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Stock impact report

How Reliable is ESG Data? [FT.com - Mergermarket]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
April 16, 2020Print this pageExperimental featureListen to this article00:00Report a mispronounced wordWhat was mispronounced?Optional: help us by adding the timeThank you for your help!Last year, investorsploughed $20.6bn into sustainable investment fundsBut despite the near fourfold increase in investor interest, advisers are sceptical about the company and asset management data showing the environmental, social and governance impact of the funds themselves.“I struggle mightily. I don’t believe the indexes. They are using self-reported data and I just don’t buy it,” says Traci Richmond, a financial adviser with The Meakem Group in Bethesda, Maryland.The problem with ESG data is the lack of verification. “There’s so much data and information out there, it’s really, truly a data war,” says Tim Williams, the director of education initiatives at the Money Management Institute, a trade association.Morningstar, Bloomberg and MSCI are among the providers of ESG data and rankings. Each has Show less Read more
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