Interactive Brokers Group IBKR, a trading technology and brokerage service, formally announced the launch of Impact Dashboard, a tool for evaluating and investing in ESG companies.
What Happened? Interactive Brokers is a deep-discount brokerage for online equity, options, futures and forex trading.
As part of a mission to provide best-in-class access to top product and technology, IBKR introduced its free ESG dashboard to assist investors in selecting sustainable investments based on their criteria for different impact values and categories.
“The future of sustainable investing begins with the Impact Dashboard, which allows investors to align their portfolios with their values,” said Will Peterffy, ESG Director at Interactive Brokers.
“In a world lacking transparency, the dashboard quickly analyzes and grades your stock portfolio based on your values and presents your holdings through a personalized ‘impact lens’. You can then decide whether to keep your investments or move your capital to companies which better align with what matters most to you. The Impact Dashboard ushers in a new era where moral, ethical, and responsible behavior can begin to be valued in the marketplace.”
Why It Matters? Overall, the Impact Dashboard, which is currently available in Beta on the IBKR Trader Workstation, Client Portal and IBKR Mobile App, pushes the standard for ESG investing tools and solidifies the firm’s leadership role in the space.
The new product comes alongside the growth of IBKR’s robo-advisor, which was named “Best for Socially Responsible Investing” by Investopedia, as well as the launch of Socially Responsible Investment portfolios in 2019.
To learn more about Interactive Brokers’ technology, transparent pricing, and breadth of product, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!