The upgrade includes a SASB Framework that allows users to identify and assess industry-specific material ESG risks along with SASB standards.
RepRisk AG, a leading ESG data science firm, has reportedly announced the launch of an upgraded version of its ESG Risk Platform, a comprehensive due diligence database on ESG & business conduct risks.
Commenting on the development, RepRisk CEO, Philipp Aeby said that their company has been at the forefront of ESG data science for years, shaping up as the first firm to utilize big data techniques to understand ESG risks in 2006.
RepRisk is combining advanced machine learning that helps drive size, speed and scale of their database with human intelligence for providing depth & relevance to its data. With this approach, the company now has unique risk profiles for over 140,000 private and public companies and over 35,000 infrastructure projects.
Adding further, Aeby said that RepRisk have integrated SASB (Sustainability Accounting Standards Board) Framework in the newly announced version, a feature that allows users to identify and assess industry-specific material ESG risks along with the SASB standards. The platform is updated on a daily basis, helping clients make timely and actionable decisions, claims Aeby.
Developed as a due diligence tool in the year 2006, the ESG Risk Platform is the firm’s flagship product and one of the largest database on business conduct risks and ESG. Delivered as a SaaS (Software as a Service), ESG Risk Platform allows users to conduct in-depth risk research on infrastructure projects, companies, sectors, and countries, or check ESG risks daily through a customizable Watchlists and a personalized email Alert Service.
As for RepRisk, the company was founded in 1998 and is currently headquartered in Switzerland. It is a leader in ESG data science that combines AI, machine learning and human intelligence to analyze public information and recognize material ESG risks.