RepRisk endorses the Hong Kong Code of Conduct for ESG Ratings and Data Product Providers

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RepRisk is pleased to endorse the Hong Kong Code of Conduct for ESG Ratings and Data Product Providers (“Code”), developed by an industry working group sponsored by the Hong Kong Securities and Futures Commission (SFC). The Code aligns with the recommendations published by the International Organization of Securities Commissions (IOSCO) and is hosted by the International Capital Market Association (ICMA). Its goal is to establish and promote a globally consistent, interoperable, and proportionate voluntary code for ESG ratings and data providers operating in Hong Kong. 
 
RepRisk’s business is built on transparency and we have been consistently open with clients, partners, and the public about our methodology. In November 2021, RepRisk became the first ESG data provider to publicly disclose its methodology on its website, making it accessible to all. Building on this commitment, in November 2022, we introduced the Transparency Commitment Charter, designed to enhance understanding of our dataset, methodology, underlying data points, and metrics. This initiative ensures that investors and decision-makers can easily interpret and apply ESG data to their specific needs. By championing transparency, RepRisk empowers stakeholders to leverage ESG insights effectively, while fostering accountability and responsible business practices across industries. 
 
RepRisk actively supports global transparency initiatives and has been a pioneer in endorsing similar Codes from different jurisdictions. In early 2023, we became one of the first organizations to endorse the Japan Financial Services Agency (JFSA, 金融庁) Code of Conduct for ESG Evaluation and Data Providers. As a member of the ESG Data and Ratings Code of Conduct Working Group, RepRisk contributed to the development of the ICMA Code of Conduct for ESG Ratings and Data Products Providers and was among the first ESG data providers to endorse it before its official launch in January 2024. Additionally, RepRisk has signed and endorsed the Monetary Authority of Singapore (MAS) Code of Conduct for ESG Rating and Data Product Providers in April 2024. These endorsements reflect RepRisk’s unwavering commitment to operational excellence and reinforce the call for greater transparency in the ESG industry. 
 
RepRisk is proud to share its self-attestation document, outlining our response to each principle within the Code.

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About RepRisk

RepRisk is the world’s most respected data technology company for business conduct and ESG risk. From 2008, RepRisk’s data has been trusted by the world’s leading banks, investment managers, Fortune 500 companies, sovereign wealth funds, and organizations such as the OECD, UN, and the World Bank. Combining advanced AI with deep human expertise, and a proven methodology at the core, RepRisk’s solutions bring peace of mind, enabling clients to ‘know more, know sooner, and act faster’. Our pioneering solutions help to strengthen due diligence processes in areas such as biodiversity, deforestation, human rights, and corruption, empowering clients to identify, monitor, manage, and mitigate reputational, compliance, and financial risks. Headquartered in Zurich, and with offices in Toronto, New York, London, Berlin, Manila, and Tokyo, we set the global standard for business conduct data. United by our shared belief in the power of data, our 400 people are proud to be creating positive change through transparency.

Visit us at www.reprisk.com.