Morningstar Sustainalytics Acquires Aquantix to Strengthen Climate Capabilities.

MANews-(C)2009-2022

Toronto-based ESG research, ratings and data firm Morningstar Sustainalytics has acquired Montreal-based property-level climate risk data provider Aquantix, to develop and deliver property-level climate risk data services for the real estate and mortgage lending industries, the company said.

Terms of the transaction were not disclosed.

Aquantix's AI-powered models quantify the impacts of climate change on half a bn residential and commercial assets in 180 countries.

Aquantix's technology and expertise will enable Morningstar Sustainalytics to help stakeholders assess climate-related risks in the global real estate space.

Combined with technology and analytics from Aquantix, Morningstar Sustainalytics will offer a range of climate solutions to empower investors, banks, lenders, and companies to make more informed climate-related decisions.

Morningstar Sustainalytics will also benefit from Aquantix's...

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