4 October, 2016 /3BL Media/ – ImpactSpace, the open database for the impact investing marketplace, is bringing CSRHub’s environmental, social and governance ratings into the world of impact investing.
ImpactSpace users seeking company information will be able to see CSRHub CSR/ESG ratings and data whenever available. CSRHub provides access to corporate social responsibility and sustainability ratings and information on more than 16,500 companies.
Similarly, CSRHub’s pages on these companies will be linked to the appropriate page on ImpactSpace. Additionally, CSRHub users will be able to search for ImpactSpace companies on the CSRHub site. (This search link shows the 119 companies that are already connected.)
The partnership will bridge the growing marketplace for impact investments and the broader effort to track and report ESG (environmental, social and corporate governance) performance. The “impact space” is made up of small companies and private investors, with investments are typically in the millions of dollars. The “ESG” space is inhabited by large, often publicly listed companies, with billion dollar valuations and large institutional investors.
“CSRHub has data on 140,000 smaller companies that it cannot yet rate,” said Bahar Gidwani, chief executive of CSRHub. With help from partners such as ImpactSpace, CSRHub hopes to give many of these smaller companies the opportunity to receive full credit for their sustainability work. This recognition will help them find new customers, attract high quality employees, and receive support from their local communities.”
Impact investors believe there is a business opportunity to support companies for which achieving positive social and environmental outcomes are core objectives. On the ESG side, in general, there are indications that strong ESG ratings signal strong management more broadly.
Both recognize that risk and opportunity are ultimately two sides of the same coin, when it comes to emerging issues such as greenhouse gas reduction, supply chain security and community relations.
“The partnership with CSRHub greatly enhances the value of our datasets for users and expands their scope.” said Zuleyma Bebell, co-founder and director of ImpactSpace. “Going forward, companies and investors of all sizes can be evaluated and tracked against sustainable development metrics.”
About CSRHub
CSRHub provides access to corporate social responsibility and sustainability ratings and information on 16,511+ companies from 135 industries in 133 countries. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world. Contact: Bahar Gidwani, CEO, bahar@csrhub.com.
About ImpactSpace
ImpactSpace is the open data platform powering the global impact marketplace. Together with our sister site, ImpactAlpha, we are providing stories and data to investors, entrepreneurs and other market participants driving business advantage with social and environmental impact. Contact Zuleyma Bebell, Director, zbebell@impactalpha.com
As previously seen on the CSRHub blog
KEYWORDS: Finance & Socially Responsible Investment, Business & Trade, ImpactSpace, CSRHUB, ESG Ratings, environmental, social, governance, impact investments, csr, greenhouse gas reduction, supply chain security, community relations
SOURCE: CSRHub
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This post was originally published on 3BLmedia.com
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