LexisNexis Introduces New Tools to Mitigate Environmental, Social and Governance Business Risks

The enhancements to Nexis Diligence include ESG company ratings and custom news searches that fit seamlessly into the holistic due diligence process

LexisNexis^® has introduced several enhancements to Nexis Diligencethat allow compliance and due diligence professionals to incorporate in-depth Environmental, Social and Governance (ESG) risk assessment into their workflow—all within a single interface. These enhancements, which include ESG ratings for individual organizations and custom news searches, address the growing need for organizations to integrate ESG factors into existing due diligence research and reporting processes.

Learn more about Nexis Diligence’s new ESG enhancements at ESG For Due Diligence Agenda | LexisNexis  

“ESG is a growing concern for all companies, and these ESG-focused enhancements to Nexis Diligence support and streamline a more complete due diligence process that can significantly reduce risk,” said Danielle McCormick, Chief Product Officer, LexisNexis. “The new features offer our users a powerful tool to manage the increasing scrutiny on sustainability efforts, as well as the emerging regulatory demands for businesses to go beyond traditional risk assessments.”

ESG Ratings

Provided by CSRHub, Nexis Diligence’s new ESG ratings are determined through an analysis of 350 million data points, from a wide-ranging collection of sources. These include data from 20 of the premier socially responsible investment analysis firms, 800+ nongovernmental organizations, government agencies, news feeds, social networking groups, smaller for-profit organizations and publishers. Each rating is broken down by category and related sub-category, offering a more complete understanding of ESG performance. The resulting ratings are extensive and updated monthly, assessing the ESG performance of 99.5% of the Russell 3000 index and over 30,000 companies in Europe, Asia, North America, and the rest of the world.

ESG Custom News Searches

Nexis Diligence’s ESG Custom News feature complements CSRHub’s ESG ratings, allowing users to dive into the impact of a company’s sustainability efforts at a moment’s notice. The Custom News enhancement facilitates quick ESG research across LexisNexis’ global collection of 40,000+ premium and web news sources.

Each search begins with a set of predefined ESG search terms which can be customized to align with preferences or specific risk concerns. These searches offer not only a valuable snapshot of ESG performance but improved risk visibility and greater operational efficiency.

Nexis Diligence ESG content empowers more confident decision-making to protect organizations and make ethical profit possible. To learn more, please visit ESG For Due Diligence Agenda | LexisNexis

 

About LexisNexis Legal & Professional

LexisNexis Legal & Professional^® provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis^® and Nexis^®services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 10,500 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

 

About Nexis^® Solutions

Nexis^® Solutions, as part of LexisNexis and the global RELX corporate family, connects customers to market-leading data through a flexible suite of scalable solutions, including our award-winning, flagship Nexis^® research platform. By enabling fast access to a vast universe of enriched data with intelligent technologies, Nexis Solutions empowers business, media, non-profit, government and academic organizations worldwide to quickly discover actionable insights that enable confident, performance-driving decisions.

 

About CSRHub

Learn more about CSRHub at csrhub.com