JERSEY CITY, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a
leading global data analytics and technology provider, has ranked fourth out of
the 100 Best ESG Companies in 2023 by Investor's Business Daily
(https://www.investors.com/news/esg-stocks-list-of-100-best-esg-companies/). The
fifth annual list recognizes companies with superior environmental, social and
governance (ESG) ratings as well as fundamental and technical stock performance.
"This honor further fuels the work of Verisk colleagues globally to advance ESG
efforts, from helping clients address climate-related challenges, to developing
unique ESG solutions and furthering the impact of charitable organizations
through our data analytics, technologies, expertise and financial assistance,"
said Elizabeth Mann, chief financial officer at Verisk. "Our motivating purpose
at Verisk is to work together with the global insurance industry, which plays a
vital role in society, in building resilience for individuals, communities and
businesses globally."
Verisk's resiliency efforts span many initiatives, including:

  * Empowering property/casualty insurers and risk managers to better navigate
    new and emerging risk exposures associated with the climate crisis
  * Tracking emerging issues, such as PFAS, to highlight the importance of
    understanding which industries and types of companies in the supply chain
    might be producing harmful emissions
  * Launching Sovereign ESG Ratings that provide investors with the most
    comprehensive picture available of ESG risks and opportunities across the
    universe of current and potential sovereign debt issuers
  * Supporting efforts to help vulnerable populations recover from the impacts
    of conflict and disasters
  * Providing evaluations of community firefighting capabilities to help
    communities plan, budget for or justify changes to their fire protection
    plans as well as assessments of municipal building codes and their
    enforcement in the effort to save lives and reduce property losses
  * Helping insurers and brokers access critical information regarding electric
    vehicles to support their strategic underwriting and pricing decisions
  * Engaging with professional organizations and career conferences to advance
    the interests of underrepresented groups

Verisk has also been recognized by USA TODAY and Statista as one of America's
Climate Leaders (https://www.verisk.com/newsroom/verisk-recognized-by-usa-today-
as-one-of-americas-climate-leaders-
2023/#:-:text=Verisk%20Recognized%20by%20USA%20TODAY%20as%20One%20of%20America's
%20Climate%20Leaders%202023&text=JERSEY%20CITY%2C%20N.J.%2C%20June%201,by%20USA%
20TODAY%20and%20Statista.). The list acknowledges the leading U.S. companies
that have achieved the greatest reduction in emissions intensity between 2019
and 2021.
Learn more about Verisk's ESG efforts
(https://www.verisk.com/siteassets/media/corporate-social-responsibility/verisk-
corporate-social-responsibility-report-2022.pdf).
IBD's 100 Best ESG List Methodology
To determine the 2023 100 Best ESG Companies list, IBD started with a company's
environmental, social and governance (ESG) sustainability score created by Dow
Jones Newswires, an IBD affiliate. Next, Dow Jones provided an ESG-scored list
to IBD of all the U.S.-traded companies it tracks, a total of 2,067. IBD then
cut the list to 1,559 companies by removing non-public companies and companies
with stock prices below $10 a share. Companies that lacked sufficient data to
create an IBD Composite rating and did not meet or beat the S&P 500 in the past
five years were also removed. IBD further qualified the list by selecting the
100 with the highest IBD Composite Rating, all with scores of 81 or better.
Finally, IBD ranked the 100 companies by Dow Jones' ESG score.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology
partner to the global insurance industry. It empowers clients to strengthen
operating efficiency, improve underwriting and claims outcomes, combat fraud and
make informed decisions about global risks, including climate change, extreme
events, ESG and political issues. Through advanced data analytics, software,
scientific research and deep industry knowledge, Verisk helps build global
resilience for individuals, communities and businesses. With teams across more
than 20 countries, Verisk consistently earns certification by Great Place to
Work (https://www.greatplacetowork.com/certified-company/1288593) and fosters
an inclusive culture (https://www.verisk.com/about/inclusion-diversity-
belonging/) where all team members feel they belong. For more, visit Verisk.com
(https://www.verisk.com/) and the Verisk Newsroom
(https://www.verisk.com/newsroom/).
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