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"The new launch is timely in light of improving corporate modern-slavery and supply-chain related disclosure in markets such as Australia, the United Kingdom, Canada,  France, the Netherlands, Germany and Norway, driven by significant regulatory developments in recent years.”

June 12, 2024

ISS ESG Launches Enhanced Modern Slavery Solution

Helps investors monitor and report on portfolio risk and captures enhanced corporate disclosure driven by regulation

NEW YORK (June 12, 2024) — ISS ESG, the sustainable investment arm of ISS STOXX, today launched its enhanced Modern Slavery solution which helps investors to monitor and report on portfolio risk, supported by ISS ESG’s differentiated and holistic assessment of modern slavery-related risk exposure, disclosure and management, as well as controversies.

The new dedicated offering includes a scorecard and portfolio report powered by a comprehensive dataset sourced from three industry-leading ISS ESG solutions, the ESG Corporate Rating, Norm-Based Research and the ESG Country Rating, along with data sourced from external sources such as the US Department of Labor. Its vigorous methodology assesses 25 quantitative and qualitative factors developed by ISS ESG’s modern slavery and human rights experts. As of June 2024, the Modern Slavery solution covers approximately 60,000 issuers globally in its risk assessment section and 8,000 issuers are covered by all sections of the report. The universe is growing on a regular basis in order to meet client demand.

Till Jung, Head of ISS ESG said: “The new launch is timely in light of improving corporate modern-slavery and supply-chain related disclosure in markets such as Australia, the United Kingdom, Canada,  France, the Netherlands, Germany and Norway, driven by significant regulatory developments in recent years.” Jung added: “The modern slavery solution’s new reporting functionality allows clients to upload their portfolio and download a report which details their risk exposure and also demonstrates how their holdings are managing modern slavery risks.”

Investors face ongoing scrutiny regarding portfolio holdings involved in controversies such as forced labour, child labour and human trafficking. The new modern slavery solution supports investors’ risk management by identifying portfolio exposure to modern slavery-related risks and allows investors to benchmark portfolio companies against their industry peers. It facilitates investor reporting on modern slavery risks, disclosures, performance and controversies, including significant areas of geographic, industry and product risk. Further use cases include supporting investors’ due diligence by integrating the granular data into in-house assessments and helping investors to identify high-risk and poor-performing companies for engagement.

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About ISS ESG
ISS ESG solutions enable investors to develop and integrate sustainable investing policies and practices, engage on sustainable investment issues, and monitor portfolio company practices through screening solutions. ISS ESG also provides climate data, analytics, and advisory services to help financial market participants understand, measure, and act on climate-related risks across all asset classes. In addition, ESG solutions cover corporate and country ESG research and ratings enabling its clients to identify material social and environmental risks and opportunities. For more information, please visit us at: www.iss-esg.com

About ISS STOXX
 ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.

Media Contact:
Sarah Ball
Executive Director, Communications
press@iss-stoxx.com

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