Environmental, Social, & Governance
Orenda is now providing sample ESG datasets.
Orenda │A SIX Company is a unique, timely and market-ready innovation based in ESG methodology, designed to provide real time delivery of High Frequency ESG Scores and insights into a company’s reputation and help you measure the sustainability and societal impact of an investment.
What is ESG?
ESG (Environmental, Social, and Governance) are a set of factors that are used to measure the societal impact and sustainability of an investment. The use of ESG data has developed into a primary component of the sustainable investment process, as it outlines important factors that are often left out of traditional financial analysis which can drastically influence financial markets and company performance.
What are ESG scores?
ESG scores are numerical values that provide a
statistical perspective into the past and current
standing of any given constituent, as well as predictive
analytics for where it is heading in the future.
Corporations are not single entities – they are a part of society, and many are striving to align their values with those of their communities. ESG scores provide an in-depth outlook into a corporation’s commitment to its community’s shared beliefs as they relate to the environment, society, organizational governance, and overall accountability for its actions.
Where does the data come from?
Orenda sources its ESG data from Twitter, one of the
world’s leading social media platforms with
approximately 353 million active users on the platform
worldwide. Through a licensing agreement with Twitter,
Orenda has permission to use the collected data for
Real-time tweets and conversations occurring online are constantly streaming into Orenda’s AI powered platform. Accurate ESG scores are then generated after each data point is individually analyzed and quantified based on the contents of the post.
Why is this data reliable?
By sourcing data from social media, Orenda ensures
that a wide array of conversations, opinions, and social
values are considered. Many ESG technologies simply
deliver company reports, omitting valuable information
related to the perspectives of modern consumers,
stakeholders, and shareholders.
Orenda’s technology effectively analyzes conversations so that only the most relevant data has an impact on scores, and all insignificant noise is filtered out. As a result, you can be sure that any fluctuation in an ESG score is based upon real and meaningful conversations.
Orenda’s ESG Select provides clients with 34 unique metrics anchored in United Nation’s Sustainable Development Goals (SDGs), providing a broad narrative for investors wanting to incorporate investment preferences.