Cowen Includes ESG Scores in All Company-Specific Research Reports
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Cowen Inc (Nasdaq: COWN) said it is one of the first major Wall Street investment firms to include an environmental, social and governance (ESG) score in its company equity research reports.
On Monday, the New York-based brokerage said its team of 55 analysts will start using data from third-party ESG specialist Truvalue Labs to provide “company-specific scores” in its equity research.
“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 standardization needed to have a clear view of corporate progress,” said Cowen’s director of research, Robert Fagin.