New York – The Oct 9, 2009 edition of Global Proxy Watch states that RiskMetrics is “about to announce that it is swallowing KLD, one of the world’s oldest and largest environmental, social and governance (ESG) research houses.” A call requesting comment from KLD was not returned as of press time; a RiskMetrics spokesperson declined to comment.
RiskMetrics acquired Innovest earlier this year, and combining KLD with its already strong coverage of ESG issues would create by any measure the world’s leading ESG research firm.