ESG Data Platform ESG Book Raises $35 Million

Sustainability data and technology company ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book announced today that it has raised $35 million in a Series B funding round aimed at advancing the adoption of its ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data platform and helping the company expand into new product areas.

The funding round was led by investment firm Energy Impact Partners (EIP) alongside investment management firm Meridiam and Allianz X, the digital investments arm of global insurer and asset manager Allianz.

ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book, formerly Arabesque S-Ray, is a digital platform for ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data management, disclosure, and analytics. The company was established in 2018 and incubated as a subsidiary of Arabesque Group, a group of financial technology companies offering sustainable investment, advisory, and data services. The company is led by CEO Daniel Klier, formerly HSBC Global Head of Sustainable Finance, and Chaired by UN Global Compact Founding Exec Director, Georg Kell.

Klier said:

“ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book is disrupting how sustainability is integrated and measured on a global scale by using next-generation technology that makes ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data accessible, comparable and transparent. 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’s growth as we scale ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book’s platform and services worldwide.”

The ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book platform was launched in December 2021 by an alliance of financial institutions, investors, and sustainable investment-focused service providers, aiming to provide a central source for accessible, transparent, and comparable ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data. ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book was made to be available to all companies, investors, standard-setters, and stakeholders, and supports the principles of the UN Global Compact, which encompass human rights, labor, environment, and anti-corruption.

Carsten Middendorf, Head of Platforms & Acquisitions at Allianz X, said:

“As an investor, we know how important data is for making decisions. Sustainability isn’t just a fad or a phase. It’s our necessary present if we are to have a future. That’s why it’s so important to ensure transparency, quality, and comparability in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data.”

Proceeds from the funding round will be used to advance ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. book’s next-generation technology capabilities,  enabling clients to meet increasingly complex sustainability requirements, and advance the company’s expansion.

Nazo Moosa, Managing Partner, Europe, at Energy Impact Partners, said:

“ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Book marks the tenth investment by Energy Impact Partners in Europe, and this partnership is driven by a shared vision for radical transparency in sustainability data. We look forward to supporting the tremendous momentum of the company as it builds the world’s leading ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data platform.”

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