ACA acquires Ethos ESG
Advisory firm ACA Group has acquired Ethos ESG, a company providing ESG ratings, data and software.
Founded in 2019, Ethos ESG provides a platform facilitating the evaluation of more than 350,000 impact ratings through a prism of 45 ESG causes.
The company hopes to assist clients with their ESG strategies by mitigating risk, combating greenwashing and supporting decision making. It aims to allow governance, risk and compliance professionals to better understand ESG characteristics of their investments through transparent scoring and the ability to upload portfolios and create models.
“This is an exciting step in helping to grow our presence in the ESG space and is ACA Group’s first foray into analytics as a service,” commented Shvetank Shah, CEO of ACA. “We are invigorated to be building out and launching our data capabilities, starting with Ethos ESG. Combining data with our scalable solutions will continue to empower our clients to reimagine GRC and protect and grow their business.”
“We are thrilled to partner with ACA, as their brand and reach in the GRC space is well-known,” added Luke Wilcox, founder and CEO of Ethos ESG. “Not only is taking into consideration the ESG impact of your decisions right on its merits, but greater transparency into ESG issues helps firms mitigate risk and make informed choices while growing sustainably.”