PanAgora > Press > Uncategorized > PanAgora’s George Mussalli was quoted in the Fundfire article “Asset Managers Turn to Tech to Close ESG Data Gaps.”

PanAgora’s George Mussalli was quoted in the Fundfire article “Asset Managers Turn to Tech to Close ESG Data Gaps.”

“Asset management firms are tapping into new technologies to uncover environmental, social and governance (ESG) risks that corporate disclosures fail to provide. PanAgora Asset Management uses web scraping tools and machine learning technology to scan employee chatter on social media sites, George Mussalli, the firm’s CIO and head of equities research, said at the June 4 Bloomberg Invest conference in New York. Employee sentiment is material because it can negatively impact a firm’s stock price even if it’s scoring well on other material ESG indicators, Mussalli added.”