AI-driven ESG indices under construction for Solactive and Truvalue Labs

Solactive, the German index engineering firm, will collaborate with San Francisco-based AI company Truvalue Labs, intensifying efforts to meet a significant increase in client demand for ESG indices.

From its Global Benchmark Series, Solactive selects companies with high data volume and high “Insight Scores”, Truvalue Labs’ proprietary ESG rating. Backtests of the strategy have shown outperformance in different markets. The index design allows clients to individually form regional or domestic index combinations, providing full flexibility in the creation of custom equity strategies in index format.

Truvalue Labs sources and analyzes information differently than other ESG data firms through its use of artificial intelligence and machine learning. The firm parses unstructured data from more than 100,000 sources compiling an independent perspective on company ESG performance instead of relying on company disclosures.

Hendrik Bartel, CEO and co-founder of Truvalue Labs, said in a statement: “As more investors increasingly integrate ESG into their investment processes, it is our mission to provide signals that are timely and sourced from transparent data.”

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