ISS acquires Scandinavia-based SRI adviser Ethix

Proxy adviser Institutional Stakeholder Service (ISS) has acquired Scandinavia-based Ethix SRI Advisors, a company that offers sustainable and responsible investment (SRI) research and consultancy in investment decisions. The company will be renamed ISS-Ethix.

“This acquisition is in keeping with our long-standing commitment to expand our product offerings, provide innovative solutions, and deliver the highest levels of service to our clients across the globe. The addition of Ethix will help our clients navigate the complex and rapidly evolving SRI landscape through cutting-edge technology that is underpinned by world-class ESG data, analytics, and research.” said ISS President & CEO Gary Retelny in the official press relese.

Ethix is a well-renowned trusted advisor to asset owners and investment managers around the globe, representing more than €300 billion in assets under management. ISS-Ethix will maintain its operations in both Stockholm and Copenhagen. Ethix’s Managing Director and Founding Partner, Ulrika Hasselgren will continue to lead the firm. She is a veteran and pioneer of the responsible investment industry having helped institutional investors in sustainable and responsible investment for more than 15 years.

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