Global sustainability data provider Util today announced the closing of a £5 million round led by Eldridge. Additional participants in the round, designed to expand global footprint and accelerate hiring needs, include the Luxembourg Stock Exchange (LuxSE), the Chicago Board Options Exchange (CBOE Global Markets), and founding investor Oxford Science Enterprises (OSE).
Our vision is a world in which all capital allocation is driven by social, environmental, and financial returns.
Today, we’re a growing team of 19 based in the UK and US, on the path to making our vision a reality. It's one shared by investors Eldridge and Oxford Sciences Enterprises (OSE).
Clients — including PGIM Quantitative Solutions, a.s.r., Degroof Petercam Asset Management (DPAM), and Danske Bank Asset Management — work with Util to explore the impact of individual companies, report on portfolios, screen for stocks, and engage with companies against material sustainability issues.
Our analytics have been recognised by a number of prestigious awards, including ESG Research of the Year, North America at Environmental Finance’s Sustainable Investment Awards 2022 (winner), Best Sustainable Investment Research & Ratings Provider and Best Sustainable Thought Leadership Paper at Investment Week’s Sustainable Investment Awards 2022 (finalist), and Best Sustainable Investment Research & Ratings Provider at Investment Week’s Sustainable Investment Awards 2021 (finalist).