Nasdaq, a worldwide know-how firm serving the capital markets and different industries, introduced at this time the acquisition of OneReport, a fintech startup and supplier of company accountability and environmental, social, and governance (ESG) knowledge administration and reporting companies. The monetary phrases of the deal weren’t disclosed.
The acquisition will assist NASDAQ to speed up the supply of its recently-announced ESG reporting and workflow answer, to be named Nasdaq OneReport. The platform is now obtainable to corporations as a part of the suite of options supplied by Nasdaq’s Company Companies enterprise.
Based in 2003, OneReport is a supplier of company accountability (CR) info administration and reporting companies. The corporate helps corporations fight survey fatigue, the OneReport platform integrates key reporting frameworks and assessments, enabling shoppers to navigate the evolving scores panorama and handle related metrics effectively.
“Nasdaq OneReport will broaden our strategic engagement and collaboration with issuers who’re looking for readability on ESG reporting,” mentioned Nelson Griggs, President of the Nasdaq Inventory Alternate. “We’re strongly positioned to resolve these challenges given the 1000’s of shoppers globally who depend on Nasdaq for counsel on a variety of investor relations, governance, and sustainability-related points.”
ESG knowledge has more and more change into an necessary useful resource for traders looking for efficiency indicators, but additionally for public corporations making an attempt to extend operational effectivity, lower useful resource dependency, and entice new clients and staff.
Since 2003, OneReport’s software program platform has helped main organizations navigate company accountability frameworks, pilot the knowledge seize and response course of, and ship ESG knowledge to scores companies and different stakeholders. OneReport addresses the daunting array of frameworks by providing a simple and environment friendly instrument for managing knowledge internally, and in flip, connects corporations to the trade’s main ESG raters.
“We’re excited to affix along with Nasdaq as we proceed our mission to advance accountable ESG efficiency and disclosure, whereas streamlining the company accountability and ESG disclosure course of,” mentioned Janice Warren, President, OneReport.
Nasdaq (Nasdaq: NDAQ) is a worldwide know-how firm serving the capital markets and different industries. Our numerous providing of knowledge, analytics, software program and companies allows shoppers to optimize and execute their enterprise imaginative and prescient with confidence.
OneReport’s on-line software program simplifies the method of knowledge assortment, colleague engagement and oversight, and disclosure. A useful resource for Fortune 1000 companies and organizations of all sizes, OneReport is an authorized software program and instruments supplier for the International Reporting Initiative, and a licensee of CDP, SASB, and different scores organizations.