FNZ Invests in GIST to Build Sustainable Investing Landscape

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FNZ, the leading global wealth management platform, today announced that it has made a strategic investment in GIST, the pioneering impact data and analytics company that provides investors and companies with quantitative, comparable, and verifiable measures of corporate impact and performance across all four capitals: natural, human, social, and produced.

As well as supporting GIST's rapid growth and mission, FNZ's investment will build on the existing collaboration between the two companies and forms part of a wider partnership which sees GIST's sustainability data integrated into its market-leading sustainable investment solution, FNZ Impact. 

There is growing awareness and scrutiny of corporate ESG credentials from investors. However, current ESG ratings and rankings can pose challenges due to biases and a lack of standardisation, transparency, independence and credible information.

The integration builds on the world leading ESG data currently available within FNZ Impact and accelerates the companies shared ambition to open-up wealth by making sustainability data more accessible and transparent so that investors can invest in the things they care about, on their own terms.

Dr Vian Sharif, Head of Sustainability at FNZ, said: "The imperative for robust, science-based impact data has never been stronger, particularly ahead of a number of global regulatory changes, which require investment firms and advisers to incorporate clients' ESG preferences into their suitability assessments.

"In GIST, we believe we've found not only one of the most rigorous and transparent methodologies in the market, but a company and team with a mission aligned strongly to our own and whose growth we are excited to support."

Pavan Sukhdev, Founder & CEO of GIST, said: "We are delighted to have FNZ as a strategic investor and a partner in our mission. FNZ and GIST have shared goals and we believe that, together, we can drive real, measurable change in the investment landscape by empowering investors with the impact data they need to make better informed decisions at all stages of investment life cycles, from asset selection to risk management to exits.

Source: PR Newswire