London Stock Exchange Group acquires ESG data firm

The deal strengthens LSEG's sustainable investment products

The London Stock Exchange Group has acquired a specialist ESG fixed income data group.

In an announcement on Monday, Beyond Ratings announced that LSEG had acquired the business in its entirety in a deal where the terms were not publicly disclosed.

“The acquisition of Beyond Ratings will accelerate LSEG’s ability to deliver research-driven multi-asset solutions in sustainable finance investing to our global client base,” LSEG’s group director of information services, Waqas Samad said.

“Beyond Ratings has a number of highly-regarded ESG data models developed by a strong team of ESG specialists. We very much look forward to working with the team at Beyond Ratings to deliver exciting and differentiated solutions for our clients over the coming months.”

Beyond Ratings was founded in 2014 in Paris and offers sustainable investment data for bond investors in 175 countries and on 10,000 companies.

“We look forward to working with the Group to capitalise on our ESG data, research and modelling capabilities to provide new solutions within sustainable finance on a global scale,” said Rodolphe Bocquet, chief executive officer and co-founder of Beyond Ratings.

“We have worked together for some time on potential solutions and products based on client demand and market trends and will build on our strong ESG foundations to deliver valuable investment tools in the near future.”

The acquisition will further expand LSEG’s ESG services, and will complement its FTSE Russell ESG index and data products and the company’s analytical tools offered through The Yield Book.

LSEG said the acquisition would allow it to better support clients and grow its sustainable finance capabilities.