Was reading through Verb's blog yesterday that I've linked at the bottom. They were talking about ESG again which got me curious. Verb has been focused on ESG for a few years, but how are they doing? What are the scores? How do small companies fair against giants like Microsoft that are #1 in their sector?
Yup, I kind of figured this...
HOW COMPANY SIZE BIAS IN ESG SCORES IMPACTS THE SMALL CAP INVESTOR
"It is long established that ESG scores tend to have a size bias toward larger companies. Average ESG scores generally rise as you climb the market cap spectrum, with the largest companies scoring higher than their smaller peers within the large cap universe."
https://www.bailard.com/esg-scores-size-bias-...cap-stocks
In fact, it's hard to find any free ESG data on Microcap stocks.
Refinitiv announced this year, they are providing free data, but it looks like only on the larger companies. Likely institutions have access to paid data they can use to factor ESG into their decisions.
Fun to look up the ESG scores on some of the bigger companies. Just go to the box that says "Enter company name to search for ESG scores", type in a company name and then select it when it appears in a list to search.
https://www.refinitiv.com/en/sustainable-finance/esg-scores
Maybe at some point the company can share their ESG score/progress or if anyone has access to an ESG database. I know for certain they don't have Microsoft type dollars to throw at it.
HOW VERB IS HONORING MARTIN LUTHER KING JR. TODAY AND EVERY DAY
https://blog.verb.tech/how-verb-is-honoring-m...-every-day
Yup, I kind of figured this...
HOW COMPANY SIZE BIAS IN ESG SCORES IMPACTS THE SMALL CAP INVESTOR
"It is long established that ESG scores tend to have a size bias toward larger companies. Average ESG scores generally rise as you climb the market cap spectrum, with the largest companies scoring higher than their smaller peers within the large cap universe."
https://www.bailard.com/esg-scores-size-bias-...cap-stocks
In fact, it's hard to find any free ESG data on Microcap stocks.
Refinitiv announced this year, they are providing free data, but it looks like only on the larger companies. Likely institutions have access to paid data they can use to factor ESG into their decisions.
Fun to look up the ESG scores on some of the bigger companies. Just go to the box that says "Enter company name to search for ESG scores", type in a company name and then select it when it appears in a list to search.
https://www.refinitiv.com/en/sustainable-finance/esg-scores
Maybe at some point the company can share their ESG score/progress or if anyone has access to an ESG database. I know for certain they don't have Microsoft type dollars to throw at it.
HOW VERB IS HONORING MARTIN LUTHER KING JR. TODAY AND EVERY DAY
https://blog.verb.tech/how-verb-is-honoring-m...-every-day
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