Refinitiv has announced the launch of Lipper Fund ESG Scores providing fund comparisons for portfolio managers, advisors and investors.

Refinitiv Lipper Fund ESG Scores combine Lipper 330,000 fund share classes, ESG coverage on 9,000 companies and Refinitiv’s proprietary scoring methodology to produce fund scores on over 19,000 portfolios across equities and bonds.

Refinitiv says the scores are designed to measure ESG across 10 themes including emissions, environmental product innovation, diversity and inclusion, human rights, and shareholder rights. The scores incorporate two ESG metrics in the model:

• ESG score – measures company’s or fund’s ESG performance based on verifiable reported data in the public domain.
• ESG combined score – overlays the ESG score with ESG controversies (impact of negative events) to provide a comprehensive evaluation on the company’s sustainability impact and conduct in near real time.

There are also three total pillar scores to review how a fund or company performed according to the individual pillars of E, S and G, which are made up of 10 key themes.