The ESG Working Group and the RIXML v3.0 Taxonomy Team will be developing a short (10-20 item) RIXML ESG taxonomy as the required taxonomy for publishers wishing to apply ESG tagging to research content. Our goal is to create a taxonomy that is of manageable size and has clear terminology, so that different authors are likely to pick the same term for similar content, and that the terms make sense for those searching for content. We also want to ensure that it contains the terms that publishers are writing research content about and that research consumers are searching for. In other words, when a publisher or a consumer uses a dropdown list with this taxonomy, it should not be too long, vague, or confusing, and it should contain the terms that they expect to be there.
We are also considering allowing publishers to add terms from additional ESG taxonomies in addition to the required standardized list. These would include any taxonomies developed or used by RIXML vendor member firms, as well as other taxonomies recommended by RIXML member firms. Please let us know if your firm would find this helpful.
FOR MORE INFORMATION:
See slides 9-13 from the June 2025 all-member meeting for additional background and context; the initial list of ESG terms that we are using as a starting point is on page 12.