Societe Generale and Altalurra Ventures invest in impak ratings, a leading impact analysis and rating agency in Europe.
Summary
The company provides financial institutions with high-quality impact analysis, based on the most consensual and rigorous industry standards allowing transparency, comparability and data contextualization. This approach is now recognized as being instrumental to enabling the financial sector be a catalyst for the transformation of our economies, which today explains the companys collaboration with major players in the market, such as Societe Generale.Indeed, it is thanks to this differentiating positioning that the company was able to convince its new partners, whose participation will considerably accelerate the development of the start-up. In addition to its investment, Societe Generale group, through its Global Banking and Advisory division, in December 2021 chose impak ratings as a partner to provide impact analysis for all its corporate clients and integrate the ratings into the banks standard business processes. As key players in the financing of the economy, banks are increasingly taking up environmental and societal challenges to become strong enablers in this transition. The synergies that are emerging today between impak ratings and its partners are fully in line with this approach, which aims to set coherent targets in the impact measurement process.