BlackRock Adds RepRisk ESG Data on Private Companies to eFront
BlackRock, the world’s largest asset manager, and ESG data science company RepRisk announced today that access to RepRisk’s ESG risk data on thousands of private companies will be offered to clients of BlackRock’s end-to-end technology platform for alternative investments, eFront.
Melissa Ferraz, Managing Director at BlackRock and Global Head of eFront Insight, said:
“Enabling our clients to proactively identify ESG risks and exposures for private companies in their portfolios is key to better risk-adjusted returns. Working with RepRisk on this effort is the latest example of our shared commitment to increase access to sustainability data for our clients.”
RepRisk is a data science company, that uses a combination of machine learning and human intelligence to offer quantitative risk analytics and proprietary metrics for more than 165,000 public and private companies and over 40,000+ infrastructure projects, covering every global sector and market. The RepRisk ESG data covers a broad range of issues, including human rights, labor practices, corruption and the environment.
Alexandra Mihailescu Cichon, Executive Vice President of Sales and Marketing at RepRisk, said:
“We are proud to partner with BlackRock and to provide our data through eFront, enabling risk-focused assessments across the full spectrum of ESG, including climate related risks, environmental degradation, human rights, labor standards, and corruption. We believe that providing investors with consistent, material, publicly sourced data is paramount for comprehensive risk management and holistic investment decisions. As the only ESG data provider to systematically cover private companies, we are thrilled to support the alternative investment industry’s significant step forward in sustainable capital allocation.”