ESG360°, a London-based fintech firm specialising in AI-powered Environmental, Social, and Governance (ESG) compliance solutions, has announced plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise. This investment signifies a significant step in Scotland’s approach to sustainable finance, with ESG360° aiming to create over 30 high-value jobs in the city over the next three years.
The company’s AI-powered ESG platform helps businesses navigate the complexities of ESG compliance, providing clear, actionable insights to meet evolving regulations and investor expectations. This expansion aligns with recent research from Bain & Company, which found that nearly 90% of business leaders in Europe, the US, and Asia believe their companies require advanced technologies such as data-collection platforms to meet their sustainability objectives.
Scotland’s fintech sector has seen considerable growth, expanding tenfold since 2018 and now supporting over 11,000 jobs.
This investment not only underscores ESG360°’s commitment to sustainable finance but also highlights Scotland’s growing reputation as a hub for fintech innovation and sustainability. The expansion is further supported by Invest Glasgow, which provided a property grant, and FinTech Scotland, which recognised ESG360° as one of the winners of its ‘Shaping the Future of ESG in Financial Services’ innovation call.
ESG360° has made a name for itself by combining artificial intelligence with expert support to help businesses manage their environmental, social, and governance (ESG) data. Their technology is particularly useful for those trying to navigate the complex world of sustainability reporting and compliance. The platform’s value creation capabilities help organizations integrate ESG seamlessly into their long-term business strategies. Additionally, AI-driven insights can enhance transparency in sustainability efforts, providing organizations with clearer visibility into their practices.
The company’s expansion in Glasgow comes at a time when businesses are increasingly looking for solutions to meet stricter ESG regulations, such as ISSB standards or TCFD requirements. ESG360°’s platform helps streamline the reporting process, reducing manual work and improving accuracy.
The company’s ability to create a single source of truth for ESG data allows businesses to compare their performance against industry peers and gain actionable insights that can help boost their enterprise value. The platform’s AI-powered analytics make it easier to spot potential risks and opportunities in sustainability strategies.
The £1 million grant will help strengthen Glasgow’s growing fintech ecosystem while creating new opportunities in the local economy. This expansion aligns perfectly with global initiatives like COP26 and the European Single Access Point, which emphasize the importance of standardized ESG reporting.
According to Anj Chadha, Founder and CEO of ESG360°, “Glasgow is the ideal location for our next phase of growth. This grant from Scottish Enterprise is a vote of confidence in our vision and our ability to deliver measurable impact for businesses worldwide.”
Nicola Anderson, CEO of FinTech Scotland, highlighted the sector’s role in sustainable finance, saying: “At FinTech Scotland we believe that harnessing technology and collaboration can accelerate sustainable finance solutions, so it’s great to see ESG360° embracing fintech research and innovation focused on meaningful impact. This reinforces the role of fintech in shaping a more sustainable and resilient future and strengthens Scotland’s position as a leading fintech cluster.”
ESG360° plans to create over 30 high-value jobs in Glasgow over the next three years, reinforcing the city’s reputation as a hub for fintech and sustainability innovation. The company has also received support from Invest Glasgow and was recognised by FinTech Scotland as one of the winners of its ‘Shaping the Future of ESG in Financial Services’ innovation call.
