3 years ago

ESG Book Raises $35 Million to Expand Corporate Sustainability Data Platform

  • ESG Book, a company providing a platform for corporate ESG data, has secured $35 million in Series B funding

  • The round was led by Energy Impact Partners, with participation from Meridiam and Allianz X

  • The funding will be used to expand ESG Book's services globally, aiming to capture a share of the $5 billion ESG data market

  • The company, incubated by Arabesque, has secured deals with financial institutions like Citi and is developing tools for Dow Jones

  • ESG Book analyzes over 25,000 companies, covering 450 ESG data points per firm, providing investors with a comprehensive and transparent view of ESG performance.

    • ProblemFinancial Services

      "Companies are often inconsistent in reporting environmental, social, and governance (ESG) metrics, making it difficult for investors to make informed decisions."

      Solution

      "ESG Book offers a cloud-based platform that collects and analyzes ESG data from over 25,000 companies, making it accessible, comparable, and transparent for investors and other stakeholders."

      Covered on