Morrow Sodali, global stakeholder engagement and ESG consulting firm, has announced the acquisition of HXE Partners. HXE Partners, an ESG strategy and implementation advisory firm, joins Morrow Sodali's ESG practice and will work closely with Morrow Sodali subsidiary FrameworkESG, a specialty advisory firm that provides data-driven analysis and expertise to help clients reduce ESG risk, build trust and create long-term value for stakeholders. Terms of the deal were not disclosed.
Founded in 2018, HXE Partners was created to address the widening gaps between what investors were asking for and what companies provided regarding sustainability and ESG information. The need for better disclosure ultimately leads to the need for better strategies, as well as their thoughtful implementation and their reporting. In response to this demand, HXE Partners has grown to support clients in the sustainability and ESG value creation process.
"This acquisition and the recent acquisition of FrameworkESG bring together two leading ESG specialty firms under the Morrow Sodali umbrella," said Morrow Sodali Chief Executive Officer, Alvise Recchi. "By augmenting our resources with HXE Partners, we are establishing Morrow Sodali as the go-to firm for ESG expertise and creating much needed additional capacity to service our growing roster of corporate clients."
To continue reading, become an ALM digital reader
Benefits include:
- Authoritative and broad coverage of the business of consulting
- Industry-leading awards programs like Best Firms to Work For, Global Leades and Rising Stars
- An informative newsletter that goes into the trends shaping the industry
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
