S&P Global (NYSE: SPGI) and RobecoSAM proclaimed that S&P Global will obtain the ESG Ratings Business from RobecoSAM. This also incorporate the globally followed SAM Corporate Sustainability Assessment (CSA) which comprises from companies’ annual sustainability practice assessment. The CSA benefits from 20 years of experience in analyzing the impact of sustainability in the creation of long-term value of a company therefore is accepted as one of the most advanced ESG scoring methodologies.
It is expected that S&P Global to ensure more transparent, robust and comprehensive ESG solutions to its clients thanks to unique datasets based on information analyzing over 4,700 companies.
As sustainability becomes more and more serious, it is obvious that the role of ESG reporting is getting more important than ever. Considering this, a new sustainability reporting system – Turkish Sustainability Code– was developed to meet the requirements of globally active companies and the financial market equally. The Turkish Sustainability Code, which is based on German Sustainability Code developed by German Council for Sustainable Development, assists companies in reporting on non-financial performance with a clear focus on transparency and materiality. At the same time, the Turkish Sustainability Code provides support with establishing a sustainable development strategy and offers a convenient way into sustainability reporting in Turkey. Turkish Sustainability Code also satisfies the EU Non-financial Reporting requirements. Developed small and medium enterprises in mind, the Turkish Sustainability Code satisfies almost %90 of the EcoVadis supply chain sustainability assessment scheme.
More information could be reached from here.