NEW YORK (April 11, 2023)– ISS ESG, the sustainable investment arm of Institutional Shareholder Services Inc. (ISS), today announced it has been top ranked for ratings quality based on a survey of institutional investors as part of The SustainAbility Institute by ERM Rate the Raters 2023 Report, which was issued in March 2023. The SustainAbility Institute by ERM, a sustainability consultancy which supports companies and investors globally, started producing its ‘Rate the Raters Report’ over a decade ago. This year’s report included surveys of both corporates and institutional investors, with data collected between 21 September and 11 November 2022, with responses from 104 companies and 33 institutional investors to each survey, respectively. ISS ESG’s Corporate Rating received a high-quality rating (i.e., a score of four or five on a five point scale) for ratings quality from 65 percent of the institutional investor survey respondents. Furthermore, ISS ESG’s Corporate Rating was ranked number two for usefulness, receiving a high-quality rating from 52 percent of the institutional investor survey respondents.
With over 30 years of experience of working with institutional investors, ISS ESG is a leading provider of sustainable investment solutions. The ISS ESG Corporate Rating is designed to help investors understand how ESG risks and opportunities could impact the performance of their investment portfolios and enables investors to evaluate companies’ long-term sustainability performance including ESG risks, opportunities, and impact along the corporate value chain.
“Over the past two years, ISS ESG has appointed corporate ratings sector heads with significant capital markets experience and deep sectoral expertise, to further strengthen our research team, who are driving innovation alongside our product, platform, technology, and client service teams, with dedicated ISS ESG staff now totaling over 600,” said Bonnie Saynay, Managing Director, Global Head of ESG Research at ISS ESG. “This, coupled with our quality management and assurance function and the oversight of a robust methodology review board, underpins our quality approach. Last year we also reinforced our commitment to transparency by affording interested stakeholders public access to high-level, timely, and relevant information on ISS ESG’s ratings, through the ISS ESG Gateway,” Saynay added.
To learn more about ISS ESG’s ratings offerings, please click here.
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. It 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
Executive Director, Communications, ISS