2024-06-20 23:54:18
At the moment, GIST Affect, a number one supplier of affect information and analytics, introduced an funding from UBS Subsequent, the innovation and danger unit of the main Swiss common financial institution.
GIST Affect supplies actionable affect intelligence to corporations and buyers, serving to them simply measure their environmental and social impacts. The corporate’s information and software program are primarily based on a scientific, site-specific, standards-aligned method primarily based on greater than 16 years of affect measurement and analysis expertise. Its shoppers embody among the world’s largest banks, sovereign wealth funds and expertise corporations.
Offering higher information on affect is vital to growing better transparency for buyers, serving to them handle their portfolios. New laws and requirements have additionally set the next commonplace for measuring affect throughout worth chains – whether or not by assessing the materiality of affect as a part of the Company Sustainability Reporting Guideline (CSRD) or assessing affect on the pure capital as a part of the Process Power on Nature-Associated Monetary Disclosures (TNFD).
The UBS Subsequent funding will help the enlargement of GIST Affect’s product integrations with companions and the event of proprietary affect information and software program options, together with preparations for CSRD and TNFD necessities the place shoppers want additional help.
Andre Hoffmann, co-founder of GIST Affect, stated: “This partnership with UBS marks a pivotal second for GIST Affect as we set new requirements for a way corporations and buyers can combine environmental and social issues into their core enterprise methods. Our collaboration is greater than an funding; it’s a shared dedication to selling a extra sustainable future, wherein monetary success is intrinsically linked to optimistic affect on the planet and society. We’re excited to hitch forces with UBS to drive this transformation, guaranteeing our shoppers are usually not simply ready for the long run, however are actively shaping it.”
“We imagine that actionable affect intelligence and information will assist buyers handle their portfolios in a focused approach and mix alternatives with environmental and social affect. This can be a prerequisite for creating sustainable long-term outcomes,” stated Sergio Ermotti, CEO of UBS Group.
“We’re proud to associate with UBS to speed up this subsequent stage of our progress. Our world-leading intelligence algorithms and affect information empower buyers to handle their portfolios towards higher social and environmental outcomes and impacts,” stated Pavan Sukhdev, co-founder and CEO of GIST Affect. “Moreover, our affect evaluation platforms assist corporations assess their impacts, dependencies, dangers and alternatives, serving to to create long-term sustainable worth.”
Sobre a GIST Affect
GIST Affect is a market-leading supplier of affect information and evaluation, measuring, quantifying and valuing company impacts on society and the atmosphere for over 16 years. With a crew of greater than 120 information scientists, engineers, ecologists and economists, GIST Affect supplies particular affect information for greater than 14,500 corporations. Since 2021, the corporate has automated its programs to ship affect throughout funding portfolios, and its shoppers embody buyers representing greater than $8 trillion in property underneath administration, in addition to massive world companies. GIST Affect additionally companions with among the largest consulting corporations, enterprise networks and fintech platforms to allow the measurement and reporting of impacts throughout world markets.
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Alexandra Downs
GIST Affect
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