Moody’s to acquire minority stake in ESG analytics provider in China

By Wendy Van Sickle

Columbus, Ohio, Oct. 30 – Moody’s Corp. will acquire a minority stake in SynTao Green Finance, a provider of environmental, social and governance data and analytics in China, according to a news release.

SynTao Green Finance supplies ESG data and ratings, green bond verification and green finance solutions to financial institutions and corporations in China, as well as ESG thought leadership to policymakers, according to the release.

Its data covers publicly listed Chinese companies, bond issuers and macro ESG development trends.

Moody’s said its investment in SynTao Green Finance aligns with its ongoing global commitment to promoting transparent standards for evaluating ESG risks and “strengthens Moody’s presence and engagement in China and its financial markets, with a focus on supporting long-term, sustainable growth and contributing to the healthy development of ESG markets.”

“In consideration of both global ESG standards and China’s specialized market characteristics, [SynTao Green Finance] has developed effective ESG methodologies dedicated to China and has accumulated a substantial amount of data,” Peiyuan Guo, chairman of SynTao Green Finance, said in the release.

“Moody’s investment will help [SynTao Green Finance] accelerate its data coverage, adoption and ability to further serve Chinese market participants. We are excited to partner with Moody’s and look forward to future collaboration.”

The terms of the transaction, which is expected to close by early November, were not disclosed.

Moody’s is a New York-based credit ratings and research agency.

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