EIRIS Foundation welcomes Moody’s Investors Service as the new majority shareholder in Vigeo Eiris.

The EIRIS Foundation welcomes Moody’s Investors Service as the new majority shareholder in Vigeo Eiris and looks forward to working with the combined team as a continuing shareholder and a board member. We see this as representing a new chapter in the life of Vigeo Eiris in a number of ways:

  1. It will raise the profile of ESG considerations and symbolises the increasing importance of these considerations to market participants throughout the financial system.
  2. It will help enhance visibility of Vigeo Eiris’ long-standing framework, and further its aspiration to establish thought leadership for a globally accepted ESG standard.

“EIRIS Foundation is excited about the decision of Vigeo Eiris to work with Moody’s Investors Service, a leading provider of credit ratings, research, and risk analysis. We see the importance placed on ESG considerations by market participants is increasing. We believe this alliance will help market participants meet their current and future needs and integrate ESG factors in line with authoritative international and regional guidelines and recommendations”, said David Bent, Chair of EIRIS Foundation. “The increasingly widespread provision of ESG data investors can use is an important component of a more sustainable financial system” said Lisa Stonestreet, spokesperson for the EIRIS Foundation.

About the EIRIS Foundation

The EIRIS Foundation was the original owner of the research agency EIRIS before selling it to Vigeo to create Vigeo Eiris in 2015. The EIRIS Foundation is a charity registered in England and Wales working in the area of responsible investment. Our vision is a financial and corporate system that encourages sustainable and responsible wealth creation and management. Our mission is to use research, analysis and influence to identify gaps, barriers, opportunities and enablers so that we can help organisations and individuals maximise their contribution to the responsible business and investment agenda. The Foundation is currently focussed on four strategies: helping charities to align their investments with their missions; helping retail investors invest in line with their principles and contribute to the economic transformation envisaged in the Sustainable Development Goals and the Paris Climate Accord; advancing the spread of best practice corporate responsibility to the same end; and maximising the impact of engagement by investors with companies.