What is Covalence?
Since 2001, Covalence has been diving deep into the world of corporate responsibility, evaluating companies based on Environment, Social, and Governance (ESG) criteria. Using an AI-powered scoring system, it compares corporate disclosures with news sentiment — a clever way to get a fuller picture of how companies perform beyond just their own reports. Every month, Covalence updates ESG ratings for a whopping 15,000 listed companies worldwide. These ratings aren’t just numbers; they’re aggregated to create bespoke portfolio reports tailored to specific needs. Plus, Covalence brings expertise on social and political issues like human rights, peace, and democracy into the mix.
Main Benefits of Covalence’s ESG Ratings
Here’s a quick snapshot of what makes Covalence stand out:
- Founded in Geneva in 2001, with over two decades of experience
- Focus on media analysis and social issues to enrich ESG evaluations
- Monthly-updated ESG ratings covering 15,000 companies globally
- AI-powered scoring system that blends corporate disclosures with news sentiment
- Custom portfolio reports that help investors monitor and manage risks
- Expertise in social and political topics such as human rights, peace, and democracy
Supporting Professional Investors
Covalence offers professional investors a powerful toolkit. It provides ESG ratings and data that help monitor portfolios, define investment universes, track controversies, and manage reputational risks. This means investors can keep a close eye on how companies perform not just financially, but ethically and socially too. The data also helps document positive impacts, making it easier to align investments with values and sustainability goals.
Services Beyond Investment Management
But Covalence isn’t just for investors. It also supports non-profit organizations working with multinational companies. These services are invaluable for thematic studies, rankings, partner searches, and reputation risk management. In other words, Covalence helps NGOs and other groups understand and influence corporate behavior on a global scale, using solid data and insightful analysis.
Academic Research and Sustainability
Academics benefit from Covalence’s extensive ESG data and ratings too. The platform supports further research into the business case for sustainability, providing a rich resource for studies that explore how companies integrate environmental, social, and governance factors into their operations. This helps build a stronger foundation for sustainable business practices worldwide.
Impact on Sustainable Development Goals (SDGs)
- SDG 8: Decent Work and Economic Growth
- SDG 10: Reduced Inequalities
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 16: Peace, Justice, and Strong Institutions
- SDG 17: Partnerships for the Goals
Why Covalence Matters Today
In a world where corporate transparency and responsibility are more important than ever, Covalence offers a unique blend of technology and expertise. Its AI-driven approach combined with a deep understanding of social and political issues makes it a go-to source for anyone serious about ESG. Whether it’s investors wanting to manage risks, NGOs aiming to influence corporate behavior, or researchers exploring sustainability, Covalence provides the data and insights needed to make informed decisions. It’s not just about numbers — it’s about understanding the bigger picture and driving positive change.
