AB: PRISM - Unlocking the Power of ESG Data
PRISM 3.0, a digital ESG scoring platform developed by AllianceBernstein (AB), aims to solve the challenges of integrating financially material ESG risks and opportunities into investment portfolios. The platform addresses issues such as hard-to-find and subjective company ESG data, lack of global data standards, and limitations of third-party ESG rating providers.
Key features of PRISM 3.0 include:
- Sourcing nearly 180 metrics from NGOs, governments, and third parties
- Ensuring data integrity and minimizing human biases
- Allowing meaningful comparison of companies within and across industries
- Using industry-relevant metrics for more accurate assessments
- Covering 96-98% of investment-grade, high-yield, and emerging-market corporate bonds
- Freeing up credit analysts' time for targeted engagements with corporate issuers
PRISM 3.0 represents a data-driven solution to turn ESG data challenges into opportunities for better investment decision-making.
PRISM 3.0, una piattaforma digitale di scoring ESG sviluppata da AllianceBernstein (AB), mira a risolvere le sfide legate all'integrazione dei rischi e delle opportunità ESG di rilevanza finanziaria nei portafogli d'investimento. La piattaforma affronta problemi come la difficoltà nel reperire dati ESG aziendali soggettivi e di difficile accesso, la mancanza di standard globali per i dati e le limitazioni dei fornitori di rating ESG di terze parti.
Le caratteristiche principali di PRISM 3.0 includono:
- Raccolta di quasi 180 metriche da ONG, governi e terzi
- Garanzia dell'integrità dei dati e riduzione dei bias umani
- Consenti confronti significativi tra aziende all'interno e tra settori
- Utilizzo di metriche pertinenti al settore per valutazioni più accurate
- Copertura del 96-98% dei bond corporativi investment-grade, high-yield e dei mercati emergenti
- Liberare il tempo degli analisti creditizi per coinvolgimenti mirati con gli emittenti corporativi
PRISM 3.0 rappresenta una soluzione basata sui dati per trasformare le sfide dei dati ESG in opportunità per un miglior processo decisionale d'investimento.
PRISM 3.0, una plataforma digital de puntuación ESG desarrollada por AllianceBernstein (AB), tiene como objetivo resolver los desafíos de la integración de riesgos y oportunidades ESG materialmente financieros en las carteras de inversión. La plataforma aborda problemas como la dificultad para encontrar datos ESG de empresas, que son subjetivos y escasos, la falta de estándares globales de datos y las limitaciones de los proveedores de calificación ESG de terceros.
Las características clave de PRISM 3.0 incluyen:
- Obtención de casi 180 métricas de ONG, gobiernos y terceros
- Garantizar la integridad de los datos y minimizar sesgos humanos
- Permitir comparaciones significativas entre empresas dentro y entre industrias
- Uso de métricas relevantes para el sector para evaluaciones más precisas
- Cubrir del 96-98% de los bonos corporativos de grado de inversión, de alto rendimiento y de mercados emergentes
- Liberar tiempo a los analistas de crédito para compromisos específicos con los emisores corporativos
PRISM 3.0 representa una solución basada en datos para convertir los desafíos de los datos ESG en oportunidades para una mejor toma de decisiones de inversión.
PRISM 3.0, AllianceBernstein (AB)에서 개발한 디지털 ESG 점수 플랫폼은 재정적으로 중요한 ESG 위험 및 기회를 투자 포트폴리오에 통합하는 데 문제를 해결하는 것을 목표로 합니다. 이 플랫폼은 찾기 어려운 주관적인 기업 ESG 데이터, 전 세계 데이터 표준의 부족, 서드파티 ESG 평가 제공자의 한계 등과 같은 문제를 다룹니다.
PRISM 3.0의 주요 기능은 다음과 같습니다:
- NGO, 정부 및 제3자로부터 거의 180개의 지표 수집
- 데이터 무결성 보장 및 인간 편향 최소화
- 산업 내 및 산업 간의 의미 있는 기업 비교 허용
- 보다 정확한 평가를 위한 산업 관련 지표 사용
- 투자 등급, 고수익 및 신흥 시장 회사채의 96-98% 범위 커버
- 신용 분석가의 시간을 확보하여 기업 발행자와의 집중적인 참여 가능하게 함
PRISM 3.0은 ESG 데이터 문제를 더 나은 투자 의사결정을 위한 기회로 전환하는 데이터 기반 솔루션을 제공합니다.
PRISM 3.0, une plateforme numérique de notation ESG développée par AllianceBernstein (AB), vise à résoudre les défis d'intégration des risques et des opportunités ESG financièrement matérialisables dans les portefeuilles d'investissement. La plateforme aborde des problèmes tels que la difficulté de trouver des données ESG d'entreprise sujettes à interprétation, le manque de normes de données mondiales et les limitations des fournisseurs de notation ESG tiers.
Les caractéristiques clés de PRISM 3.0 incluent :
- Source de près de 180 indicateurs provenant d'ONG, de gouvernements et de tiers
- Assurer l'intégrité des données et minimiser les biais humains
- Permettre une comparaison significative des entreprises au sein et entre les secteurs
- Utilisation d'indicateurs pertinents pour le secteur pour des évaluations plus précises
- Couvrir 96-98 % des obligations d'entreprise de qualité d'investissement, à haut rendement et des marchés émergents
- Dégager du temps pour les analystes de crédit afin d'engager des interactions ciblées avec les émetteurs d'entreprise
PRISM 3.0 représente une solution axée sur les données pour transformer les défis des données ESG en opportunités pour une meilleure prise de décision en matière d'investissement.
PRISM 3.0, eine digitale ESG-Bewertungsplattform, die von AllianceBernstein (AB) entwickelt wurde, zielt darauf ab, die Herausforderungen bei der Integration finanziell relevanter ESG-Risiken und -Chancen in Investmentportfolios zu lösen. Die Plattform befasst sich mit Problemen wie schwer zu findenden und subjektiven ESG-Daten von Unternehmen, dem Mangel an globalen Datenstandards und den Einschränkungen von ESG-Rating-Anbietern Dritter.
Die zentralen Funktionen von PRISM 3.0 umfassen:
- Beschaffung von fast 180 Kennzahlen von NGOs, Regierungen und Dritten
- Gewährleistung der Datenintegrität und Minimierung menschlicher Vorurteile
- Ermöglichung eines sinnvollen Vergleichs von Unternehmen innerhalb und zwischen Branchen
- Verwendung von branchenspezifischen Kennzahlen für genauere Bewertungen
- Abdeckung von 96-98% der Unternehmensanleihen mit Investment-Grade, High-Yield und aus Schwellenländern
- Freigabe von Zeit der Kreditanalysten für gezielte Kontakte mit Unternehmensausgebern
PRISM 3.0 stellt eine datengestützte Lösung dar, um ESG-Datenprobleme in Chancen für bessere Investitionsentscheidungen zu verwandeln.
- None.
- None.
Kathleen Dumes, CFA | Responsible Investing Research Analyst-Fixed Income Responsible Investing
NORTHAMPTON, MA / ACCESSWIRE / September 20, 2024 / For a deeper dive into PRISM 3.0, read our paper, Breaking the ESG Barrier: Empowering Credit Investors Through Better and Faster Data.
Transcript
Investors need to integrate financially material ESG risks and opportunities into their portfolios. But that's no easy matter. Company ESG data, when it exists, can be hard to find and subjective. And there are few global data standards, making apples-to-apples comparisons challenging.
Investors looking to avoid data issues frequently turn to third-party ESG rating providers. Unfortunately, not only is there huge variability in ESG scores provided by third parties, but those scores often look in the rearview mirror, ignoring companies' commitments and paths forward.
That's why we've developed a new approach to credit research that allows our analysts to capture, objectively analyze and consistently evaluate financially material ESG metrics, turning a data problem into a data-driven solution.
We call this digital ESG scoring platform PRISM 3.0.
PRISM sources nearly 180 metrics from NGOs, governments and third parties.
This data is not only financially material, in our view, but is also clean, to ensure data integrity. That helps minimize human biases and generates more objective company analyses.
PRISM's resulting ESG scores allow for meaningful comparison of companies, both within industries and across industries. That's because PRISM doesn't try to fit the same generic ESG metrics onto all companies. Because different industries are exposed to different environmental and social risks, PRISM looks at industry-relevantmetrics to provide more accurate assessments.
For example, when analyzing an airline, looking only at carbon intensity may be misleading. Emissions per passenger-kilometer flown better represent an airline's ability to be fuel efficient.
Unlike most third-party scorers, PRISM covers 96 to
Lastly, PRISM frees up credit analysts' time, allowing them to focus on targeted engagements* with corporate issuers to gain unique, forward-looking insights-the kind that power active investing.
Ultimately, PRISM puts robust, contextualized ESG data at portfolio managers' fingertips to enable faster-and better-decision-making for client portfolios.
*AB engages issuers where it believes the engagement is in the best financial interest of its clients.
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to revision over time.
Learn more about AB's approach to responsibility here.
View additional multimedia and more ESG storytelling from AllianceBernstein on 3blmedia.com.
Contact Info:
Spokesperson: AllianceBernstein
Website: https://www.3blmedia.com/profiles/alliancebernstein
Email: info@3blmedia.com
SOURCE: AllianceBernstein
View the original press release on accesswire.com
FAQ
What is PRISM 3.0 and how does it help investors with ESG data?
How does PRISM 3.0 differ from third-party ESG rating providers?
What percentage of corporate bonds does AB's PRISM 3.0 cover?
How does PRISM 3.0 address the issue of subjective ESG data?
What benefits does PRISM 3.0 offer to credit analysts at AB?
