ACCESS Newswire
15 Oct 2020, 18:31 GMT+10
Timely SDG products cover a universe of more than 19,000 firms mined from over 100,000 data sources
SAN FRANCISCO, CA / ACCESSWIRE / October 15, 2020 / Truvalue Labs, a leading provider of AI-driven environmental, social and governance (ESG) data, today announced it has launched a suite of SDG data products that capture both positive and negative company performance related to the United Nations Sustainable Development Goals in real time, uncovering both risks and opportunities.
Truvalue Labs SDG Data gives investors a powerful dataset to measure company alignment to the SDGs based on real-world actions and impacts - an industry first, as this is typically measured on the basis of revenue. The dataset covers a universe of over 19,000 public and private companies with history from 2007 to today. A second dataset, Truvalue SDG Spotlight Events uses a proprietary algorithm to surface the most impactful positive and negative events for each sustainable development goal.
'We appreciate the independent perspective on company performance that Truvalue Labs provides through its ESG data,' said Faith Ward, Chief Responsible Investment Officer, Brunel Pension Partnership Limited. 'We're excited to see Truvalue Labs harnessing its AI acumen to help investors report on real world outcomes for beneficiaries - and doing so through the framework of the UN Sustainable Development Goals.'
'We're thrilled to introduce this first-of-its-kind product suite built around the Sustainable Development Goals that fills a void in the impact investment space and makes SDG analysis truly actionable,' said Hendrik Bartel, CEO and Co-founder of Truvalue Labs. 'This new offering showcases the power of our AI Engine which enables us to quickly develop and launch products around new frameworks. Rapid, flexible product development is critical in keeping up with evolving regulations and helping investors to meet their client demands.'
The Truvalue SDG datasets will help investors understand how a company's operations, products, or services align with SDG goals, or hinder progress. The data, that is generated by analyzing information from more than 100,000 sources including global and local news, trade publications, government, academic, NGOs and legal publications, empowers investors to:
Today's announcement comes just weeks before Truvalue Labs is set to host their virtual ESG Investing Forum, occurring October 27-29 and featuring keynote speakers from leading global companies. While COVID-19 has upended industry events, this complimentary event for investment professionals is dedicated to exploring the latest ESG trends, groundbreaking research and the key strategies to adapt to a changing world. For more information on the forum, visit: https://truvaluelabs.com/events/esg-investing-forum-2020-virtual
About Truvalue Labs™
Truvalue Labs is the first company to apply artificial intelligence (AI) to uncover timely and material Environmental, Social, and Governance (ESG) information at scale. The company's mission is to deliver increased transparency to investment professionals by providing data and analytics that go beyond traditional fundamentals. It is backed by investors including Series A round lead Katalyst Ventures, based in San Francisco. The award-winning products, Truvalue Platform™, Truvalue Data™ and Truvalue Cloud™, deliver investable insights by revealing value and risk factors from unstructured data at the speed of current events. Visit www.truvaluelabs.com to learn more about the SaaS and API products.
CONTACT:
Caliber Corporate Advisers
[email protected]
210.310.9537
SOURCE: Truvalue Labs™
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationNEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...