Morningstar Sustainalytics Acquired Aquantix
Posted on 06/30/2022
Morningstar Sustainalytics, a global provider of ESG research, ratings, and data, announced it has acquired Aquantix, a Montreal-based technology company that develops and delivers property-level climate risk data services for the real estate and mortgage lending industries. Aquantix’s AI-powered models quantify the impacts of climate change on half a billion residential and commercial assets in 180 countries. With the demand for climate-related data accelerating among real estate investors, banks, and lenders, Aquantix’s technology and expertise will enable Morningstar Sustainalytics to help these key stakeholders assess climate-related risks in the global real estate space.
Canada-based Teranet integrates Aquantix’s property-level climate risk data into its offerings to provide federally regulated financial institutions and regulators with data solutions.
In July 6, 2020, Morningstar, Inc. completed its acquisition of Sustainalytics, a globally recognized leader in environmental, social, and governance (ESG) ratings and research.
