RepRisk endorses Code of Conduct for ESG Rating and Data Product Providers by the Monetary Authority of Singapore

---

RepRisk is pleased to endorse the Singapore Code of Conduct for ESG Rating and Data Product Providers (“Code”) which was developed by the Monetary Authority of Singapore ("MAS") together with industry players. The Code aligns with the recommendations published by the International Organization of Securities Commission and is hosted by the International Capital Market Association (“ICMA”). It is one of Singapore’s efforts to enhance transparency, establish best practices in addressing conflict of interest, and ensure the reliability and independence of the country’s ESG rating and data market.

RepRisk supports MAS’ commitment to promoting transparency and accountability in the ESG data market as the demand for ESG data solutions in Asia continues to grow. RepRisk also intends to further its engagement with MAS by enhancing its broader strategy to accelerate responsible business practices and long-term sustainability of the country’s ESG industry.

RepRisk’s business is built on transparency and we have been consistently open about our methodology with clients and partners. In November 2021, RepRisk became the first ESG data provider to publish its methodology on its website for everyone to see. In November 2022, RepRisk published a Transparency Commitment Charter to make the purpose of its dataset, its methodology, the underlying data points, as well as how its metrics are easily understandable for investors and decision-makers. RepRisk’s commitment to transparency empowers its users to apply the right data to their use case and to leverage what ESG means for their organization. It also helps drive accountability and responsible business practices for clients and partners.

RepRisk was among the first to endorse the Japan Financial Services Agency (JFSA, 金融庁) Code of Conduct for ESG Evaluation and Data Providers in early 2023. As a member of the ESG Data and Ratings Code of Conduct Working Group, RepRisk contributed to the creation of the internationally applicable ICMA Code of Conduct for ESG Ratings and Data Products Providers and became one of the first ESG data providers to endorse it before its official launch in January 2024. These endorsements are a testament to RepRisk’s dedication to operational excellence and echoes the call for more transparency in the ESG industry.

RepRisk is proud to share its response to each principle in the checklist provided by MAS.

---

About RepRisk

RepRisk is the world’s most respected Data as a Service (DaaS) company for reputational risks and responsible business conduct. From 2007, 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, be sure, and act faster’. Our pioneering solutions help to strengthen due diligence processes across ESG topics, such as biodiversity, deforestation, human rights, and corruption, empowering clients to identify, monitor, and mitigate reputational, compliance, and financial risks. Headquartered in Zurich, and with offices in Toronto, New York, London, Berlin, Manila, and Tokyo, we stay close to clients and bring an independent lens to the industry. United by our shared belief in the power of data, our 400 people are proud to be setting the global standard for business conduct data and driving positive change through transparency.

Visit us at www.reprisk.com.