The problem
The development of new technologies and knowledge, as well as how they are shared, is critical for ongoing global economic growth and improving standards of living. Innovation in pharmaceutical drugs, energy sources, transportation, software, and many other areas saves lives and lifts people out of poverty. Conversely, unequal or restricted access to technology and knowledge, the spread of misinformation, and data breaches have limited the impact of innovation. Some new technologies (such as e-cigarettes) can have a negative impact on many lives. Corporations play a critical role in both driving innovation and ensuring it has a positive impact on society, including through economic growth and good jobs created, social and environmental problems addressed, and equitable access to new technologies
How companies are rated
211K
Ethos is using 211,413 unique data points since 2017 to rate companies, stocks and funds on innovation, including from these metrics:
Financial performance
r =
+0.016
Company ratings 1-yr return
Top 10 for innovation
Top 50 for innovation
S&P 500 Index
Bottom 50 for innovation
Bottom 10 for innovation
Innovation has a slight positive correlation (
+0.016
) with financial returns, meaning companies that perform better in this impact area tend to perform slightly better financially
Data partners and sources
What this formula is about
Technology
research
entrepreneurship
start-up
information
freedom of information
open source
freedom of press
data privacy
personal data
data security
cyber-bullying
innovation
UN Sustainable Development Goal 9