Thomson Reuters Invests in Environmental, Socia...
New York and Zug, Switzerland, November 30, 2009 - Thomson Reuters
today announced that it has acquired the business of ASSET4 AG, a
Swiss-based, leading provider of Environmental, Social Responsibility
and Governance (ESG) information and tools for professional investors
and corporate executives. This deal represents a step forward in the
integration of ESG data into mainstream financial analysis and
underscores Thomson Reuters commitment to meet the evolving needs of
the global financial community.
The global credit crisis, climate change, new regulation and other
issues have highlighted the need for financial firms to assess the
environmental, social responsibility, governance and reputational
risks attached to the firms in which they invest. Through the
acquisition of ASSET4's leading ESG information and tools, Thomson
Reuters clients worldwide will benefit from having direct access to
this increasingly important information as part of their investment
process.
Through the acquisition, Thomson Reuters will offer the most
comprehensive database of objective, consistent and transparent ESG
information along with a wide range of analysis tools enabling
clients to integrate it into their everyday decision making. This
information allows investors to engage companies, improve investment
performance, reduce risk and lower research costs, while corporate
executives can reduce risk, enhance corporate governance and increase
accountability, transparency and trust.
"Thomson Reuters acquisition of ASSET4's business is timely as our
clients are looking for deeper insight into the combination of
financial and extra-financial factors that drive the performance and
risk of their investments", said Abel Clark, global head of strategy
and marketing, Investment and Advisory at Thomson Reuters. "The ESG
content and tools will bring our clients increased transparency into
areas of corporate performance that will grow in relevance as
voluntary and mandatory ESG disclosure and performance standards
become more prevalent."
"Thomson Reuters is the natural choice to take the extra-financial
information and tools that ASSET4 has built over the last five years
to a truly global and mainstream client base," said Peter Ohnemus,
ASSET4 CEO and President. "Thomson Reuters clients will now have the
information and tools to make this type of analysis a reality. Our
existing clients, like Bank Sarasin, Storebrand and Société Générale,
who have been thought leaders in responsible investing, will now be
able to seamlessly integrate our ESG information into all aspects of
their investment processes."
Terms of the agreement were not disclosed.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for businesses and professionals. We combine industry
expertise with innovative technology to deliver critical information
to leading decision makers in the financial, legal, tax and
accounting, healthcare and science and media markets, powered by the
world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson
Reuters employs more than 50,000 people and operates in over 100
countries. For more information, go to www.thomsonreuters.com.
ASSET4 is the leading provider of objective, comparable and auditable
extra-financial information. ASSET4 provides professional investors
and corporate executives access to the world's largest database of
ESG information and the analysis tools to integrate that information
into their everyday decision making. ASSET4 is a proud signatory of
the UN's Principles for Responsible Investment and a contributing
member to organizations and initiatives like: UNEP-FI, Eurosif,
UKSIF, USSIF, Nachhaltiges Investment and the Ceres Coalition. For
more information, please visit www.asset4.com.
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CONTACTS
Yvonne Diaz
Thomson Reuters
PR Director, Financial Services
+44 20 7542 2615
yvonne.diaz@thomsonreuters.com
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