Stoxx Corporation Enters Agreement to Purchase Climate Risk Data Supplier Sust Global, Boosting Its Geospatial AI Capabilities
ISS Sustainability Solutions Acquires Sust Global: Enhancing Climate Risk Intelligence for Institutional Investors
ISS Sustainability Solutions, a leading sustainable investment business, has announced the acquisition of Sust Global, a geospatial AI-powered climate risk intelligence company based in California. The acquisition is aimed at addressing the growing demand from institutional investors for geospatial data and enhanced physical risk analytics.
Sust Global’s geospatial AI-powered platform helps investors manage physical climate and nature risks across their portfolios by leveraging advanced machine learning and satellite data to provide high-resolution, location-specific insights on these risks. The platform integrates diverse geospatial data to analyze relationships, trends, and patterns within regions, enabling detailed and actionable understanding of material physical risks to real assets.
Following the acquisition, Sust Global’s capabilities are being scaled globally and integrated with proprietary asset-level data from ISS. This integration will further enhance investors’ ability to map and understand risks at the corporate and portfolio levels, thereby enabling more resilient investment decisions.
Key ways Sust Global assists investors include:
- Visual risk analytics tools that allow drill-down into individual asset locations for precise risk assessment.
- Regulatory reporting solutions to help clients comply with climate-related financial disclosure requirements.
- Flexible data products including data exports, direct APIs, and bespoke solutions integratable into institutional workflows and investment processes.
- Use of a proprietary geospatial AI engine that harmonizes multimodal geospatial data and trains domain-specific predictive models to quantify climate and nature-related risks.
- Providing investors with insights to support risk management, due diligence, and engagement strategies focused on physical risks driven by climate change and environmental factors.
The co-founders of Sust Global, Josh Gilbert (CEO) and Gopal Erinjippurath (CTO), are involved in the statement following the acquisition announcement. They believe that the acquisition will help them to scale their solutions rapidly and aim to help more global investors understand and respond to tangible asset risks.
Sust Global was founded in 2020 and has been providing bespoke solutions for clients, harnessing the latest in earth system understanding, data science, and AI. Through the acquisition, Sust Global aims to rapidly scale its solutions and bring its leading geospatial risk products to institutional investors worldwide.
Till Jung, the Head of Sustainability Business at ISS STOXX, stated that the transaction was made due to the rapid growth in institutional investors' need for geospatial data and enhanced physical risk analytics. The acquisition will enable Sust Global to expand globally and accelerate its product roadmap.
In summary, Sust Global empowers institutional investors to identify, quantify, and visualize physical climate and nature risks at a granular level using sophisticated geospatial AI, helping them manage these risks more effectively and build climate-resilient portfolios.
[1] ISS Sustainability Solutions Press Release, Acquisition of Sust Global by ISS Sustainability Solutions to Enhance Institutional Investors’ Ability to Map and Understand Climate Risks
[2] Sust Global Website, About Sust Global
[3] Sust Global Website, Products
- ISS Sustainability Solutions has acquired Sust Global, a company that uses AI and satellite data to provide climate risk intelligence, aiming to address the demand from institutional investors for geospatial data and enhanced physical risk analytics.
- Sust Global's geospatial AI-powered platform offers visual risk analytics tools, regulatory reporting solutions, flexible data products, and a proprietary geospatial AI engine that helps investors assess and manage physical climate and nature risks across their portfolios.
- With the acquisition, Sust Global's capabilities will be scaled globally, integrated with ISS's proprietary data, and used to help institutional investors make more resilient investment decisions by providing insights on physical risks driven by climate change and environmental factors.
- Sust Global aims to scale its solutions rapidly following the acquisition, bringing its geospatial risk products to institutional investors worldwide and leveraging advanced technology, such as artificial intelligence and earth system understanding, to assist in climate-change response efforts.
