Home > Inrate takes over CGAS

Inrate takes over CGAS

Mar 23, 2016

Inrate has acquired the shareholder services and corresponding clients of Corporate Governance Agency Switzerland, strengthening its product portfolio for engaging investors under the zRating label.
In doing so, zRating has consolidated its position as one of the leading swiss companies engaged in providing voting recommendations in the institutional area.

The takeover of the shareholder services of the Corporate Governance Agency Switzerland (CGAS) through Inrate appears logical for Christophe Volonté, Head of Corporate Governance at Inrate and Head of zRating: ”Since 2013 we have had a successful strategic alliance with CGAS and developed a common philosophy. This next logical step should help to improve Corporate Governance from a decidedly Swiss point of view”.

“The takeover of the activities through zRating improves the possibilities and strengthens the weight of improvements for the Corporate Governance in Switzerland” says Thomas Fischer, founder of CGAS. Mr. Fischer will become a member of the Board of Experts at zRating, where he will contribute to the development of voting directives through his extensive knowledge in the corporate governance field.

“In the context of sustainable investments, the dialogue with companies is becoming increasingly important” Christoph Müller explains, director of the Board of Directors at Inrate. “Therefore, the link between sustainability-analysis and designated experts in the field of Corporate Governance is of strategic importance”.

Financial market infrastructure provider SIX announced today the launch of a new climate data offering, aimed at supporting investors in reporting and monitoring of climate factors, and in climate-related investment and risk decision making.

The climate data sets, from various data providers in a range of industries, will provide clients with modelled and reported emissions data, covering over 33,000 companies globally, and bringing together multiple data sets on regulatory, historical and forward-looking climate impacts from providers including MSCI and Inrate. SIX also announced that it has recently entered into an agreement with environmental disclosure platform CDP to offer access to its global Greenhouse Gas (GHG) Emissions Dataset across various industries.

According to SIX, the new data sets come as investors increasingly require ESG and climate data to monitor investment decisions and to meet growing regulatory disclosure requirements, including the EU’s SFDR and the U.S.’ upcoming SEC Climate Disclosure Rules.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, said:

“Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing – both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market.”