Who are the Top ESG data providers? And why do you need them?. ESG (Environmental, social and governance) data is critical to identify your risks and opportunities related to the environment, society, and corporate governance. In this article, we will first show some of the most important reasons why ESG data is essential for investors and the top providers to help you meet those goals

Fossil fuels have been identified as among the main reasons behind global warming, and ESG investors seem to be fighting a battle against fossil fuel companies for decades. Until recently, most companies operating in the fossil fuel industry refused to consider how harmful their products and operations are to the environment around them. Although, this has started to change in the last few years as now almost all major oil majors such as BP, Shell, Total, Eni, with the notable exception of US-based oil and gas companies, accept the negative impact of their operations on climate.

Most investors will agree that the main objective of investing is to optimize your investment performance for the level of risk you are prepared to accept. However, more and more investors are also realising that the investment equation is becoming more sophisticated than a simple risk versus reward comparison. In particular, there’s a growing awareness of the value to be gained by incorporating ESG data into investment analysis and process.

For many years, corporations have kept information about their sultry operations behind lock and key. There were rumours about child labor in offshore manufacturing contractors but these were just that, rumours. DiCaprio’s movie “Blood Diamond” threw some light on conflict minerals, one of the many gigantic problems of our day.