CRD Analytics (CRDA), LLC and Trucost PLC announced the signing of a new partnership agreement that will enhance and expand the SmartViewTM platform and provide greater transparency of environmental impact on financial performance for public and private companies.
The partnership between CRD Analytics the leading provider of independent sustainability investment analytics, and Trucost, the leading global environmental data provider, will maximize product offerings from both companies and provide best in class environmental data analysis. CRD Analytics' proprietary platform SmartViewTM is used to generate the NASDAQ OMX CRD Global Sustainability 50 Index (QCRD). The initial focus of the CRD Analytics/Trucost partnership will be on the more than 3700 publicly listed companies on the NASDAQ OMX global exchanges. The addition of Trucost’s sophisticated data suite which allows for a complete view of a particular company’s environmental impact, its supply chain and corporate operations, will enhance the SmartViewTM platform for analysis of NASDAQ listed companies, resulting in actionable information that is both relevant and essential to corporate decision making. The CRDA family of products, the SmartViewTM Basic Company Reports, the SmartViewTM Detailed Company Reports, the SmartViewTM Sector Analysis Reports, and the SmartViewTM Workshop series, Investing in Sustainable Performance, are designed for corporate management to analyze climate risks and opportunities. The most advanced service option, Investing in Sustainable Performance Workshop, offers comparative analysis plus an expert in-person workshop for company stakeholders to learn firsthand how the best practices and metrics that matter can be applied in their company. The Workshops are conducted in New York and San Francisco, with other locations by special arrangement.
"We are excited about this collaborative offering combining the power of The SmartViewTM Ratings & Reporting and Trucost's comprehensive database that tracks over 750 granular environmental impacts of companies across the investment universe," said Michael Muyot, CRD Analytics President & Founder.
This rather timely partnership follows the recent SEC ruling on interpretive guidance for climate change related risk disclosure and how it impacts public companies which shows the changing landscape in the regulatory, investment and corporate communities. CRD Analytics and Trucost are at the cusp of this change and through SmartViewTM will empower publicly listed companies to understand critical shareholder issues, discover and analyze what the best practices are for leading companies and what the risks are for laggards, especially in terms of environmental risk reporting.
“We are delighted to be partnering with CRD Analytics, adding our mission critical perspective on environmental impacts for NASDAQ listed issuers, thereby helping inform key strategic decisions now front and center for every global public company” said Paul Druckman, Executive Chairman, Trucost.”
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