Blending Alternative Data For ESG Investing

A Data Team Approach To An Investment Challenge – Eagle Alpha’s ESG Data Hackathon Winner 2021

This paper is the result of a collaboration between Eagle Alpha, OttoQuant , and seven alternative data providers brought together for Eagle Alpha’s ESG Data Hackathon in May 2021. To address the Hackathon theme, we explored how alternative data can fill gaps in standard ESG measures and provide deeper insights into ESG criteria. We looked at ESG measures for Exxon Mobil and Toyota, and have organized the results by data provider, as each provider brings unique insights. Geneva, Switzerland based Covalence provides our overarching theme. Covalence reports both ESG measures disclosed by companies and public/ news based sentiment around ESG criteria. More…

Source: Eagle Alpha, OttoQuant