Sustainalytics acquiring GES seen as a natural development

Research and data provider heavyweight Sustainalytics has bought Swedish engagement service provider GES. An expected development in the sector, market participants say -- and good news for smaller players.

When the GES sale to Sustainalytics was announced, the news did not come as a big shock for everyone.

The business of ESG and responsible investment-related research and data provision has been undergoing rapid change over the past ten years, with consolidations happening more frequently -- in tandem with the rise in profitability in the sector.

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