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ESG Book raises $35 million for supply chain data

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Illustration: Lindsey Bailey/Axios

ESG Book, one of the largest sustainability data-tracking sites, raised $35 million in Series B funding.

Why it matters: Only 2% of companies have visibility into their supply chains beyond their most direct suppliers, per a new McKinsey & Co. report.

Details: Energy Impact Partners led the round, with Meridiam and Allianz X also participating.

  • ESG Book rebranded last month from Arabesque S-Ray.
  • Clients include Citi, State Street and Siemens.

What they're saying: "Sustainability is a mega-trend that persists through different economic cycles," CEO Daniel Klier tells Axios. "People know this is driving big investments at the moment."

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