All Street Research has launched Sevva, an AI powered platform for ESG ratings. The platform, which was developed in collaboration with the University of Cambridge, will deliver unprecedented hyperscale to sustainability assessments, the firm says.
Sevva’s real time ratings are based on the United Nations Sustainable Development Goals (UN SDGs), and cover all 70,000 publicly listed companies globally, any private company, and any fund. This makes Sevva the world’s most comprehensive sustainability analysis of global capital markets.
Sevva’s Cognitive Robots instantly read millions of ESG data points from all publicly available information for every company to automatically calculate ESG ratings. The platform provides unrivalled data transparency, as investment professionals can access the underlying sources which the ratings are based on. The Cognitive Robots can also automatically translate company’s disclosures from any foreign language.
For the first time, Sevva is supplying investors with in-depth ESG analysis of the entire public and private investable universe. According to Sevva’s research, 80 per cent of the world’s largest companies, comprising 1,600 in total, are still not addressing all 17 of the SDGs. Through Sevva’s platform, investors can see at a glance which companies are lagging.
The platform is set to transform ESG investment research by helping asset managers, banks, VCs, private equity and other early-stage investors to overcome information overload, increase efficiency through freeing up human capital and generate improved return on investment. Its scalable ratings methodology addresses the coverage gap in ratings for emerging markets companies and small and medium-sized enterprises, which are engines of global economic growth and essential to meeting global climate targets.
Emanuela Vartolomei, Founder and CEO of All Street, says: “The upcoming COP26 must see world leaders affirm that building back better requires both aggressive climate objectives and sustainable development targets. There are 250 million companies in the world that can make this happen. Only AI can provide this scale of ESG assessment. We are extremely proud that All Street will be able to play a leading role in bringing the power of AI to help solve some of humanity’s greatest challenges.”