Prix SVC Economic Area Zurich 2024: RepRisk AG
The Prix SVC Zurich Economic Area will be awarded on November 26, 2024. One of the finalists is RepRisk AG, based in Zurich. A brief portrait of this leading company in the field of ESG risk assessment.
Since its foundation in 1998, RepRisk AG has developed into a global market leader in the identification and assessment of business and ESG risks. RepRisk uncovers risks such as human rights violations and corruption that are not disclosed by companies. This gives decision-makers a clearer view of their business relationships and investments. The RepRisk data is based on a transparent and consistent methodology that has been continuously optimized over two decades through the use of artificial intelligence and highly qualified analysts.
Global presence and renowned customers
RepRisk AG originally started out as a consultancy firm for environmental and social risks in the banking sector and counted UBS among its first clients. Today, the client base comprises over 550 companies worldwide. These include leading financial institutions such as Pictet and Julius Baer as well as international corporations such as Swiss Re and Glencore. Asset managers such as BlackRock and Allianz Global Investors also rely on RepRisk's ESG data. Headquartered in Zurich and with offices in London, New York, Berlin and Tokyo, RepRisk AG employs around 350 people worldwide.
Innovative solutions for ESG risk assessment
RepRisk AG's platform analyzes over 150,000 publicly accessible sources in 23 languages every day to identify potential business risks. These sources include print media, online media, social networks, regulatory authorities, newsletters and other digital platforms. The list of sources is regularly updated and expanded. The database includes over 275,000 companies and 80,000 infrastructure projects. Over 100 ESG risk factors are taken into account, enabling a comprehensive analysis. By combining artificial intelligence and human expertise, the RepRisk analyst team ensures the high quality and reliability of the risk assessment.
A pioneer for well-founded decisions
Since its foundation, RepRisk AG has entered into numerous partnerships to integrate ESG data into the risk management systems of global financial institutions. A milestone was the partnership with UBS in 2006, when ESG risk data was added to the bank's compliance system. In the years that followed, the company consolidated its position as a leading provider through collaborations with companies such as Robecosam, BASF and Blackrock.
Key milestones include the collaboration with BlackRock to integrate ESG data into the eFront platform in 2021 and the collaboration with Bloomsberg in 2024 to facilitate access to RepRisk's daily updated ESG data. These collaborations highlight RepRisk's central role in promoting sustainable business practices.
More information: www.reprisk.com / www.svc.swiss
Prix SVC Economic Area Zurich 2024
The award ceremony will take place on Tuesday, November 26, 2024, at the Kongresshaus Zurich. Around 1,500 guests from the worlds of business, science, politics and culture are expected to attend. The award ceremony will be hosted by Nik Hartmann. More information.
