FiscalNote announces acquisition of ESG software company Equilibrium
PR91019
WASHINGTON, Aug. 4, 2021 /PRNewswire=KYODO JBN/ --
-- Singapore-based Equilibrium develops Environmental, Social, and
Governance (ESG) management automation software enabling enterprises
to improve ESG performance, reporting and benchmarking leveraging data
and AI
FiscalNote (
), a leading technology provider of global policy and market intelligence,
announces its acquisition of Equilibrium (
), a Singapore-headquartered company that has developed an industry-leading
Environmental, Social, and Governance (ESG) management automation software that
enables enterprises to improve their ESG performance, carbon accounting and
reporting with actionable insights through data and AI.
Logo - https://mma.prnewswire.com/media/1489173/FiscalNote_Logo.jpg
Founded in 2019 by Frank Meehan, Jay McCarthy, and Angel Ho, Equilibrium is
well positioned as the go-to planning solution for the ESG/Sustainability
transformation many companies will undergo in the next 2-5 years.
"ESG is a rapidly growing regulated sector of the future," said FiscalNote
founder and CEO, Tim Hwang. "Our capacity to ingest data and produce deep,
analytical content pairs extremely well with the workflow software developed by
Equilibrium, effectively bringing together the tools ESG professionals require."
Strong demand for businesses to better orchestrate around ESG issues has driven
organizations globally to scramble to create effective goals and structure
around ESG. The vast majority struggle to effectively do this as they often
rely on expensive consultants that do not provide technology-driven, long-term
solutions.
"We've seen incredible demand for our data-driven ESG solutions over the last
six months," noted Equilibrium founder and CEO, Frank Meehan. "Joining forces
with FiscalNote brings a unique opportunity to supercharge enterprise ESG
transformation, combining FiscalNote's regulatory and policy data and analysis
with Equilibrium's analytics, insights and reporting software."
FiscalNote already provides ESG services and content through Oxford Analytica,
a FiscalNote company, that publishes a monthly ESG report and delivers ESG
advisory services. Additionally, FiscalNote continues to publish a CQ weekly
ESG newsletter in the United States that is also distributed in Korea through a
partnership with Jipyong LLC.
This announcement caps a busy first half of 2021 during which FiscalNote made a
number of acquisitions, including UK-based geopolitical intelligence firm
Oxford Analytica (
), Australian legislative and regulatory tracking firm Timebase (
), and peer-to-peer membership community company Board.org (
).
About FiscalNote
FiscalNote is the premier information services company focused on global policy
and market intelligence. By combining AI technology, expert analysis, and
legislative, regulatory, and geopolitical data, FiscalNote is reinventing the
way that organizations minimize risk and capitalize on opportunity.
Home to CQ, Roll Call, Oxford Analytica, and VoterVoice, FiscalNote empowers
more than 5,000 clients worldwide to monitor, manage, and act on the issues
that matter most to them. To learn more about FiscalNote and its family of
brands, visit FiscalNote.com (
) and follow @FiscalNote.
About Equilibrium
Equilibrium is a next generation ESG and climate data management software
platform, helping companies understand how to improve their ESG performance,
understand risk and automate their reporting.
Founded in 2019, Equilibrium enables global companies to become ESG leaders
through data. To learn more about how Equilibrium powers ESG programs, visit
eqm.ai (
https://c212.net/c/link/?t=0&l=en&o=3248690-1&h=3194587974&u=https%3A%2F%2Fwww.eqm.ai%2F&a=eqm.ai
).
Media Contact
press@fiscalnote.com
Source - FiscalNote
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