Trucost News / 03 Oct 2016

S&P Dow Jones Indices acquires Trucost

The acquisition will build on S&P’s portfolio of environmental, social and governance solutions, enabling the combined entity to satisfy growing market demand through new products and enhancements of Trucost’s existing capabilities.

S&P Dow Jones Indices (S&P DJI), one of the world’s leading index providers, announced today that it has acquired a controlling stake in Trucost plc, a leader in carbon and environmental data and risk analysis, effective 1 October 2016, through its subsidiary S&P Global Indices UK Limited.

The acquisition will build on S&P DJI’s and S&P Global’s current portfolio of environmental, social and governance (ESG) solutions, well-positioning the combined entity to satisfy growing market demand through new product development and the enhancements of Trucost’s existing capabilities, including the provision of environmental data via the EBoard platform and portfolio carbon footprinting.

Alex Matturri, CEO of S&P Dow Jones Indices, said: “The demand for ESG data and indices is growing. This transaction strengthens the long-standing relationship between S&P Dow Jones Indices and Trucost, providing a strategic opportunity for us to create considerable value for sustainability-focused market participants. The complementary nature of our two businesses allows us to combine Trucost’s industry leading environmental impact data and risk metrics with our global footprint and world-class benchmarking capabilities to develop new ESG solutions.”

Dr Richard Mattison, CEO of Trucost Plc, said: “Trucost has been a pioneer in providing investment grade carbon and environmental data to investors, companies and governments since 2000. By combining Trucost’s over 15 years of data and expertise with S&P Dow Jones Indices’ global reach and market leading services a powerful ESG platform is created, delivering insight to capital markets and companies. Never has it been more important to integrate ESG data into decision making and our analytical capabilities will allow investors, business leaders and policy makers build a more sustainable global economy.”

Further information

For more information about S&P Dow Jones Indices, please visit www.spdji.com

Media contact

Soogyung Jordan
S&P DJI Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

James Richens
Trucost
London, UK
+44 (0)20 7160 9804
james.richens@trucost.com

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