London Stock Exchange Group (LSEG) has acquired Beyond Ratings, a Paris-based provider of environmental, social and governance (ESG) analytics for fixed income. LSEG said Beyond Ratings would sit within its information services division, which includes benchmark provider FTSE Russell. Waqas Samad, group director of information services at LSEG, said the acquisition “will accelerate LSEG’s ability to deliver research-driven multi-asset solutions in sustainable finance investing to our global client base.” The acquisition is the latest in a series of transactions involving ESG service providers. Earlier this year Moody’s Investors Services took a majority stake in Vigeo Eiris, another French provider of ESG research, data and assessments. Last week Solactive, a German index provider, announced a strategic investment in Minerva Analytics, a UK shareholder voting research and data firm. Beyond Ratings was part of this consolidation trend before the acquisition by LSEG: last year it merged with compatriot Grizzly RI, an ESG and climate change scenario analysis provider.

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