AI-Equipped Sust Global Acquired by ISS STOXX to amplify Geospatial Climate Risk Assessment via Artificial Intelligence
In a strategic move to bolster its sustainable investment offerings, ISS Sustainability Solutions has announced the acquisition of Sust Global, a leading provider of geospatial AI-powered climate risk modeling and analytics.
Josh Gilbert, co-founder and CEO of Sust Global, expressed his excitement about the collaboration, stating that it would enable ISS to integrate advanced climate risk insights into its services. This integration is significant as it provides financial institutions with high-resolution, asset-level insights into physical climate and nature risks, enhancing risk management, regulatory compliance, and sustainable investment decision-making.
Sust Global specialises in delivering detailed geospatial climate-risk intelligence using machine learning and satellite data. Their offerings include visual analytics tools, regulatory reporting, APIs, and bespoke data solutions that embed climate-risk metrics into institutional workflows. By combining Sust Global’s proprietary geospatial AI engine with ISS STOXX’s existing asset-level data, the acquisition addresses a growing demand among institutional investors for enhanced physical risk analytics and geospatial data integration.
The acquisition will enable ISS to scale Sust Global’s solutions globally and accelerate its product roadmap, expanding access to transformative geospatial risk insights. These insights allow asset managers, insurance companies, and other financial institutions to monitor exposure hotspots, analyse portfolio-level climate risks across multiple scenarios, and make data-driven investment decisions that incorporate tangible asset risks related to climate change and environmental factors.
Till Jung, Head of Sustainability Business at ISS STOXX, expressed his pleasure about addressing the growing demand for geospatial data and enhanced physical risk analytics. He stated that the collaboration would result in highly effective solutions for institutional clients.
In addition to the acquisition, ISS STOXX is launching a Sovereign Climate Impact Report to help investors address transition risk and climate disclosure. This report aims to provide investors with comprehensive geospatial risk monitoring solutions.
In summary, this acquisition represents a strategic move to close the gap between climate risk expertise and investment workflows by embedding sophisticated geospatial risk modeling into the capital markets. This collaboration empowers financial institutions to better assess and manage physical climate and nature risks in their investment portfolios, thereby promoting sustainable investment practices.
- The acquisition of Sust Global by ISS Sustainability Solutions will enable ISS to integrate advanced climate risk insights from environmental science, such as those provided by AI-powered climate change modeling and analytics, into its services.
- Sust Global's offerings, which include geospatial climate-risk intelligence using technology like machine learning and satellite data, will now be scaled globally by ISS, providing financial institutions with high-resolution, asset-level insights into physical climate and nature risks.
- With the launch of a Sovereign Climate Impact Report, ISS STOXX aims to incorporate artificial intelligence and geospatial data into investment decision-making, helping investors address transition risk and climate disclosure, ultimately promoting sustainable investment practices.
