ACA Group (ACA) has acquired Ethos ESG (Ethos) to form an integrated tech and advisory offering for enhanced ESG compliance.
Currently, ACA’s ESG practices focus around advising on policies, procedures, and alignment with regulations and voluntary frameworks. With the addition of Ethos’ services, the company will be able to implement procedures suggested by advisors and analyse investments, along with automating several elements of reporting.
Ethos’s service provides more than 350,000 impact ratings based on 45 ESG causes, including climate change, racial justice, and mental health. Clients are able to evaluate the impacts of their investments, with full transparency of the ratings and how they are calculated.
The company recently launched an impact calculator, which calculates the real-world equivalent impact of an investment in a specific fund or product.
Additionally, Ethos implemented its Carbon Neutral Certification programme with Change Finance, which performs an independent analysis to verify whether mutual funds and exchange-traded funds are carbon neutral.
Dan Mistler, head of ESG advisory at ACA, says: “This pairing will help us to leverage data in a new way to help firms of all sizes develop and monitor their ESG programmes to mitigate risk, make informed choices, combat greenwashing, and grow profitably and sustainably in the process. Access to high-quality, transparent ESG data is an essential part of any ESG endeavour, and our partnership with Ethos will allow us to build and protect our clients’ ESG strategies.”
Luke Wilcox, founder and CEO of Ethos, adds: “Not only is taking into consideration the ESG impact of your decisions right on its merits, but greater transparency into ESG issues helps firms mitigate risk and make informed choices while growing sustainably.”
