Bureau van Dijk partnered with RepRisk to integrate RepRisk’s environmental, social, and governance (ESG) risk reports into their global ORBIS database. Content includes ESG risk metrics and analytics from the RepRisk ESG Risk Platform. RepRisk claims to provide “the world’s most comprehensive database on ESG risks.”
The RepRisk Index combines company and country risk intelligence alongside Bureau van Dijk’s corporate ownership data. RepRisk screens 80,000 third-party sources spanning fifteen languages. Company, country, and industry risk data is updated daily. The company tracks 28 specific issues and 45 topics (e.g. fracking, indigenous peoples, illegal mining) across 70,000 companies.
Use cases include client onboarding, credit risk, compliance, and supply chain vetting. Content will also be available via Bureau van Dijk’s Catalyst workflow solutions.
“In today’s business climate, there is a growing demand for information on environmental, social and governance reputational risk,” said Louise Green, Bureau van Dijk’s global marketing director. “RepRisk is an industry leader in the field of dynamic ESG risk analytics and metrics whose data complements our own extensive combination of financial, compliance, sanctions and risk-related information and gives our users the ability to make better-informed business decisions with a greater degree of certainty.”
“Our research focuses on capturing and analyzing data from media, stakeholders, and other public sources external to the company. This insight helps balance and substantiate the information provided by the company itself, and helps assess whether a company’s intention – policies, processes, and commitments – translates into practice,” says the RepRisk website. “We believe that corporate responsibility goes hand-in-hand with sound financial and reputational risk management, operational excellence, and profitable growth in the medium and long term.”
Earlier this year, Bureau van Dijk rolled out an improved user interface for ORBIS.