AI-driven services calculate ESG impacts in Dollars & Cents in Asia

CHAM, Switzerland - March 22, 2024 - PRLog -- Zug, Switzerland: Moore Hong Kong, an international accounting and advisory firm, and Yieldrive AG, the Swiss fintech company, are joining forces in Asia to provide companies and financial institutions with AI-driven ESG data and calculations.

The joint ESG services are unique in calculating "ESG in Dollars and Cents" in the $50 trillion (AUM) strong World ESG market.

Companies can actively manage their ESG efforts based on "hard" financials: Boards will improve their ESG oversight and companies can impress shareholders by finally reporting their ESG financials. And executive compensation will be informed by financial ESG data and their impacts on income, profitability and value.

Asset managers can track and finetune the impacts of ESG on the risk/return profiles of their portfolios.

"The market for ESG data and support services is huge, estimated at $65 bn worldwide. Yet almost no one is offering a service to calculate the financial impacts of companies' ESG projects," says Patrick Rozario, Managing Director of Moore Advisory Services in Hong Kong.

The Yieldrive financial ESG algorithm was proven effective in two indexes run with Euromoney media. It demonstrated that ESG can measurably impact stock prices, revenues, margins, cost of equity, earnings per share and fair value, for example.

"Recent surveys have shown that investors, executives, asset managers and key stakeholders are demanding to see company-specific financial impacts of ESG, and not just relatively non-actionable compliance data—also called "box checking," comments Dr William Cox, CEO of Yieldrive AG.

Moore Hong Kong is a member firm of Moore Global, a worldwide accountancy and consulting network with roots in the UK going back over 100 years.  The Moore Global international member firms work from more than 600 offices in over 110 countries with over 34,000 dedicated people, giving presence to provide focussed, high-quality advice with international scope.

Yieldrive AG is a Swiss financial technology stock company using state-of-the-art AI combined with advanced and proven algorithms founded by specialists in ESG, investing, technology and financial services 3 years ago. It offers unique services calculating and tracking the financial impacts of ESG in companies and portfolios.

https://yieldrive.com