Nasdaq has acquired OneReport, a privately-held provider of ESG data management and reporting services to Fortune 1000 firms.
The acquisition will propel the launch of Nasdaq's recently-announced ESG reporting and workflow suite, to be named Nasdaq OneReport.
Launched in 2003, the OneReport platform integrates key reporting frameworks and assessments to simplify the process of data collection, colleague engagement and oversight, and disclosure.
“Nasdaq OneReport will broaden our strategic engagement and collaboration with issuers who are seeking clarity on ESG reporting,” said Nelson Griggs, President of the Nasdaq Stock Exchange. “We are strongly positioned to solve these challenges given the thousands of clients globally who rely on Nasdaq for counsel on a range of investor relations, governance, and sustainability-related issues.”
Financial terms of the transaction were not disclosed.