ESG Book Closes $ 35 million Series B to Build the World’s Leading ESG Data Platform

New funding will advance ESG Book’s next-generation technology, enabling clients to meet complex sustainability requirements.

  • Energy Impact Partners all around Meridiam and Allianz X, as ESG Book responds to growing demand for technology-enabled ESG data solutions.

  • The company cloud-based platform makes ESG data accessible, consistent, and transparent, enabling financial markets to allocate capital towards more sustainable and higher impact assets.

  • ESG Book to expand services worldwide in $ 5 billion ESG data market.

LONDON, June 23, 2022 / PRNewswire / – ESG Book, a global leader in data sustainability and technology, today announced it has closed $ 35 million in Series B funding. The new capital will be used to advance ESG Book’s next-generation technology capabilities, enabling clients to meet their complex sustainability requirements, and accelerating the expansion of the ITG data solutions. The round was led by Energy Impact Partners (EIP), a global investment leader, Allianz.

ESG Book Logo

ESG Book Logo

With the ESG data and services market expected to grow to $ 5 billion globally by 20251the Series B investment will be used for the adoption of ESG Book’s industry-leading data platform, and the company’s continued expansion into new product areas.

The company cloud-based platform makes ESG data accessible, consistent, and transparent, enabling financial markets to allocate capital towards more sustainable and higher impact assets. Covering over 25,000 companies globally, ESG Bookmark and Share

Dr Daniel KlierCEO of ESG Book, said: “Investors, companies, and all market participants today are demanding better, technology-enabled solutions in direct capital and more sustainable assets.” By partnering with three of the world’s leading sustainability-conscious investors, EIP, Meridiam, and Allianz X, we are excited about the next chapter of our company growth as we scale ESG Book’s platform and services worldwide. “

Nazo MoosaManaging Partner, Europeat Energy Impact Partners, said: “ESG Bookmarks the tenth investment by Energy Impact Partners in ESG Europe, and this partnership is driven by a shared vision for radical transparency in data sustainability. We look forward to supporting the tremendous momentum of the company as it builds the world’s leading ESG data platform. “

Thierry DeauFounder and CEO of Meridiam, said: “ESG Book is a platform with the potential to transform the way ESG data is processed by the financial world. With the Green Impact Growth Fund, we will further contribute to the field by helping ESG Book become the reference player in the sustainability data field. “

Carsten MiddendorfHead of Platforms & Acquisitions at Allianz X, said: “As an investor, we know how important data is for making decisions. That’s why it’s important to ensure transparency, quality, and comparability in ESG data. We are all supporters of ESG Book. “

About ESG Book

ESG Book is a global leader in data sustainability and technology. Incubated by Arabesque in 2018, ESG Book combines cutting-edge technology and proprietary research. ESG Book covers a wide range of cloud-based sustainability products and solutions. The company has offices in London, Frankfurt, Boston, Singapore, Delhi and Tokyo and serves clients worldwide from offices in Asia, Europe and North America. www.esgbook.com

About Energy Impact Partners

Energy Impact Partners LP (EIP) is a global venture capital firm leading the transition to a sustainable future. EIP brings together entrepreneurs and the world’s most forward-looking energy and industrial companies to advance innovation. With over $ 2.5 billion EIP invests globally across enterprise, growth, credit, and infrastructure New York, San Francisco, Palm Beach, Londonand Cologne. www.energyimpactpartners.com

About Meridiam

Meridiam was founded in 2005 by Thierry Déau, with the belief that the alignment of interests between the public and private sector can provide critical solutions to the collective needs of communities. Meridiam is an independent investment benefit Corporation under French law and an asset manager. The firm specializes in the development, financing, and long-term management of sustainable public infrastructure in three core sectors: sustainable mobility, critical public services and innovative low carbon solutions. With offices in, Addis Ababa, Amman, Dakar, Istanbul, New York, Luxembourg, Paris, Toronto, Vienna, Libreville and JohannesburgMeridiam currently appears US $ 18 billion and more than 100 projects to date. Meridiam is certified ISO 9001: 2015, Advanced Sustainability Rating by VigeoEiris (Moody’s), ISO 37001 Anti-Corruption certification by AFNOR and applies proprietary methodology in relation to ESG and impact based on United Nations’ Sustainable Development Goals (SDGs). www.meridiam.com

For more information on Meridiam, please contact Eric ReyManaging Director and Head of GIGF, Meridiam, at [email protected], or Xavier PloquinSenior Associate, Meridiam, at [email protected]

About Allianz X

Allianz X invests in digital frontrunners in ecosystems relevant to insurance and asset management. In just a few years, its portfolio has grown to more than 25 companies and AuM of over 2 billion euros. Allianz X has counted 10 unicorns among its portfolio so far. The heart and brains behind it all are a talented team of around 40 people. One of the pillars of Allianz Group’s digital transformation strategy, Allianz X provides the interface between Allianz Operating Entities and the widely digital ecosystem, enabling collaborative partnerships in insurtech, fintech, and beyond. From the Investor, Allianz X supports mature digital growth companies to take their full potential. www.allianzx.com

References:

1). UBS -Future Reimagined: Will ESG Data and Services Demand Accelerate Post-COVID & Who Will Win? 2020

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SOURCE ESG Book

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