Conservice acquires ESG platform Goby
Conservice, a utility management platform for the property management industry, has acquired Goby, an ESG Platform serving the commercial real estate and fund management industries.
The acquisition will further enable Conservice clients to reduce their environmental impact, achieve their sustainability goals, and increase their return on investment.
"The addition of Goby will enable Conservice to offer our clients a comprehensive ESG solution, from data capture, which is where we already excel, to analysis and disclosure," says Scott Hardy, CEO of Conservice. "Our new Sustainability Solutions offering will empower clients to create effective strategies and plans, measure outcomes, and report progress to stakeholders. I am thrilled to share this announcement with our current and prospective clients. The synergy of both solutions is a powerful combination the market has been waiting for."
Goby's mission is to create the world's leading environmental, social and governance (ESG) data management and reporting platform. ESG metrics are used as an indicator to assess a company's behaviour and policies used to promote responsible action. It presents significant value creation opportunities to organisations and their stakeholders. The Goby platform empowers real estate owners and managers to evaluate each element of their ESG impact and provides transparency through a full spectrum of corporate social responsibility reporting capabilities.
"We're thrilled to join the Conservice family and propel our joint mission of ESG excellence through their expansive client base. The criticality of ESG has intensified with investor and stakeholder demands increasing in the past 18 months. Goby's platform identifies opportunities, measures environmental impact, and drives operational expense reduction. We are proud to make ESG approachable," says Ryan Nelson, Goby's CEO.
With the announcement of this accretive acquisition, Marc Treitler has been named President, Conservice Sustainability Solutions, in addition to his current role as Conservice's General Counsel.
"Marc is an industry leader who understands our clients' needs inside and out," says Hardy. "He is the right person to lead the industry movement towards a more sustainable future."