Full article available on ESG Clarity
By Joe McGrath
Machine learning and artificial intelligence will play a part in the new indices from Solactive and Truvalue Labs.
Working in collaboration, the two companies are planning to create a new range of environmental, social, and governance (ESG) indices that use machine learning and artificial intelligence (AI) to score companies in their ESG credentials.
Truvalue Labs looks at unstructured data sets from more than 100,000 sources to create an independent view on corporate ESG performance instead of using corporate disclosures as the foundation.
Hendrik Bartel, chief executive officer and cofounder of Truvalue Labs, said the company will provide “timely” signals that are sourced from transparent data.
He explained: “With Solactive, we are pleased to find a partner that shares our values and vision with respect to AI and ESG.”