Impact data and analytics provider GIST Impact announced today an investment from UBS’ venture and innovation unit, UBS Next.

Founded in 2008, GIST Impact provides data and analytics solutions aimed at helping companies and investors measure their environmental and social impacts, using data-based intelligence with location-specific impact data covering more than 14,500 companies. The firm said its data and software are founded on a science-based, location-specific and standards-aligned approach.

According to GIST, the company will use the funds to further expand its product integrations with partners and to develop impact data and software solutions, including in areas where its clients require the most support, such as preparations for the EU’s Corporate Sustainability Reporting Directive (CSRD) and evaluating natural capital impact to meet the Taskforce on Nature-related Financial Disclosures (TNFD) requirements.

Andre Hoffmann, Co-Founder of GIST Impact, said:

“This partnership with UBS marks a pivotal moment for GIST Impact as we set new standards for how companies and investors can integrate environmental and social considerations into their core business strategies. Our collaboration is more than an investment; it’s a shared commitment to foster a more sustainable future where financial success is inextricably linked to positive impact on the planet and society.”

The companies added that the investment comes as new regulations and standards are setting a higher bar for measuring impact across value chains, and as investors require better impact data to develop greater transparency to help manage their portfolios.

Sergio Ermotti, Group CEO of UBS said:

“We believe that actionable impact intelligence and data will help investors manage their portfolios in a targeted manner and match opportunities and environmental and social impact. This is a pre-requisite to create long-term sustainable outcomes.”