Uniqus Consultech aims to improve ESG data management by Corporates

Uniqus ConsultechMumbai, 07 December 2023: Uniqus Consultech Inc., the ESG and Accounting and reporting Consulting company, announced it has acquired the global ESG business of Goodera.

Goodera’s ESG tech platform is a well-established cloud-based software that helps corporates manage the performance of their sustainability programs. Using the platform, companies can automate the collection, maintenance, and approval of their ESG data; and ensure precise disclosures against global frameworks, standards, and rating requirements, including GRI, CSRD, SASB, ISSB, BRSR, DJSI, CDP to name a few.

As a part of the acquisition, Uniqus will acquire marquee global ESG clients using Goodera’s ESG platform and the teams serving these clients will also become a part of Uniqus.

Post the acquisition, the platform is being renamed as ESG UniVerse. Uniqus is making significant investments in augmenting ESG UniVerse with best-in-class data management, reporting & AI-enabled smart search capabilities and adding additional features such as GHG Inventorization, Value Chain Assessment, Peer Benchmarking, and ESG Maturity Assessment. Several of these additional capabilities are in advanced stages of development.

The acquisition is a part of Uniqus’ strategy of integrating technology with consulting to address client needs on a holistic basis. With the growing focus on ESG and related disclosures, clients will benefit through access to a technology platform that enables them to manage their varied ESG data and reporting requirements in an efficient and structured manner, while ensuring the highest level of data integrity. Clients will also benefit through access to the deep ESG domain knowledge and experience of Uniqus’ consulting practice.

Through this acquisition, Uniqus has further strengthened its ESG practice as it seeks to serve a US$10 billion addressable ESG market.

Jamil Khatri, Co-Founder & CEO of Uniqus, said, “One of the major challenges faced by companies in the area of ESG is the weakly integrated data that resides across different information systems. By integrating Goodera’s tech stack with our consulting expertise, our overall ESG offering will bridge this gap through a single platform for businesses to measure, monitor, analyze, benchmark, and improve their ESG performance, and meet regulatory and rating norms productively and accurately.”

He further added – “We are committed to making additional investments in our tech stack to address the emerging data requirements of our clients and build a next-generation ESG tech platform.”

Sharing his views on the transaction, Abhishek Humbad, Founder and CEO of Goodera said, “Uniqus’ ESG practice has deep experience and skills to assist companies with their ESG needs, including the overall ESG strategy, climate action goals, reporting frameworks, and implementation support in line with global standards. The combination of the deep domain expertise of Uniqus and the Goodera ESG platform will be hugely valuable to companies as they manage global compliance and make progress on their ESG journey.”