Investors can track corporate alignment to the U.N. Sustainable Development Goals in real time through a free monitor released Monday by FactSet'sTruvalue Labs.
The SDG Monitor is based on a data set fed by more than 100,000 information sources in 13 languages, including news, non-governmental organization reports, industry publications and social media. The analysis focuses on overall corporate effect, not just percentage of company revenue categorized by the goals.
The monitor covers more than 21,000 companies worldwide and is organized by country and region so investors can check on companies' aggregate performance when it comes to SDGs.
According to a 2020 Truvalue ESG Investor Forum poll, 28% of respondents said their investment frameworks were currently aligned to the U.N. SDGs while 42% said they had plans to align. Among respondents, 72% found social factors the most difficult to analyze and integrate, and 18% said that for environmental factors.
Lila Karbassi, chief of programs at United Nations Global Compact, said in the news release that fulfilling the compact's 2030 sustainable development goals "will take an unprecedented effort by all sectors in society," and the new monitor could provide "a new layer of understanding around real world outcomes."