New to Insight360 on Eikon: Six new ratings and reports
We’re excited to announce six new datasets that make the latest release of Insight360 for Eikon an even more convenient and powerful tool for portfolio managers and analysts as they examine sustainability performance.
Without further ado, here are our expanded Ratings and Reports.
While we’re proud of our artificial intelligence-generated ESG data, which offers a timely, unbiased benchmark for analyst ESG scores, we know that quantitative sustainability data from credible sources are also valuable to investment managers.
That’s why we’re increasing what’s available on our standalone and Thomson Reuters Eikon products. We now include expanded new ESG ratings and metrics that cover areas such as green power usage, wage violations, and LGBT rights policy.
For example, users can examine if the company had any recent wage violations as reported by the Department of Labor. Users can then find a full picture of historical wage violations along with in-depth media coverage of the issue by examining Insight360's Human Capital data for the company.
To find this data, simply click on the Ratings tab for an individual company, located above its score chart (see above image for demonstration).
Here’s the complete list of what’s now available, with the new additions bolded:
- DOL Wage and Hour Division Enforcement
The Wage and Hour Division (WHD) investigates employers accused of violating federal minimum wage, overtime pay, recordkeeping, and child labor requirements of the Fair Labor Standards Act. The WHD is a sub-agency of the United States Department of Labor, and cases are recorded in DOL databases. Employers may be required to pay penalties as well as backpay owed. Records are updated as the investigations progress.
- EPA Civil Enforcement Case
The United States EPA investigates company activities which may have violated federal environmental regulations, and the cases are logged in the Enforcement and Compliance History Online (ECHO) database. Companies may need to pay penalties, pay for environmental remediation, or complete supplementary environmental projects. Records are updated as the investigations progress.
- EPA National Top 100 Green Power Users
The National Top 100 list includes the largest green power users within the Green Power Partnership. The combined green power usage of these Top 100 Partners amount to more than 23 billion kilowatt-hours annually, which represents nearly 83 percent of the green power commitments made by all EPA Green Power Partners.
- RSPO Membership
The Roundtable on Sustainable Palm Oil (RSPO) is a global, multi-stakeholder initiative on sustainable palm oil. Members include plantation companies as well as retailers of palm oil products.
- Newsweek Green Rankings
The Newsweek Green Rankings reflect the environmental performance of companies. They are based on data disclosed in the public domain as well as research from Corporate Knights Capital and HIP (Human Impact + Profit) Investor Inc. Each year, all the companies in the U.S. 500 and the Global 500 are automatically evaluated.
- HRCF Corporate Equality Index
Corporate Equality Index is the national benchmarking tool on corporate policies and practices pertinent to lesbian, gay, bisexual and transgender employees. The Human Rights Campaign Foundation evaluates the Fortune 1000 companies annually.
- CSR Reports (existing)
Companies detail their environmentally and socially responsible performance in annual CSR reports. Subsidiaries or divisions may publish separate reports.
- Trucost (existing)
The environmental impact ratio is based on a company’s environmental resource usage and environmental pollution. It provides investors with an easy way to compare companies regardless of size, sector, or geography. A lower impact ratio reflects more efficient operations and reduced environmental risk. It’s calculated annually by Trucost, an environmental data provider.