Announced

Moody's acquired a majority stake in Vigeo Eiris.

Synopsis

Moody's Corporation, a financial services company, acquired a majority stake in Vigeo Eiris, a global leader in Environmental, Social and Governance research, data and assessments. Financial terms were not disclosed. “Vigeo Eiris has been a pioneer in bringing greater transparency and awareness of ESG and sustainability issues to market participants and has continued to innovate and expand as demand for this information has grown,” said Myriam Durand, Global Head of Assessments at Moody’s Investors Service. “Moody’s acquisition of a majority stake in Vigeo Eiris will contribute to the further development of leading ESG risk assessments, enabling the market to benefit from a global standard in assessing ESG considerations as part of their investment decisions.”

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