Ethical Funds Co. says it has acquired a subscription for the ASSET4 information solution. ASSET4 AG, based in Zug, Switzerland is a provider of objective and measurable environmental, social and corporate governance (ESG) information.

Vancouver-based Ethical Funds plans to integrate ASSET4 information into its proprietary Corporate Sustainability Scorecard processes that it uses to manage its $2.7 billion in assets under management.

“We have made a commitment to ‘reinvent how people see profit’ and to achieve that we take a holistic approach to evaluating corporate performance,” says Robert Walker, vp, sustainability, Ethical Funds. “At the heart of these processes are ESG data. With the ASSET4 information system, including their global focus, we now have access to the most comprehensive source of environmental, social and governance data available today.”

“Ethical Funds is a leader in the SRI investment industry in Canada and has an established, sophisticated process to evaluate the overall financial and ESG performance of companies,” says Ted Yarnell, vp and general manager of ASSET4’s business in the Americas. “Our assetmasterProfessional system gives Ethical Funds access to a broader range of ESG information than they have had before and frees up their analysts from the time-consuming task of collecting the data themselves.”