Net Purpose, a leading platform for sustainable investors, has acquired SDI AOP for an undisclosed amount. This corporate acquisition, announced on October 29, brings together two organizations explicitly founded with a shared mission to accelerate investments aligned with the UN Sustainable Development Goals (SDGs).
SDI AOP is an asset owner-led platform established by major institutions including APG, AustralianSuper, British Columbia Investment Management Corporation, and PGGM. Its core offering is a new standard for investments into SDGs, directly addressing the persistent challenge investors face in identifying company contributions due to a lack of quality data. Leveraging artificial intelligence from Entis and human intelligence, SDI AOP has introduced a tried and tested standardized taxonomy for sustainable investing, with its insights and index data accessible through analytics and index provider, Qontigo.
For Net Purpose, a platform designed to serve sustainable investors, the acquisition of SDI AOP is a strategic move to integrate a robust, asset owner-backed methodology and a widely recognized data standard into its offerings. This union is expected to yield significant synergies, providing a more comprehensive and trusted solution for investors aiming to identify, track, and report on their contributions to the SDGs. The integration enhances the ability to direct capital towards impactful sustainable initiatives and improve long-term investment performance.
Both Net Purpose and SDI AOP shared a foundational commitment to accelerate investments that actively deliver on the SDGs, ultimately aiming to support better investment outcomes for end beneficiaries. The combined entity is now positioned to significantly accelerate the market adoption of Sustainable Development Investments. This strategic acquisition is anticipated to strengthen their collective capacity, offering greater transparency and standardization in sustainable finance, and reinforcing their role in establishing a critical global standard for responsible investing.