Business
Thomson Reuters Invests in Environmental, Socia...
Thomson Reuters Invests in Environmental, Socia....
About this update from Trifast Plc
[{"type":"text","content":"\n \n\n\n\nNew York and Zug, Switzerland, November 30, 2009 - Thomson Reuters\ntoday announced that it has acquired the business of ASSET4 AG, a\nSwiss-based, leading provider of Environmental, Social Responsibility\nand Governance (ESG) information and tools for professional investors\nand corporate executives. This deal represents a step forward in the\nintegration of ESG data into mainstream financial analysis and\nunderscores Thomson Reuters commitment to meet the evolving needs of\nthe global financial community.\n\nThe global credit crisis, climate change, new regulation and other\nissues have highlighted the need for financial firms to assess the\nenvironmental, social responsibility, governance and reputational\nrisks attached to the firms in which they invest. Through the\nacquisition of ASSET4's leading ESG information and tools, Thomson\nReuters clients worldwide will benefit from having direct access to\nthis increasingly important information as part of their investment\nprocess.\n\nThrough the acquisition, Thomson Reuters will offer the most\ncomprehensive database of objective, consistent and transparent ESG\ninformation along with a wide range of analysis tools enabling\nclients to integrate it into their everyday decision making. This\ninformation allows investors to engage companies, improve investment\nperformance, reduce risk and lower research costs, while corporate\nexecutives can reduce risk, enhance corporate governance and increase\naccountability, transparency and trust.\n\n\"Thomson Reuters acquisition of ASSET4's business is timely as our\nclients are looking for deeper insight into the combination of\nfinancial and extra-financial factors that drive the performance and\nrisk of their investments\", said Abel Clark, global head of strategy\nand marketing, Investment and Advisory at Thomson Reuters. \"The ESG\ncontent and tools will bring our clients increased transparency into\nareas of corporate performance that will grow in relevance as\nvoluntary and mandatory ESG disclosure and performance standards\nbecome more prevalent.\"\n\n\"Thomson Reuters is the natural choice to take the extra-financial\ninformation and tools that ASSET4 has built over the last five years\nto a truly global and mainstream client base,\" said Peter Ohnemus,\nASSET4 CEO and President. \"Thomson Reuters clients will now have ...