US brokers Cowen will now include ESG scores in all their equity research.

Cowen will give an ESG score for companies from 1 to 100 with 50 being a neutral score and anything over 50 a positive score. The firm will use data from Truvalue Labs that uses artificial intelligence to assess ESG ratings. ESG scores would be made available to Cowen’s team of 55 analysts from Monday.

“ESG factors have become a critical component of the investment process and there is a distinct need to have a solution set that can address the volume of information involved and standardisation needed to have a clear view of corporate progress,” Robert Fagin, Cowen’s Director of Research said.