Vigeo, EIRIS combine into single environmental, social research agency

By Lisa Kerner

Charlotte, N.C., Oct. 15 – Vigeo and EIRIS, two established ESG research agencies from France and the United Kingdom, announced they will merge to create a single ESG research agency.

The pooling of the companies’ resources and tools will further broaden the coverage of issuers rated on an annual basis to better serve the growing needs of their clients, the companies said.

With a team of more than 180 employees, the new entity will analyze up to 10,000 issuers.

Vigeo raised €6.3 million in new capital to help fund its acquistion of EIRIS, according to a news release.

Based in London, EIRIS offers a wide range of material environmental, social and governance criteria.

Vigeo, based in Paris, assesses companies and organizations with regard to their practices and performance on environmental, social and governance issues.

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