Bron
GreenBiz
Major investment firms are snapping up environmental, social and governance (ESG) ratings companies at a rapid clip — three hookups within just the past year. What do sustainability officers and financial officers need to know?
Last month, investment research firm Morningstar took a 40 percent stake in ESG company Sustainalytics. In January, investment solutions provider ISS bought IW Financial, a U.S. firm offering ESG research, consulting and portfolio management services. In October, none other than the leading S&P Dow Jones Indices acquired Trucost, which has more than 15 years’ experience assessing carbon and environmental data and risk.
