Vancouver, B.C. – TheNewswire – November 12, 2020 – ABT Capital Markets Inc. today announced the acquisition of a 25 percent stake in alternative data provider ESG Data Services Inc ("ESG Analytics").
Vancouver based capital firm ABT Capital Markets Inc. today announced it has reached an agreement to acquire a 25% stake in ESG Data Services Inc. ("ESG Analytics"), a next-generation AI-powered environmental, social and governance (ESG) data analytics and research firm.
ESG Analytics employs full-scale alternative data and artificial intelligence to measure risks and opportunities in the environmental, social and governance (ESG) practices of countries, companies and ETFs. ESG Analytics’ robust data intelligence will support ABT Capital’s analytics-driven decision making, providing a holistic understanding of potential investee businesses.
"Investors in today’s market are demanding timely, comprehensive ESG data in order to make meaningful, informed decisions. ABT’s strategic partnership with ESG Analytics will give us the ability to support investors through the development of socially responsible investment strategies." said ABT’s Chief Executive Officer John Gan.
This acquisition will enable ABT Capital to amplify its ability to bring meaningful ESG analytics, insights, and services to the investment community. "The democratization of sophisticated investment strategies is the next frontier of finance. This strategic partnership between ESG Analytics and ABT Capital Markets will bring new tools and technologies to allow investors access to these previously hidden areas of capital markets, while providing an environmental, social and governance (ESG) lens to the investment process."
About ABT Capital
ABT Capital Markets Inc. is a fully-integrated capital firm, providing financial and digital infrastructure to give investors access to sophisticated investment strategies through the employment of advanced AI. More information about ABT Capital is available on the company’s website at https://www.abtmarkets.com.
About ESG Analytics
ESG Analytics was founded in 2020 and is an alternative data provider that creates and tracks non-traditional sources to measure how companies, countries and investment funds are implementing environmental, social and governance practices. More information about ESG Analytics is available on the company’s website at https://www.esganalytics.io.
President & CTO
ABT Capital Markets
ESG Data Services Inc.
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