Future Investment Initiative (FII) has partnered with ESG Book to release a tool dedicated to economic, social, and governance (ESG) practices in emerging markets.
The online tool – as well as an accompanying ESG score – has been created to empower emerging markets to improve their sustainability efforts.
Richard Attias, CEO at the FII Institute, said the tools come as our planet faces immense challenges, including global warming and the heightened cost of living.
“Our global financial markets are more interconnected and driven by change than ever before.
“Investing in ESG (environmental, social, and governance) initiatives plays a pivotal role in the solution.
“These funds should be strategically directed towards emerging markets where their impact is most needed, all while ensuring the returns necessary for the vitality of these markets,” said Attias.
The primary reason for the tool is the inclusive ESG momentum score, which analyses an organisation’s current sustainability performance.
A ranking system for the top 250 most sustainable emerging market companies has been created based on the scores.
These tools will aid investors in identifying current and future performance leaders, providing an outlook on an issue that isn’t going away.
FII is a non-profit foundation with the objective of delivering data-driven, inclusive solutions to real-world problems.