GIST Impact, a Zurich, Switzerland-based provider of impact data and analytics, received an investment from UBS Next, the universal Swiss bank’s venture and innovation unit.
The amount of the deal was not disclosed.
The company intends to use the funds to support the further expansion of its product integrations with partners and development of proprietary impact data and software solutions, including preparations for CSRD and TNFD requirements where clients require most support.
Co-founded b Pavan Sukhdev and Andre Hoffmann, GIST Impact delivers actionable impact intelligence to companies and investors, helping them easily measure their environmental and social impacts. The firm’s data and software are founded on a science-based, location-specific and standards-aligned approach, drawing on over 16 years of experience measuring and valuing impact. With a team of 120+ data scientists, engineers, ecologists and economists, GIST Impact delivers location-specific impact data covering 14,500+ companies. Since 2021, the firm has automated its systems to provide investment portfolio impacts, and its clients include investors representing over $8 trillion in assets under management as well as leading global corporations. GIST Impact also partners with some of the largest consulting firms, business networks, and fintech platforms to enable impact measurement and reporting across global markets. Clients include banks, sovereign wealth funds, and technology firms.
FinSMEs
22/06/2024