Globalance Bank unveils ‘Google Earth for investors’
Globalance World takes the form of a digital and interactive globe for sustainable investments. Users can discover the climate path their investments follow, the megatrends their assets are invested in and where in the world and specifically, in which countries their investments have a positive or negative footprint. They can analyse and assess the future orientation and sustainability of currently over 6,000 listed companies and Reto Ringger, founder-CEO of Zurich-based financial firm Globalance, brands the latest development as “Google Earth for investors”.
The platform provides an interactive presentation of daily updated data from thousands of companies linked to relevant news. Through this, users can evaluate stocks, portfolio and indices based on criteria such as CO2 emissions, global warming (compared to the global climate target of 2-degree Celsius increase in temperature), current megatrends and other future-oriented parameters.
The platform, which is free to access for investors is available in German and English, sets new standards in the visual interpretation of Big Data with varied interactive images.
Ringger said that they are seeing an increasing need among many investors’ groups for greater transparency on the impact of their investments. “Younger generations in particular do not want their investing to contribute to irreparable damage to society and the environment; when it comes to investments, they seek not only financial returns but also positive change and contributing to solving the challenges of our time,” added Ringger.