S&P Global acquires Shades of Green business from Cicero

Chicago, Dec. 6 – S&P Global Inc. acquired the Shades of Green business from the Center for International Climate Research (Cicero), according to a press release.

The acquisition will be integrated into S&P Global Ratings and is intended to expand the depth of its second-party opinions offering.

S&P Global Ratings will retain an office in Oslo where Shades of Green is based. The Center for International Climate Research will continue to lend its climate expertise to Shades of Green and provide insights to S&P Global's other leading sustainability businesses.

The transaction was signed and closed on Dec. 1. Terms were not disclosed.

S&P Global is a financial information and analytics provider with headquarters in New York.

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