Uniqus Consultech Inc, a leading provider of ESG (Environmental, Social, and Governance) and accounting & reporting consulting services, has successfully completed the acquisition of the global ESG business of Goodera. The strategic move includes the rebranding of Goodera’s cloud-based ESG tech platform as ESG UniVERSE under the Uniqus umbrella.
The acquisition encompasses the integration of esteemed global ESG clients utilizing Goodera’s platform, along with the respective teams serving these clients. This transition reinforces Uniqus’s commitment to delivering comprehensive ESG solutions to a diverse clientele.
Jamil Khatri, Co-founder, and CEO at Uniqus, highlighted the significance of the ESG UniVERSE platform during a press conference. The platform is designed to streamline ESG data collection, maintenance, and approval processes, ensuring precise disclosures in alignment with international standards. While the financial specifics of the deal remain undisclosed, Khatri expressed confidence in the potential growth of the ESG UniVERSE platform, projecting an expected revenue of $2 million in the upcoming year, specifically in calendar year 2024.
Uniqus, with a global operational reach spanning the US, UAE, Saudi Arabia, and India, envisions the ESG UniVerse as a strategic offering to cater comprehensively to the global market. Khatri outlined a robust plan to escalate the product’s value to $20 million within the next five years, underscoring the company’s commitment to innovation and growth in the ESG sector.
Khatri emphasized the critical challenge faced by companies in the ESG realm – fragmented data residing across various information systems. The integration of Goodera’s tech stack with Uniqus’s consulting expertise aims to create a unified platform that addresses this challenge. The unified platform will enable businesses to measure, monitor, analyze, benchmark, and improve their ESG performance while meeting regulatory and rating norms productively and accurately.
“We are committed to making additional investments in our tech stack to address the emerging data requirements of our clients and build a next-generation ESG tech platform,” stated Khatri, outlining Uniqus’s dedication to staying at the forefront of ESG technology.
This strategic acquisition positions Uniqus Consultech Inc as a key player in the evolving landscape of ESG solutions, combining technological innovation with consulting excellence to meet the dynamic needs of the market.