State Street Global Advisors (SSGA) announced the R-Factor™ scoring system, a transparent scoring system that generates a unique ESG score for publicly listed companies, measuring “the performance of a company’s business operations and governance as it relates to financially material ESG challenges facing the company’s industry.” SSGA uses SASB's materiality framework to generate its scores, explaining that “to access appropriate data, we leverage raw metrics from three different ESG data providers, and identify which metrics are material to an industry according to the SASB framework.”https://www.ssga.com/investment-topics/environmental-social-governance/2019/04/inst-r-factor-reinventing-esg-through-scoring-system.pdf
