What is GL Greenwashing?
1. Company screen: calculates two greenwashing risk scores based on a company's carbon emissions forecasts and its news controversies. 2. Fund screen: calculates one greenwashing risk score based on how the fund's ESG performance compares to a benchmark.
Problem
The current situation with assessing companies and funds for greenwashing risk is complex, as users rely on manual data collection and analysis from various sources. This can be time-consuming and possibly inaccurate, leading to inefficient and potentially unreliable assessments of greenwashing risks.
Solution
Greenwashing risk assessment tool. Users can calculate two greenwashing risk scores based on a company's carbon emissions forecasts and news controversies, as well as one risk score for funds based on ESG performance compared to a benchmark.
Customers
Investment managers, ESG analysts, sustainability officers, and corporate governance experts who are involved in evaluating and mitigating environmental and sustainability risks within companies and investment funds.
Unique Features
Calculating greenwashing risk scores based on a combination of carbon emissions forecasts and news controversies provides a holistic view; the tool also evaluates ESG performance in comparison to a benchmark, offering a unique dual scoring mechanism for both companies and funds.
Market Size
The global ESG (Environmental, Social, and Governance) reporting and analytics market is projected to grow from $1.32 billion in 2020 to $5.81 billion by 2026, with a CAGR of over 28%.
