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ESG and Sustainability | The story so far…

Formerly 'Spring Associates Responsible Investment Services (SARIS)'

ACQUIRED
Q3 2019

BACKGROUND:

Spring Associates was formed in 2005 with the belief that companies who will be future winners need to deliver value at multiple levels – not only to their direct customers, employees and shareholders, but also to the natural environment and to society at large. The firm provided clients with growth and transition, restructuring, transactional and due diligence services, before launching Spring Associates Responsible Investing Services (SARIS).

THE MJ HUDSON FIT:

We have entered a new era of asset management, where ESG has become, rightly, a business critical issue for fund managers and investors. Northern Europe has made the early running, but continued pressure from stakeholders and regulators means that other markets, including North America, are not far behind.

In the early years of ESG and impact investing, investors at all levels were content for funds to create their own narrative. Prompted by grassroots pressure and the attendant prospect of enhanced regulation, MJ Hudson believes that the next phase calls for more independent and consistent analysis of ESG factors within a framework that can assess the depth to which it has been internalised. The era of so-called “greenwashing” is at an end, and the Spring team saw it coming.

From our first contact, MJ Hudson was immediately impressed with the quality of Spring’s analysis framework and outputs, and was excited to welcome the team’s blend of deep research capability and management consultancy skills into the business. The acquisition of the Amsterdam-based ESG business also provided the firm with another operating base in one of Europe and the EU’s key asset management centres.

POST ACQUISITION HIGHLIGHTS:

  • Now operating in multiple new jurisdictions across Europe
  • Launched whitepaper series on ESG hot topics
  • Hosted multiple webinars and spoken at various events
  • Launch of SFDR services
  • Cross division projects with the Legal and Investor Relations teams

If you’d like to learn more about our ESG and Sustainability services, click here.

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