ESG Book, a global specialist in sustainability data and technology, has closed $35 million in a Series B funding round led by Energy Impact Partners (EIP), a global investment firm leading the transition to a sustainable future, alongside global sustainability leader Meridiam and Allianz X, the digital investments arm of leading global insurer and asset manager Allianz.
The new capital will be used to advance ESG Book’s next-generation technology capabilities, enabling clients to meet increasingly complex sustainability requirements, and accelerate the company’s expansion as it responds to growing demand for technology-enabled ESG data solutions.
With the ESG data and services market expected to grow to $5 billion globally by 20251, the Series B investment will be used to fuel adoption of ESG Book’s industry-leading data platform, and further the company’s continued expansion into new products areas.