NYSE Euronext (NYX) and ASSET4, a provider of environmental, social and corporate governance (ESG) information services, will collaborate to provide tools to help NYSE-listed companies benchmark their extra-financial policies and practices.
NYSE Euronext will provide the ASSET4 assetmasterExecutive tool to a number of NYSE-listed companies, enabling them to manage risk, enhance corporate governance practices and increase accountability. This follows a pilot program during which NYSE Euronext-listed issuers successfully incorporated the ASSET4 solution into their corporate responsibility evaluation processes.
Environmental, social and governance (ESG) issues have now become very important factors affecting a companys overall performance and risk profile, says Joseph Mecane, EVP and chief administrative officer, U.S. Markets, NYSE Euronext. ASSET4 can provide corporate leaders a sustainability matrix through which they manage their corporate social responsibility strategies with increased accuracy. We are pleased to work with ASSET4, and our collaboration underscores NYSE Euronexts commitment to providing world-class value-added services to our listed companies.
Our partnership with NYSE Euronext is a major milestone in the recognition of the increasing impact that ESG issues have on corporate performance and risk, says Peter Ohnemus, CEO and president of ASSET4. Investors and corporate CEOs understand the need for a new level of transparency in the way they do business and conduct their communications.
assetmasterExecutive gives corporate executives, board members, CSR managers, investor relations and corporate communication professionals the ability to monitor and benchmark their own extra-financial performance and risk factors, and in turn prepare them for the new business and regulatory reality that will be emerging in the months and years to come.
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