Investor Communications Japan (ICJ), a joint venture by global Fintech firm Broadridge Financial Solutions and the Tokyo Stock Exchange, has launched ESG Access, a solution enabling Japanese corporate issuers to assess their performance across environmental, community, employee and governance issues. The tool utilises an algorithm to convert more 300 million data points into a single rating. This includes aggregating more than 800 sources, including ESG or socially responsible investment analysis firms, government databases, publications and research reports – every month across 148 countries covering 30,000 companies. The service offers efficiencies to clients by removing the need for the time-consuming work of collecting and analysing data from dozens of rating agencies, tracking it over the years and allowing clients to strategically focus on improving their ratings. “This service provides Japanese corporate issuers with greater transparency and understanding of their ESG scores, enabling them to improve and pinpoint ways to boost their ratings and standing in the marketplace,” said Demi Derem, Senior Vice President of Investor Communications Solution at Broadridge. “Better understanding their ESG profile and how it can be improved will enable companies to strengthen relations with their stakeholders, including investors, suppliers, employees, board members and others.”
