Sustainalytics, a leading provider of ESG and corporate governance research, ratings and analysis, announced today that it has entered into a definitive agreement to acquire ESG Analytics, a Zurich-based provider of web-based solutions designed to assist asset managers and owners analyze and manage ESG risk and opportunity.
Founded in 2012, ESG Analytics is known for its practical cloud-based software that utilizes a comprehensive proprietary methodology to evaluate ESG metrics. In addition to serving conventional investment managers and pension funds, ESG Analytics has also built a solid reputation in the private equity space, collecting and analyzing ESG data on portfolio and target companies and helping managers with reporting to general and limited partners.
“Sustainalytics is committed to innovation through new products and leveraging technology to enhance the value we provide to clients across a spectrum of risk identification and mitigation solutions,” said Sustainalytics’ CEO, Michael Jantzi. “The acquisition of ESG Analytics, and the addition of its well-respected and talented team, enhances Sustainalytics’ position as an ESG market leader and will help us accelerate many of our product innovation initiatives.”
ESG Analytics’ products have consistently received high marks for their strong data visualization, intuitive workflows and reliable user experience.
“As the market leader in providing ESG research solutions to institutional investors, Sustainalytics is an ideal fit for us,” said Rina Kupferschmid, CEO of ESG Analytics. “We are thrilled to be a part of an organization that can leverage its global footprint and resources to extend the reach of our innovative risk analytics solutions.”
Sven Lidén, CEO of Adveq, said: “We helped to launch ESG Analytics three years ago because we wanted to further quantify the progress and impact of our investment activities with regard to environmental, social and governance aspects. As other industry participants have expressed interest in adopting the same approach we are delighted that our venture has found a worthy home. We look forward to continuing our successful cooperation.”
The transaction is expected to close this month, subject to customary closing conditions. Terms are not disclosed.
Headquartered in Amsterdam, Sustainalytics is an independent provider of ESG and corporate governance research, ratings and analytics, serving investors around the world with the development and implementation of responsible investment strategies. With 13 offices globally, Sustainalytics partners with institutional investors who integrate ESG and corporate governance information and risk assessments into their investment processes. Today, the firm has over 200 staff members, including more than 120 analysts with varied multidisciplinary expertise across 40+ industries. For the past three years, Sustainalytics was voted best independent responsible investment research firm in Extel’s IRRI survey. For more information, visit www.sustainalytics.com.