Tags: ISS-Corporate, SustainaBase
NEW YORK (October 8, 2024) – ISS-Corporate, a leading provider of compensation, governance, cyber risk monitoring, and sustainability offerings to help companies improve shareholder value and reduce risk, today announced the acquisition of SustainaBase, a Florida-based provider of carbon accounting and data management software solutions for corporate sustainability reporting.
Formed in 2020, SustainaBase’s software tracks company greenhouse gas (GHG) emissions and data. As regulatory, competitive, and supply chain pressures to measure and track GHG emissions have increased, SustainaBase meets the growing need for companies to deliver accurate and complete carbon data and reporting to their stakeholders. California SB 253 and the European Union’s Corporate Sustainability Reporting Directive, two of the most rigorous standards requiring reporting on all material Scope 3 (indirect emission) categories, are expected to bring tens of thousands of company suppliers under carbon reporting requirements.
The SustainaBase platform supports clients in automating GHG emissions reporting and helps users develop a data infrastructure for their energy and activity data. Clients will benefit from ISS-Corporate’s holistic climate offering, assisting clients with their regulatory needs on climate risk, strategy, target setting and reporting. Over the coming months, the offering will be integrated into ISS-Corporate’s platform alongside other services to help clients with their climate and broader sustainability reporting demands. SustainaBase’s team, with deep expertise in carbon accounting, data collection, and reporting, will join ISS-Corporate and focus on the continued expansion of client engagement and product capabilities.
“We are incredibly excited to welcome the SustainaBase team to the ISS-Corporate family and to rapidly integrate their offering into our growing suite of sustainability solutions,” said Marija Kramer, Head of ISS-Corporate. “SustainaBase’s SaaS platform will deliver a holistic carbon accounting solution to our clients, providing an additional pillar of support over the course of their sustainability journey.”
“We are thrilled to partner with Marija and the entire ISS-Corporate organization to help thousands of companies develop, manage, report and act on their carbon footprint with credible, auditable data,” said Gaida Zirkelbach, co-founder and CEO of SustainaBase. “With this exciting combination, companies will have precise GHG data they can count on to make informed business decisions, along with a full suite of solutions to meet growing regulatory and voluntary needs.”
To learn more about SustainaBase, please click here.
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About ISS-Corporate
Companies turn to ISS Corporate Solutions, Inc. (“ISS-Corporate”) for expertise in designing and managing governance, compensation, sustainability, and cyber risk programs that align with company goals, reduce risk, and manage the needs of a diverse shareholder base by delivering data, tools, and advisory services. ISS-Corporate’s global client base extends across North America, Europe, and Asia, as well as other established and emerging markets worldwide. ISS-Corporate is a wholly owned subsidiary of Institutional Shareholder Services Inc. (“ISS”). ISS-Corporate provides advisory services, analytical tools and publications to companies to enable them to improve shareholder value and reduce risk through the adoption of improved corporate governance practices. The ISS research teams, which are separate from ISS-Corporate, will not give preferential treatment to, and are under no obligation to support, any proxy proposal of a corporate issuer nor provide a favorable rating, assessment, and/or any other favorable results to a corporate issuer (whether or not that corporate issuer has purchased products or services from ISS-Corporate). No statement from an employee of ISS-Corporate should be construed as a guarantee that ISS will recommend that its clients vote in favor of any particular proxy proposal or provide a favorable rating, assessment or other favorable result. For more information, please visit https://www.iss-corporate.com/.
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
Media Contact:
Audrey Dedrick
Associate, Communications
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