A news release said the combined firms will deliver increased coverage, more robust data, expert insights, and tools.
Led by Peter Kinder, president, and Tim Brennan, chief operating officer, KLD provides ESG research, compliance screening, and indexes to more than 500 investment professionals worldwide. The New York-based RiskMetrics currently provides sustainability data, compliance screening, climate risk management, and advisory services to more than 400 global institutions.
“Our clients have indicated that ESG performance is a critical benchmark of a corporation’s risks and long-term value,” said Knut Kjaer, president of RiskMetrics Group. “KLD’s ESG capabilities, combined with our financial risk and corporate governance experience, will give investors worldwide a more thorough picture of sustainability and risk across geographic and industry boundaries.”
More information is available at www.riskmetrics.com .