Moody’s acquires majority stake in VigeoEiris

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MOODY’s Corporation, MCO, announced on Wednesday, April 17ay that it has acquired a majority stake in VigeoEiris, a global leader in Environmental, Social and Governance, ESG, research, data and assessments. The acquisition furthers Moody’s objective of promoting global standards for ESG for use by market participants.

With products and capabilities based on ESG assessments and an extensive ESG database, VigeoEiris offers specialised research and decision-making tools for sustainable and ethical investments.

VigeoEiris will continue to be headquartered in Paris, operating under its existing brand, and it will be an affiliate of Moody’s Investors Service.

The acquisition recognises that ESG considerations are increasingly relevant to issuers, investors, counterparties and others as capital markets and other stakeholders seek clear and objective standards for understanding and measuring these factors.

“VigeoEiris has been a pioneer in bringing greater transparency and awareness of ESG and sustainability issues to market participants and has continued to innovate and expand as demand for this information has grown,” Myriam Durand, the global head of assessments at Moody’s Investors Service, said. “Moody’s acquisition of a majority stake in VigeoEiris will contribute to the further development of leading ESG risk assessments, enabling the market to benefit from a global standard in assessing ESG considerations as part of their investment decisions.”

“This acquisition reinforces the importance of ESG assessments to market participants. We look forward to working with Moody’s to offer customers access to a broad range of comprehensive sustainability risk assessments, research and data,” Nicole Notat, the president of VigeoEiris.

The acquisition furthers Moody’s ongoing commitment to enhancing transparency and creating standards in ESG. For more information about Moody’s approach to ESG, visit esg.moodys.io.

The terms of the transaction were not disclosed, and it will not have a material impact on Moody’s financial results.

– Apr. 17, 2019 @ 17:35 GMT |

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