Innovative measurement of a company's dynamic sustainability developments

In addition to financial indicators such as dividend yield or price-earnings-ratio, investors are increasingly focusing on indicators related to the environmental behavior of a company. These indicators are known as ESG (Environmental, Social, Governance) factors and allow you to match your investment decisions with your personal values.

We are taking an innovative approach!

Until now, ESG ratings have consisted of a remarkably diverse pool of factors – from paper recycling to union ratios – and without any real transparency as to how the actual calculation is arrived at. This was only of limited help to investors.

After intensive research of existing rating concepts and analysis of scientific studies on ESG ratings and opinion polls, GGX has developed a globally unique pure-play approach to ESG ratings.

GGX ESG Rating – how does it work?

Our independent Rating considers circa 20 factors (see table with examples) and measures from reporting period to reporting period of the respective company. So their dynamic development: improvement, synchronization or deterioration.

GGX Core Factors
Segment
Sub-Segment
GGX Core Factors
Direct CO2 Emissions Production & Fleet by Company ("Scope 1")
Segment
Environmental
Sub-Segment
Climate & Carbon Emissions
GGX Core Factors
Indirect CO2 Emissions via Purchased Energy by Company ("Scope 2")
Segment
Environmental
Sub-Segment
Climate & Carbon Emissions
GGX Core Factors
Indirect CO2 Emissions Pre-Production & Distribution Channels by Company ("Scope 3")
Segment
Environmental
Sub-Segment
Climate & Carbon Emissions
GGX Core Factors
Direct CO2 Emissions to Corporate Revenue Dynamics Factor
Segment
Environmental
Sub-Segment
Climate & Carbon Emissions
GGX Core Factors
Produced Amount of Waste (Total)
Segment
Environmental
Sub-Segment
Resource Use
GGX Core Factors
Corporate Waste Recycling Ratio
Segment
Environmental
Sub-Segment
Resource Use
GGX Core Factors
Direct Energy Consumption
Segment
Environmental
Sub-Segment
Energy Consumption
GGX Core Factors
Renewable Energy Consumption
Segment
Environmental
Sub-Segment
Renewable Energy Consumption
GGX Core Factors
Renewable Energy Produced
Segment
Environmental
Sub-Segment
Renewable Energy Consumption
GGX Core Factors
Water Withdrawl Total
Segment
Environmental
Sub-Segment
Water Consumption
GGX Core Factors
Women Board Diversity Factor
Segment
Governance
Sub-Segment
Board Gender Diversity
GGX Core Factors
CEO Salary Gap Ratio
Segment
Governance
Sub-Segment
Salary Gap
GGX Core Factors
Total Top Executives Compensation vs. EBIT Alingment
Segment
Governance
Sub-Segment
Compensation Fairness
GGX Core Factors
Female Managers Factor (Middle Management Level)
Segment
Social
Sub-Segment
Female Inclusion & Empowerment
GGX Core Factors
Employment Creation Factor
Segment
Social
Sub-Segment
Job Growth
GGX Core Factors
Fossil Energy Consumption Sector Lead Factor
Segment
Enironmental
Sub-Segment
Sector Fossil Energy Intensity Dynamics

Our ESG Rating thus reflects whether and how well the company achieves the clearly defined ESG factors – or not. The rating is adjusted as soon as new data is available from the company.

Rating Classification

Similar to the descriptions from "very good" to "very weak" familiar from the school grading system, there is also a description per rating class for the values achieved in the GGX ESG Rating. The descriptions are in English, as is customary in the industry.

Rating ValuesDescription (ESG Performance)
1.00Weak
2.00Lagging
3.00Low
4.00Moderate
5.00Improving
6.00Progressive
7.00Advanced
8.00Leading
> 9.00Exceptional

ESG data – what do we do better?

GGX has deliberately chosen a Pure Play approach to the selection of ESG factors. In contrast to conventional ESG ratings, which include many factors in the final rating (up to 400 individual indicators), use different sources (mostly through AI robotics) and include their own future forecasts on the achievement of the ESG goals of the respective company in their ESG rating, often in a non-transparent manner, we focus on real, quality-checked facts – which can be clearly interpreted by investors.

First, GGX acquires the raw company data from a direct source with its own employees or uses data points from accredited data partners. We focus on around 20 selected factors which, after extensive preliminary analysis, optimally reflect ESG performance. Based on this raw ESG data, a rating grade from 0 to 10 is evaluated and presented. Our data cycle is 100% self-acquired, developed and quality-checked.

The advantage of the GGX ESG rating is that, thanks to the manageable number of factors, all changes with regard to individual indicators are clearly recognizable and thus the ESG dynamics of the company are clearly and promptly measurable for the investor - and much easier to assess.

The more factors are included in the ESG rating, the less clear the result of the changes would be.

More about ESG Data

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