Russell Investments has created a new metric to evaluate publicly traded companies based off ESG principles. This is a significant step for ESG investments, making it easier to evaluate companies on ESG criteria and compare them based on these metrics.
The new scoring system allows investors to differentiate companies in a more precise way than before. Emily Steinbarth, quantitative analyst at Russell Investments and co-author of the study, explained that the firm generated the new scoring methodology with detailed ESG scores from Sustainalytics.
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