SRI Data ‘Adds Real Value’ at Bloomberg
December 28, 2011
Curtis Ravenel was a forerunner at Bloomberg when, in 2006, he realized that ESG data might be useful for the company’s clients. “We really didn’t have many clients in that space,” he says. “It was interesting to see that there was a brand new data set that was helping to inform investors about more than just financial capital.” He persuaded Bloomberg to add ESG data to its terminals; the result has been rapid growth in their sustainability products, and the recognition throughout the many divisions of the organization that SRI in the realm of ESG “makes good business sense.” Above all, it allows the organization’s clients – busy professionals – to make decisions that are informed by a broader stream of information.
“As a financial information company trying to deliver value to its clients,” says Ravenel, “we have realized that extending the notion of capital beyond financial to human and environmental is becoming increasingly important.”
This video interview was recorded in New York City on 13 December 2011 during the ESG USA 2011 Conference “Investing for a Sustainable Economy,” organized by the Responsible Investor in association with Bloomberg.
Low-res video (mp4)
Audio transcript (mp3)