11 January 2010
Trucost Plc., the global environmental data company, based in London, Boston and New York, who provides data and analysis on carbon and other environmental impacts of companies, announces today its partnership with Value Line, one of the largest independent research firms in the United States. For over 75 years, Value Line has been synonymous with reliability, objectivity, independence, accurate information and proven performance for investors. Trucost, since 2000, has been helping a growing body of investors, companies and governments understand how environmental issues will affect companies' businesses as well as potential profitability & valuation impacts accordingly.
Value Line's arrangement with Trucost will include joint creation & marketing of funds combining the strength of Trucost & Value Line analysis, covering among other vehicles, mutual funds & separately managed accounts. In addition, Value Line will facilitate access to Trucost's products and services, which includes analyses of company emissions, natural resource usage, and other environmental impacts based on a proprietary external cost methodology.
"Value Line has always looked forward as a research firm, and sees adding environmental considerations paramount to the future valuation and prospects of companies. As such, we feel honored to partner with Trucost, who is the leader in this field," said Thomas Sarkany, Head of Indexes & Asset Management at Value Line. "Our alliance with Trucost also enhances our ability to provide our clients with highly relevant and differentiated perspectives that will support their investment goals in a world demanding new perspectives."
Simon Thomas, Chief Executive of Trucost said, "Trucost was established in 2000 to help investors, companies and government to understand how companies' environmental impacts could affect their financial performance. With the world's largest and most comprehensive database of corporate environmental impacts covering the world's major indices, Trucost looks forward to working with Value Line to help its clients understand and reduce their investment exposure to the financial risk of climate change regulation."