GIST Impact: Data And Analytics Company Raises Funding From UBS Next

By Amit Chowdhry ● Jun 27, 2024

GIST Impact, a leading provider of impact data and analytics, announced an investment from UBS Next, which is the leading universal Swiss bank’s venture and innovation unit.

GIST Impact offers actionable impact intelligence to companies and investors, helping them measure their environmental and social impacts. And the firm’s data and software are founded on a science-based, location-specific and standards-aligned approach, drawing on 16+ years of experience measuring and valuing impact.

The comapny’s clients include some of the world’s largest banks, sovereign wealth funds, and technology firms.

New regulations and standards have set a higher bar for measuring impact across value chains – whether through assessing impact materiality as part of the Corporate Sustainability Reporting Directive (CSRD) or evaluating natural capital impact as part of the Taskforce on Nature-related Financial Disclosures (TNFD). The investment from UBS Next will support more expansion of GIST Impact’s product integrations with partners and the development of proprietary impact data and software solutions, including preparations for CSRD and TNFD requirements where clients require the most support.

KEY QUOTES:

“This partnership with UBS marks a pivotal moment for GIST Impact as we set new standards for how companies and investors can integrate environmental and social considerations into their core business strategies. Our collaboration is more than an investment; it’s a shared commitment to foster a more sustainable future where financial success is inextricably linked to positive impact on the planet and society. We are thrilled to join forces with UBS to drive this change forward, ensuring that our clients are not just prepared for the future but are actively shaping it.”

  • Andre Hoffmann, Co-Founder of GIST Impact

“We believe that actionable impact intelligence and data will help investors manage their portfolios in a targeted manner and match opportunities and environmental and social impact. This is a pre-requisite to create long-term sustainable outcomes.”

  • Sergio Ermotti, Group CEO of UBS

“We’re proud to partner with UBS to accelerate this next stage in our growth. Our world-leading impact data and intelligence algorithms empower investors to manage their portfolios towards better social and environmental outcomes and impacts. Furthermore, our impact valuation platforms help companies evaluate their impacts, dependencies, risks and opportunities, helping create long-term sustainable value.”

  • Pavan Sukhdev, Co-Founder and CEO of GIST Impact
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