Dun & Bradstreet Expands Its ESG Rankings Coverage to Nearly 74 Million Public and Private Companies
May 03 2023 - 4:01PM
Business Wire
Dun & Bradstreet (NYSE:DNB), a leading global provider of
business decisioning data and analytics, announced it has expanded
its ESG Rankings coverage across public and private companies from
42 million to 74 million in 185 countries. This expansion reflects
a recent update regarding the materiality weighting assigned to the
company’s ESG (Environmental, Social, Governance) Rankings to
better align with the Sustainability Accounting Board Standards
(SASB).
SASB Standards are designed to help companies around the world
communicate to investors how sustainability issues are driving
long-term growth and promote transparency and accountability in
corporate sustainability reporting.
Dun & Bradstreet ESG Rankings help companies strengthen
their ESG goals, manage supply chain disruption risks, and perform
marketing segmentation. As such, having actual company-specific
data becomes increasingly important given the evolving dynamics of
this market, an increasing shift to climate risk, and the
integration of ESG into investment decision-making.
“This expansion increases the depth and breadth of our ESG data
coverage, and further strengthens Dun & Bradstreet’s position
in the ESG space as organizations seek to make sustainable
decisions with confidence,” said Gary Kotovets, Chief Data &
Analytics Officer at Dun & Bradstreet.
Some current Dun & Bradstreet ESG customers will see an
increase in the coverage of their portfolios, with approximately
68% of evaluated companies seeing their rankings change on the ESG
levels.
Last year, Dun & Bradstreet successfully brought to market
several distinct ESG products, all powered by a rapidly expanding
global ESG dataset on companies. Dun & Bradstreet’s growing set
of ESG capabilities include:
- ESG Rankings – Launched in July 2021 and includes
metrics on ESG performance, peer comparisons, 31 granular ESG
topics and confidence scores
- ESG on Risk Analytics - Launched in early 2022, the Risk
Analytics platform offers a user-interface (UI) for managing risks
in supply chain and vendor portfolios
- ESG Self-Assessment – Launched with ESG on Risk
Analytics, this is an easy-to-use but comprehensive survey that can
be requested by procurement managers to their vendors
- ESG Registered™ - Launched in late 2022 in select
geographies, companies can earn a publicly viewable “ESG Seal” by
completing the full ESG Self-Assessment, showing a commitment to
ESG data disclosure that is accurate and verifiable
The ESG industry is constantly evolving as businesses and
investors become more aware of the importance of sustainability and
responsible business practices. Dun & Bradstreet is committed
to offering data-driven solutions that help organizations create
sustainable operations and grow responsibly. Through its current
and future efforts, Dun & Bradstreet aims to be a core partner
in helping companies transition to a more sustainable and
financially secure future.
For more information about Dun & Bradstreet’s ESG
Intelligence solutions, please visit
https://www.dnb.com/products/third-party-risk/esg-intelligence.html
About Dun & Bradstreet
Dun & Bradstreet, a leading global provider of business
decisioning data and analytics, enables companies around the world
to improve their business performance. Dun & Bradstreet’s Data
Cloud fuels solutions and delivers insights that empower customers
to accelerate revenue, lower cost, mitigate risk, and transform
their businesses. Since 1841, companies of every size have relied
on Dun & Bradstreet to help them manage risk and reveal
opportunity. For more information on Dun & Bradstreet, please
visit www.dnb.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230503005979/en/
Media Contact: Dawn McAbee 904-648-6328 Mcabeed@dnb.com
Dun and Bradstreet (NYSE:DNB)
Historical Stock Chart
From Oct 2024 to Nov 2024
Dun and Bradstreet (NYSE:DNB)
Historical Stock Chart
From Nov 2023 to Nov 2024