Leveraging The Upright Project’s Net Impact data, MarketBeat is the first financial media company in the United States that enables subscribers to make investment decisions based on holistic value creation and the net impact of companies.
MarketBeat, a leading source for stock market data and research tools, announced a strategic partnership with The Upright Project to help investors assess the net environmental and societal impact of their trading decisions.
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Leveraging The Upright Project’s Net Impact data, MarketBeat is the first financial media company in the United States that enables subscribers to make investment decisions based on holistic value creation and the net impact of companies. Investors can now assess the sustainability of each stock at marketbeat.com with new models measuring the societal, knowledge generation, health, and environmental impacts of a company.
Net impact concentrates on the scientifically-examined largest impacts that a company’s core business has on the surrounding world. The model answers the question: What does the company achieve with the resources it employs?
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“This is part of a larger systemic change of money market dynamics where organizations have incentives to optimize their net impact to attract and to receive funding,” said Upright Project Global Growth & Product Lead Tuukka Yrttimaa. “Through our partnership with MarketBeat, Upright’s net impact data will be involved in an increasing number of investment decisions and therefore contribute to the broader transformation of money market dynamics. This move is very much in line with our mission to incentivize companies to optimize their net impact.”
The announcement marks MarketBeat’s first feature release of 2022, following a year of rollouts that included sentiment-based tools which enable investors to spot trends, community conversations, and media traction with ease.
“Today’s investors want to know that the companies they are investing in are good corporate citizens that take care of the environment, create good jobs that pay a living wage, and further the advancement of human knowledge,” said MarketBeat Founder and CEO Matt Paulson. “They want companies to do more than just generate bottom-line profits, and we’re pleased to support them in their mission to invest in a better world. Upright’s Net Impact data provides objective measurements to show which companies are making positive contributions to the environment, society, and the workforce.”
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