CSRHub LLC and Target Rock Advisors, LLC today announced the launch of a partnership through which they will provide the analysis and publication of sustainability performance data and reports for the U.S. energy utilities industry. The partnership marries CSRHub’s Sustainability and Corporate Social Responsibility (CSR) data platform with Target Rock’s energy sustainability and utilities industry expertise.
The first product launched through this partnership is Target Rock’s 2012 Sustainability Benchmark Report for U.S. domiciled energy utilities. This report compares the sustainability performance of each of forty-six utilities with its sustainability peer group and with the entire forty-six. While Target Rock released it 2012 sustainability scores and rankings in February, 2012, these new reports contain significantly greater detail and also provide previously unpublished benchmarks and peer analytics. You may see the Target Rock Sustainability Benchmark Report list on CSRHub and download a report sample.
In the future, CSRHub and Target Rock intend to provide even greater analytical depth and additional layers of value within the energy utilities sector as the two firms integrate their respective resources and strengths.
“We are delighted to partner with Target Rock. Together, we will be able to provide customers seeking to improve the sustainability of the utility and financial industries with powerful tools for data analysis, insight and decision making,” said Bahar Gidwani, Chief Executive Officer and Cofounder of CSRHub.
“We are very excited about our new relationship with CSRHub,” said Richard Rudden, Managing Partner and Co-founder of Target Rock. “Our greatest strengths are the depth and sophistication that Target Rock has in the utilities and financial industries and the robustness of our sector-specific analytics,” Richard continued. “Our team has over 250 years of experience at utility companies, investment banks, brokerages, global infrastructure engineering and construction firms, and management and strategy consulting companies. CSRHub’s team brings many years of strategic sustainability consulting, CSR annual reporting, and environment, social and governance metrics and ratings analysis. We believe our combination of capabilities will provide our clients specifically, and the sustainable and socially responsible investment community at large, with an unparalleled depth and level of services.”
CSRHub's goal is to foster access to sustainability and CSR information. The Company aims to be an engine of transparency that encourages more consistent and actionable disclosure from all types of organizations by providing access to corporate social responsibility and sustainability ratings and information on more than 6,500 companies from 135 industries in 70 countries. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world.
About Target Rock
Target Rock is dedicated to the rigorous study and implementation of sustainability policies and practices within the utility and financial industries. Our mission is to provide data, information, analytical systems and deep sector-specific technical expertise that identifies areas for improved performance and helps utility companies achieve their sustainability objectives with favorable social and economic outcomes. Through our partners and associates, Target Rock has over 250 years of combined experience in sustainability and executive leadership, equities and fixed income analysis, financial management, statistics and econometrics, regulatory policy analysis and management consulting.
KEYWORDS: Business & Trade, Bahar Gidwani, Target Rock, energy sustainability, utilities, Target Rock’s Sustainability Benchmark Report, peer analytics, CSRHub and Target Rock partnership
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