RepRisk teams up with Apex to better gauge ESG risks

From: RegTech Analyst

ESG data science firm RepRisk has inked a partnership with the Apex Group, a global financial services provider. 

The strategic partnership is designed to expand access to material ESG risk data for private markets participants. The idea is that the combination of the two companies will
contribute to closing the gap for a previously underserved market of private companies by delivering a high quality, global, independent ESG tool based on data insights.

“Apex is a very exciting partnership for RepRisk, and one we are especially well-suited for,” said Alexandra Mihailescu Cichon, executive vice president sales and marketing at RepRisk. “RepRisk is the only ESG provider to systematically cover private companies.

“While our dataset grows every day, it currently includes more than 120,000 private companies worldwide, in every sector and market. RepRisk looks at what the world says about a company, not what a company says about itself – and in combination with Apex’s analysis on company disclosures and reporting, we’re able to provide a uniquely holistic picture of a company’s ESG profile.”

Andy Pitts-Tucker, managing director at Apex ESG Ratings and Advisory, added, “Apex ESG’s new platform was established to satisfy the demand from private markets for greater transparency through a high quality, global, independent, single-source ESG solution. We help investors to collect, verify and evaluate data on their portfolio companies and benchmark the quality and performance of that data to produce quantitative and comparable analysis.

“With access to RepRisk’s independent ESG data and insights, we are excited to provide a holistic perspective on each company. Ultimately, this partnership can play a role in influencing significant behavioral change, drive capital flows, and support our clients as they look to improve their ESG performance.”

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