Toronto-based Sustainalytics, a provider of environmental, social and governance (ESG) research, ratings and analysis announced Monday it has completed the purchase certain assets from, a provider of ESG ratings and research to investors globally.
Terms of the transaction are not being disclosed.
Founded in 2007 in India, Solaron is known particularly for its emerging markets expertise and for the investment insights that come from the firm’s deep dive research. Twenty-six of Solaron’s professionals will join Sustainalytics immediately.
“Sustainalytics has always been deeply committed to providing the insights investors need to make informed decisions,” says Michael Jantzi, Sustainalytic CEO, in a statement. “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 team of analysts provides on-the-ground expertise and local language analysis across more than 10 markets, including India, Brazil and several other countries in Latin America and the EMEA regions.
Sustainalytics will also use Solaron’s ratings platform to enhance several of the development initiatives already underway. Additionally, Sustainalytics will use the integration of Solaron resources to address the growing demand for custom research that focuses on specific clients’ interests.