Thomson Reuters launches new CSR indices to measure ESG performance

Thomson Reuters announced the launch on Tuesday of a new set of indices to measure the performance of European companies with superior ratings for Environmental, Social and Corporate Governance (ESG) practices.

The four new Thomson Reuters Corporate Responsibility Indices (CRI) for Europe will provide a comprehensive, objective and transparent rules-based benchmarking solution for measuring global ESG performance.

They are part of a connected suite of ESG-related products and services that includes amalgamating the databases of Thomson Reuters ASSET4, Thomson Reuters Corporate Responsibility Ratings and the Thomson Reuters CRI Indices.

The Thomson Reuters CRI Indices use this network of data to allow investors to apply filters based on the industry, country and regional focus of a company's operations.

Stephan Flagel, head of Indices at Thomson Reuters, said: "As responsible ESG investing continues to gain traction around the world, Thomson Reuters remains committed to delivering the most comprehensive and transparent family of indices available today in order to give investors the benchmarks they need to make informed decisions. The new Thomson Reuters CRI Europe Indices, in combination with our wider ESG-related services, offer a very powerful proposition for all ESG-conscious individuals and institutions."

Thomson Reuters ASSET4 provides objective, relevant and in-depth environmental, social and governance data, enabling socially responsible investment analysis. The database contains information on over 3,400 global companies and over 750 data points including all ethical screening criteria and aspects of sustainability performance.

The Thomson Reuters CRI Indices and Corporate Responsibility Ratings are part of a wider suite of indices that provide innovative indices and index-related services to the global financial community to help investors make better decisions.