Carter Darrin

Covalence SA

Founded in Geneva in 2001, Covalence tracks the ESG reputation of companies using media monitoring, artificial intelligence and human analysis. We offer news sentiment analytics as well as ESG ratings and data to corporates, investors and academics. Covalence's expertise is useful for reputation management, Environment, Social and Governance (ESG) metrics and documenting the impact of companies. Our main differentiators are: news based-data covering negative and positive issues; special skills on the S of ESG; forward-looking data enabling to assess the credibility of sustainability commitments and identify greenwashing risks. To produce ratings covering more than 15'000 firms we compare ESG data publicly reported by companies (disclosure) to online narrative content reflecting the perceptions of stakeholders such as the media and NGOs (reputation). Our dynamic, granular, news-based data covers ESG practices (GRI-inspired criteria), impact (SDG, SFDR), materiality (SASB), and forward-looking statements. This approach allows users to track inconsistencies, monitor changes, and benefit from timely alternative data. The information is delivered in an actionable format to support ESG risk exposure mitigation and long-term value creation. Covalence is a signatory of the Principles for Responsible Investment (PRI), an institutional partner of Sustainable Finance Geneva (SFG), a founding member of Swiss Sustainable Finance, and a member of the Chamber of Social and Solidarity Economy in Geneva APRÈS-GE. Since 2001 Covalence has received the following awards and recognitions: • Eagle Alpha's ESG Data Hackathon Winner 2021 • Best Pedagogical Innovation at the FIR-PRI Finance & Sustainability Awards 2019 • 10 finance innovations — Geneva, the sustainable finance laboratory (2014) • Ethisphere 2009's 100 Most Influential People in Business Ethics • Finalist Social Entrepreneur of the Year 2005 Switzerland • Prix cantonal du développement durable 2004 (Genève)