Find the right resources to help transform your ESG processes.

Visit ESG Solutions Resource Center
    ESG

    Catalyzing Progress Towards a More Sustainable Tomorrow

    Nasdaq Acquires Metrio, a Leader in ESG Analytics & Reporting Services

    We’re pleased to announce our acquisition of Metrio, a privately-held, Montreal-based provider of ESG analytics and reporting services. Founded in 2009, Metrio established itself as an early mover in the space and developed a solution that has transformed the way corporates think about and act on ESG.

    Our acquisition of Metrio underscores Nasdaq’s commitment to help our client community better navigate and manage key ESG implementation challenges facing corporates today.

    Meet Metrio

    Empowering companies to become more sustainable, transparent and profitable

    Founded in 2009, Metrio established itself as an early mover in the space and developed a solution that has transformed the way corporates think about and act on ESG. The Metrio software as a service (SaaS) based platform allows reporting across all three pillars of ESG, while providing clients with customized and consistent reports in real-time.

    Founded in 2009, Metrio established itself as an early mover in the space and developed a solution that has transformed the way corporates think about and act on ESG. The Metrio software as a service (SaaS) based platform allows reporting across all three pillars of ESG, while providing clients with customized and consistent reports in real-time.

    Era of Impact

    The Need for Sustainability Reporting

    Continuously evolving regulatory and disclosures environment

    Increasing requirements from investors for transparency around key ESG measures

    Growing corporate sustainability commitments

    Our Strategy

    Nasdaq's ESG Solutions for Corporates

    As a true partner to the corporate community, we help companies at all maturity levels to accelerate ESG excellence and action their strategies through a combination of differentiated and purpose-built technology, tools, data, and capital market solutions.

    Learn more about Nasdaq's existing ESG portfolio for corporates ->

    As a true partner to the corporate community, we help companies at all maturity levels to accelerate ESG excellence and action their strategies through a combination of differentiated and purpose-built technology, tools, data, and capital market solutions.

    Learn more about Nasdaq's existing ESG portfolio for corporates ->
    Corporate ESG Solutions

    Nasdaq to Acquire Metrio

    Resource Library

    ARTICLE

    Nasdaq to Acquire Sustainability Software Leader Metrio, Expanding Its Suite of ESG Solutions  

    As part of its deepening commitment to serving stakeholders’ environmental, social and governance (ESG) needs, Nasdaq is to acquire Metrio, a Montreal-based provider of ESG monitoring, analytics and reporting services, expanding Nasdaq’s suite of ESG solutions. By integrating Metrio’s software platform, Nasdaq will be able to provide clients with greater transparency around measurement and progress in reaching their ESG goals.

    As part of its deepening commitment to serving stakeholders’ environmental, social and governance (ESG) needs, Nasdaq is to acquire Metrio, a Montreal-based provider of ESG monitoring, analytics and reporting services, expanding Nasdaq’s suite of ESG solutions. By integrating Metrio’s software platform, Nasdaq will be able to provide clients with greater transparency around measurement and progress in reaching their ESG goals.

    Q&A

    Details of the Deal: Inside Nasdaq Acquisition of Metrio

    Patrick Elie, Chief Executive Officer and Co-founder of Metrio, and Mike Bartels, Senior Vice President and Head of IR & ESG Services at Nasdaq, discuss what this acquisition will mean for companies navigating an increasingly complex ESG landscape, and how together they are establishing a comprehensive approach to ESG reporting and disclosure.

    Patrick Elie, Chief Executive Officer and Co-founder of Metrio, and Mike Bartels, Senior Vice President and Head of IR & ESG Services at Nasdaq, discuss what this acquisition will mean for companies navigating an increasingly complex ESG landscape, and how together they are establishing a comprehensive approach to ESG reporting and disclosure.

    Have Questions?

    Nasdaq has acquired Metrio, an Environmental, Social and Governance (ESG) reporting leader based in Montreal, Canada, for its end-to-end ESG data collection, analytics and reporting software platform. The Metrio software as a service (SaaS) based platform allows reporting across all three pillars of ESG, while providing clients with customized and consistent reports in real-time. Founded in 2009, Metrio has more than 50 employees with decades of corporate sustainability experience. View the acquisition announcement press release here

    The need for sustainability reporting solutions has risen dramatically in recent years due to evolving regulatory reporting requirements and social trends. Metrio leveraged its early mover advantage and significant domain expertise to establish its market leading position in ESG reporting. We believe that this acquisition creates many opportunities for Nasdaq Corporate Solutions to integrate Metrio's platform into our existing, comprehensive and end-to-end suite of solutions that includes advisory services (Nasdaq ESG Advisory), a carbon marketplace (Puro.earth) and data management and reporting software (Nasdaq One Report). 

    Metrio provides operational and financial value for clients through its flexible and scalable end-to-end platform that generates investor grade reporting. Metrio enables clients to collect quantitative/qualitative data, measure through customized KPIs and generate investor grade reports that can adapted and shared with multiple stakeholders. Metrio flexible ESG reporting platform allows users to increase automation across all steps, simplify the reporting process and provide a visually appealing format to communicate information. 

    Our position at the intersection of financial, technology and regulatory communities gives us a unique perspective on corporate sustainability. We believe that Metrio will complement Nasdaq’s suite of sustainability reporting solutions that provide technology and expertise to help companies evaluate performance and generate reports. The combined capabilities will accelerate Nasdaq’s ability to address clients’ needs with improved end-to-end ESG data collection, analytics and reporting capabilities- and which now allows for the integration and calculation of non-financial Key Performance Indicators (KPIs), required for external or internal reporting purposes.

    If you are a current Nasdaq client and have questions about this announcement, please contact your account manager or contact our ESG sales team.

    Adena Friedman

    More than ever before, ESG is becoming central to corporate strategy. Yet, companies are navigating through this massive transition with fragmented disclosure regimes and without the right tools. We can change that.

    See how you can change your business for the better.

    Contact us for an assessment of how Nasdaq can help you reach your ESG goals

    Community

    NASDAQ FOUNDATION

    Diversifying entrepreneurship through grants support our mission.

    NASDAQ GOODWORKS

    Sponsoring support in local communities with 19,000+ hours donated to more than 1,400 charitable organizations.

    NASDAQ ENTREPRENEURIAL CENTER

    Empowering future entrepreneurs with resources and mentorship, focusing on women and underrepresented communities.

    NASDAQ'S PURPOSE

    Nasdaq's call to build a more inclusive economy has never been stronger, nor more urgent than it is today.

    Nasdaq ESG Solutions

    Elevate Every Stage of Your ESG Strategy

    The Company confirms completeness and applies for Green Designation

    Build a Better Business

    • Nasdaq OneReport: Simplifying the process of ESG data capture, engagement, oversight, and disclosure.
    • ESG Data Hub: Connecting pioneering ESG data providers with the global investment community, providing ESG intelligence on otherwise unseen segments of global markets.
    • ESG Advisory Program: Pairing consulting engagement with ESG expertise to help companies analyze, assess and action best-practices ESG programs with the goals of attracting long-term capital and enhancing value.
    • Nasdaq Governance Solutions: Ensure you have a high performing board, oversight of key corporate strategies such as ESG, and enable efficient collaboration.
    • Nasdaq OneReport: Simplifying the process of ESG data capture, engagement, oversight, and disclosure.
    • ESG Data Hub: Connecting pioneering ESG data providers with the global investment community, providing ESG intelligence on otherwise unseen segments of global markets.
    • ESG Advisory Program: Pairing consulting engagement with ESG expertise to help companies analyze, assess and action best-practices ESG programs with the goals of attracting long-term capital and enhancing value.
    • Nasdaq Governance Solutions: Ensure you have a high performing board, oversight of key corporate strategies such as ESG, and enable efficient collaboration.
    The Reviewer starts the assessment

    Enhance Engagement

    • eVestment's ESG Questionnaire: The new ESG questionnaire offers more robust quantitative and qualitative data, providing a deeper understanding of how ESG managers implement their approaches and what drives their decision making process.
    • ESG Footprint: Leverage an easy-to-implement interface measuring the global sustainability effect of a portfolio and individual securities, allowing investors and managers access to the real-life effects of each investment, along with alternatives that may better suit an individual’s sustainability goals.
    • eVestment's ESG Questionnaire: The new ESG questionnaire offers more robust quantitative and qualitative data, providing a deeper understanding of how ESG managers implement their approaches and what drives their decision making process.
    • ESG Footprint: Leverage an easy-to-implement interface measuring the global sustainability effect of a portfolio and individual securities, allowing investors and managers access to the real-life effects of each investment, along with alternatives that may better suit an individual’s sustainability goals.
    The Company enters environmental data in the ESG Data Portal (Form in Listing Center)

    Leverage the Growth of the Capital Markets

    • Nasdaq Sustainable Bond Network: Access detailed information on sustainable bonds for investment due diligence, selection and monitoring.
    • Listing of Sustainable Bonds: Raise debt capital for investment with clear benefits to the environment or social sustainability.
    • Green Equity Indexes: Complete family of environmental indexes.
    • Nasdaq Green Designations: Nasdaq Green Designations support equity issuers on Nasdaq European markets with their green business models and strategies.
    • Puro.earth Carbon Removal Market: Help corporate buyers create a long-term procurement portfolio to neutralize their carbon footprint and reach net zero.
    • Nasdaq Sustainable Bond Network: Access detailed information on sustainable bonds for investment due diligence, selection and monitoring.
    • Listing of Sustainable Bonds: Raise debt capital for investment with clear benefits to the environment or social sustainability.
    • Green Equity Indexes: Complete family of environmental indexes.
    • Nasdaq Green Designations: Nasdaq Green Designations support equity issuers on Nasdaq European markets with their green business models and strategies.
    • Puro.earth Carbon Removal Market: Help corporate buyers create a long-term procurement portfolio to neutralize their carbon footprint and reach net zero.