Grow Launches Powerful ESG Investments Analytics Tool
Grow Analytics is a proprietary platform that simplifies ESG portfolio building for values-based investors
San Francisco (Nov. 1, 2016) — Grow, a San Francisco-based fintech company focused on socially responsible investments, today announced the launch of Grow Analytics, a proprietary analytics tool rating companies on environmental, social and governance (ESG) practices.
Grow Analytics combines data from the top ESG ratings companies in the world to create a Grow Score for each asset using a proprietary analytics methodology. A Grow Score, ranging from -3 to +3, indicates how ethically companies — or other types of assets — are performing, relative to sector and industry standards.
“What makes Grow Analytics truly distinct is that it aggregates multiple ESG data sources — filling gaps, removing biases, and providing one comprehensive Grow Score that indicates the sustainability of an investment at a glance.” said Anthony Randazzo, co-founder and chief technology officer, Grow.
“With time, these scores will change and demonstrate a company’s ESG progress, or lack thereof.” — Randazzo
Grow Analytics platform was beta-tested by more than 30 Registered Investment Advisors and institutional investors — including the State of Wisconsin Pension Fund. Grow engineers used beta-testers’ feedback to improve the platform to meet user needs.
“Grow Analytics provides the foundation for other Grow products and services: using the most recent data available to create portfolios for Grow Invest, our mobile app clients, and portfolios created by Grow Capital Management advisors for their clients,” said John Boyer, head of Grow Analytics. “With increasing momentum toward ESG investing, we believe this multi-focused approach sets us apart and will identify us as ESG investment leaders.”
To learn more about Grow Analytics or schedule a demo, contact:
Joe Euphrat | joey@growapp.us
Craig Ebersole | craig@growapp.us
About Grow
Grow is the leading provider of automated investing solutions focused exclusively on environmentally sustainable, socially responsible companies with good governance practices. Our products — including Grow Invest, for mobile devices and Grow Capital Management, a full service investment management firm — are powered by our proprietary analytics engine Grow Analytics. Grow works to empower investors across generations and income levels by providing guidance that allows them to align their personal values and investments. Based in San Francisco, California, Grow makes powerful and impactful investments accessible to all. For more information please visit www.growapp.us, www.growanalytics.io, or www.growcapital.us.
