ESG data standardized into overall easily identified ESG scores now available on
Argos Risk’s flagship solution, AR Surveillance™
MINNEAPOLIS, MN, June 28, 2022 - Argos Risk, a leading provider of Third-Party Risk Intelligence (TPRI) services, announces the addition of ESG scores to its product line.
ESG (Environmental, Social and Governance) metrics have become mainstream with an increased understanding of environmental impacts from natural disasters, pressures of innovation, and the effect of negative social corporate behavior. These factors can have a severe financial impact on a company's long-term viability.
AR surveillance will provide relevant ESG scores, including climate risk, environmental impact, water, waste, and hazardous materials management, greenhouse gas emissions, community engagement, and emerging regulations.
As the expectation for corporations to improve social outcomes has grown, ESG has facilitated the development of these standards. Although ESG has not traditionally been seen as material to business outcomes, evidence suggests that good ESG performance contributes in a positive way to sales growth, net income, and the stability of the business.
In addition to managing the risks associated with third-party relationships, ESG data can help foster confidence that a company is unlikely to face regulatory or reputational concerns. Argos Risk’s President and CEO, Lori Frank, stated "using Argos Risk's proprietary algorithms, the data can be standardized into an overall, easily visible ESG dashboard, enabling consistent data comparisons across organizations."
Argos Risk is continuing to expand its portfolio of Argonomic™ data available within the AR Surveillance platform. Benefiting our thousands of users as they manage their third-party relationships.
About Argos Risk
Argos Risk is a leading provider of Third-Party Risk Intelligence solutions. Since 2010, Argos Risk has fulfilled a need for timely and comprehensive risk mitigation knowledge with third-party risk intelligence. Argos Risk provides innovative and affordable subscription services to help companies manage the risk associated with their third-party relationships in Supply Chain Management, Vendor Management, ACH/RDC origination, and Direct and Indirect Lending.
Argos Risk, LLC
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