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ISS strikes second ESG deal in a week

Prominent US proxy firm continues bid to build responsible investment expertise with swoop for Scandinavian specialist

Ethix has offices in Stockholm (pictured) and Copenhagen
Ethix has offices in Stockholm (pictured) and Copenhagen Photo: iStock

Institutional Shareholder Services, the biggest US proxy firm, has made its second move in the space of a week to boost its responsible investment capabilities.

ISS on September 15 announced the acquisition of Ethix SRI Advisors, a Scandivanian specialist in sustainable responsible investment that has offices in Stockholm and Copenhagen. The move comes exactly a week after ISS unveiled a strategic partnership with environmental, social and governance data specialist RepRisk.

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