ESG Book plans to use the funds to accelerate platform adoption. Here are the top-line bullets you need to know.
ESG Book, a sustainability data provider for financial services, has raised $35M in a Series B. The round drew participation from Allianz X, Energy Impact Partners, and Meridiam.
HOW’S THE COMPANY PERFORMING?
- UK-based ESG Book offers ESG (environmental, social, and governance) data for financial organizations.
- It enables companies to access ESG data from more than 25K global firms. Some of its clients include Dow Jones, Google Cloud, HSBC, Citi, and Accenture.
- It maintains offices across Tokyo, Singapore, Delhi, London, Frankfurt, and Boston.
- ESG Book clients collectively have around $120T in assets under management.
Source: ESG Book
WHY DOES THE MARKET MATTER?
- The global environmental health and safety market is expected to reach a value of $8.9B by 2026, growing at a CAGR of 7.4%, according to Markets and Markets.
- The rise of carbon emissions regulations, increased focus on compliance, and greater awareness of business risks stemming from climate change have all contributed to industry growth.
Want to see more research? Join a demo of the CB Insights platform.
If you’re already a customer, log in here.
