Allianz X backs ESG Book

ESG Book has closed a $35 million Series B funding round led by Energy Impact Partners (EIP), alongside Meridiam and Allianz X .

Founded in 2017, the company’s cloud-based platform makes ESG data accessible, consistent, and transparent, enabling financial markets to allocate capital towards more sustainable and higher impact assets.

“Investors, companies, and all market participants are today demanding better, technology-enabled solutions in order to direct capital towards more sustainable and higher impact assets. ESG Book is disrupting how sustainability is integrated and measured on a global scale by using next-generation technology that makes ESG data accessible, comparable and transparent. By partnering with three of the world’s leading sustainability-conscious investors, EIP, Meridiam, and Allianz X, we are excited about the next chapter of our company’s growth as we scale ESG Book’s platform and services worldwide.” – Dr Daniel Klier, CEO of ESG Book.

“As an investor, we know how important data is for making decisions. Sustainability isn’t just a fad or a phase. It’s our necessary present if we are to have a future. That’s why it’s so important to ensure transparency, quality, and comparability in ESG data. We at Allianz X invest in the future, which is why we’re supporters of ESG Book.” – Carsten Middendorf, Head of Platforms & Acquisitions at Allianz X.