

Refinitiv announced the launch of MarketPsych ESG Analytics, a new analytics tool to provide numerical ESG insights on companies and countries based on news and social media monitoring. To monitor perceptions of sustainability and ESG risk, Refinitiv and MarketPsych have partnered to create a multidimensional ESG analytics offering.  Refinitiv MarketPsych ESG Analytics complements Refinitiv’s existing ESG data by offering an external “outside-in” perspective on a company or country’s sustainability by processing millions of global articles and social media posts in near real-time. The software underlying the Refinitiv MarketPsych ESG Analytics is a complex AI-based natural language processing (NLP) engine, which locates, filters and scores environmental, social and governance (ESG)-themed content pertaining to specific companies as well as cities, regions and countries from tens of millions of authors in thousands of global resources - over 2 million credible articles and posts every day in a dozen languages. In this ESG data feed, scores on over 100 ESG themes and controversies are published in minutely, hourly, and daily updates. The data covers 30,000+ companies and 252 countries and territories. The data history extends back to 1998, and companies were added point-in-time to facilitate quantitative research and minimize survivorship bias. Scores are published on key ESG themes such as intellectual property violations, management scandals and ESG policy failures.