Verisk Ranks No. 4 on Investor’s Business Daily’s 100 Best ESG Companies List
19 Dezember 2023 - 1:44PM
Verisk Ranks No. 4 on Investor’s Business Daily’s 100 Best ESG
Companies List
Verisk (Nasdaq: VRSK), a leading global data analytics and
technology provider, has ranked fourth out of the 100 Best ESG
Companies in 2023 by Investor’s Business Daily. The fifth
annual list recognizes companies with superior environmental,
social and governance (ESG) ratings as well as fundamental and
technical stock performance.
“This honor further fuels the work of Verisk colleagues globally
to advance ESG efforts, from helping clients address
climate-related challenges, to developing unique ESG solutions and
furthering the impact of charitable organizations through our data
analytics, technologies, expertise and financial assistance,” said
Elizabeth Mann, chief financial officer at Verisk. “Our motivating
purpose at Verisk is to work together with the global insurance
industry, which plays a vital role in society, in building
resilience for individuals, communities and businesses
globally.”
Verisk’s resiliency efforts span many initiatives,
including:
-
Empowering property/casualty insurers and risk managers to
better navigate new and emerging risk exposures associated with the
climate crisis
- Tracking emerging
issues, such as PFAS, to highlight the importance of understanding
which industries and types of companies in the supply chain might
be producing harmful emissions
- Launching Sovereign
ESG Ratings that provide investors with the most comprehensive
picture available of ESG risks and opportunities across the
universe of current and potential sovereign debt issuers
- Supporting efforts
to help vulnerable populations recover from the impacts of conflict
and disasters
- Providing
evaluations of community firefighting capabilities to help
communities plan, budget for or justify changes to their fire
protection plans as well as assessments of municipal building codes
and their enforcement in the effort to save lives and reduce
property losses
- Helping insurers and
brokers access critical information regarding electric vehicles to
support their strategic underwriting and pricing decisions
- Engaging with
professional organizations and career conferences to advance the
interests of underrepresented groups
Verisk has also been recognized by USA TODAY and Statista
as one of America’s Climate Leaders. The list acknowledges the
leading U.S. companies that have achieved the greatest reduction in
emissions intensity between 2019 and 2021.
Learn more about Verisk’s ESG efforts.
IBD’s 100 Best ESG List Methodology To determine the 2023
100 Best ESG Companies list, IBD started with a company's
environmental, social and governance (ESG) sustainability score
created by Dow Jones Newswires, an IBD affiliate. Next, Dow Jones
provided an ESG-scored list to IBD of all the U.S.-traded companies
it tracks, a total of 2,067. IBD then cut the list to 1,559
companies by removing non-public companies and companies with stock
prices below $10 a share. Companies that lacked sufficient data to
create an IBD Composite rating and did not meet or beat the S&P
500 in the past five years were also removed. IBD further qualified
the list by selecting the 100 with the highest IBD Composite
Rating, all with scores of 81 or better. Finally, IBD ranked the
100 companies by Dow Jones' ESG score.
About Verisk Verisk (Nasdaq: VRSK) is a leading strategic
data analytics and technology partner to the global insurance
industry. It empowers clients to strengthen operating efficiency,
improve underwriting and claims outcomes, combat fraud and make
informed decisions about global risks, including climate change,
extreme events, ESG and political issues. Through advanced data
analytics, software, scientific research and deep industry
knowledge, Verisk helps build global resilience for individuals,
communities and businesses. With teams across more than 20
countries, Verisk consistently earns certification by Great
Place to Work and fosters an inclusive culture where
all team members feel they belong. For more,
visit Verisk.com and the Verisk
Newsroom.
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