Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news

Breaking-Finance.Com - Truvalue Labs, the pioneer in AI-driven environmental, social, and governance (ESG) data, along with Solactive, the German index engineering firm, today announced the launch of the Solactive Truvalue ESG Index Series.

Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news

Breaking-Finance.Com - Truvalue Labs, the pioneer in AI-driven environmental, social, and governance (ESG) data, along with Solactive, the German index engineering firm, today announced the launch of the Solactive Truvalue ESG Index Series.

Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news
10 September 2020 - 15:45

Breaking-Finance.Com - These indices are designed to provide investors with diversified exposure to global large- and mid-cap equities with strong ESG characteristics.As assets in passive ESG funds doubled to $250 billion in the past three years, investors are demanding better quality information. Truvalue Labs sources and analyzes information differently than traditional ESG research firms, using natural language processing and machine learning. Its Insight scores are derived from real-time ESG information that is not dependent on company disclosures. Using the SASB materiality framework, Truvalue’s approach is transforming investors’ expectations about ESG research, offering a timely, transparent and salient stakeholder perspective on sustainability issues.The Solactive Truvalue ESG United States Index is the first benchmark in the series, which applies Truvalue’s Volume and Insight scores for component selection while avoiding exposure to fossil fuels, utilities and tobacco companies. As of August 26, 2020, index performance from February 2008 shows annualized returns of 12.

.38% for the Solactive GBS United States Large & Mid Cap Index, the parent index.“Truvalue Labs’ technology-driven approach generates current, consistent and relevant ESG signals. We’ve experienced rapid adoption of our real-time ESG information by leading asset owners and managers,” said Thomas Kuh, Head of Index at Truvalue Labs. “Now, we are very pleased to work with Solactive, the leading independent index provider, to offer investors transparent and cost-efficient exposure to Truvalue’s unique ESG factors through these indices.”“We actively seek partners with diverse and creative approaches to develop differentiated indices of the highest quality,” said Steffen Scheuble, CEO of Solactive. “We are delighted to partner with Truvalue Labs to bring a new series of ESG indices to market. As a company that applies leading-edge technology, we are very confident that we have found an ally with artificial intelligence as its core competency.”

Source = Breaking-Finance.Com

Financial breaking news

This news 29 hits received.

Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news


Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news


Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news


Finance Breaking news Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news FactSet agrees to buy ESG data firm TruValue last financial news
Finance Breaking news FactSet agrees to buy ESG data firm TruValue...
Finance Breaking news Coutts MD: Sustainability is about ‘unpeeling’ investment decision making last financial news
Finance Breaking news Coutts MD: Sustainability is about...