Stockholm (NordSIP) – ESG research and ratings provider Sustainalytics has completed a transaction to purchase assets from Solaron Sustainability Services, another provider of ESG research and ratings to institutional investors, it announced yesterday (March 19). 26 Solaron professionals will join Sustainalytics effective immediately as a result of the transaction.
Sustainalytics has been at the forefront of developing innovative solutions to support investors with the development and implementation of Responsible Investment strategies for 25 years, working with hundreds of leading asset managers and pension funds seeking to incorporate ESG assessments into their investment processes. The firm was named among the top three globally for both ESG and corporate governance research in 2015 and 2016.
Solaron, which was founded in 2007, is renowned for its expertise in emerging markets and for the investment findings from its extended research programmes.
“Sustainalytics has always been deeply committed to providing the insights investors need to make informed decisions,” said Sustainalytics CEO Michael Jantzi. “Integrating Solaron’s talented team of analysts, with their emerging market expertise and deep dive approach to assessing companies’ ESG performance, will allow Sustainalytics to provide its clients with truly differentiated ESG-related research services.”
Solaron’s analysts provide on-the-ground expertise and local language analysis in over ten markets, including India, Brazil and countries in the Latin America and EMEA regions, leading investors to place a high premium on its ability to evaluate and articulate investment risk associated with the specific ESG-related controversies of companies in emerging markets.
Sustainalytics will leverage Solaron’s ratings platform to enhance several development initiatives in process, and leverage its integration of Solaron’s resources to address the growing demand for custom research focusing on specific client interests.
“Our team could not be more excited about joining forces with such a well-respected global market leader as Sustainalytics,” said Solaron co-founder Vipul Arora, who will assume a senior role with Sustainalytics. “Our team’s expertise in delivering deep dive ESG insights, especially in less established markets where language can be an issue, will extend Sustainalytics’ ability to provide high value, actionable insights to investors globally.”
Morningstar acquired a 40% ownership stake in Sustainability last year.
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