RobecoSAM, an international investment company with a special focus on sustainability investments, is selling its ESG rating and ESG benchmarking departments to the US financial group S&P Global.
The sale also includes the SAM Corporate Sustainability Assessment (CSA). The SAM Corporate Sustainability Assessment (CSA) is an annual assessment of companies‘ sustainability practices. More than 4,700 companies are analysed each year.
As a result of the sale, around 20 employees will move to the new employer S&P Global. At RobecoSAM, around 40 employees will continue to work on ESG.
The CSA data can continue to be used by RobecoSAM and its Dutch parent company Robeco, and they continue to participate in the development of the CSA methodology. However, RobecoSAM will focus on the application of ESG data in the investment process and sustainable investment research for asset management.
The advantages are obvious for both companies. This transaction allows RobecoSAM to focus on the integration and application of CSA data.
Through this acquisition, S&P Global is expanding its leading range of ESG products through critical analysis. S&P Global will enable its clients to develop resilient strategies, build a sustainable future and meet the expectations of a changing market.
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