Borsa Istanbul to Adopt Refinitiv’s ESG Data

Refinitiv, a leading financial markets data and infrastructure provider, announced that its Environment, Social and Governance (ESG) data will be incorporated into Borsa Istanbul’s Sustainability Index, which was launched in 2014 and currently covers 58 constituents in Turkey.

According to the announcement, Borsa Istanbul will also adopt Refinitiv’s ESG scoring metrics to calculate and maintain its Sustainability Index. Companies listed on the exchange can now submit their ESG data through a dedicated Refinitiv contributor tool that encourages disclosure across the market.

“We are proud to collaborate with Borsa Istanbul and facilitate the execution of their ESG roadmap. ESG scores are critical for Turkish companies exploring long term growth,” said Antonio De Gregorio, Managing Director, Central and Eastern Europe, Refinitiv.

“Our collaboration with Borsa Istanbul will raise awareness on the emerging opportunities and motivate local companies to come forward with critical sustainability data. We have been serving the financial industry with ESG data and solutions for over 18 years and offer one of the richest ESG databases in the industry. Refinitiv’s ESG data covers 80 percent of the global market cap with more than 450 metrics,”Gregorio added.

Earlier this month, Refinitiv announced that it has launched Wealth Practice 360​, a solution designed to provide an efficient workflow and better insights on demand for wealth advisors.