SGS Strengthens Impact Now With Aster Global Acquisition

With the acquisition of Aster Global Environmental Solutions, Inc., a highly-respected provider in greenhouse gas emissions validation, offsets, and corporate sustainability services, SGS now strengthens its sustainability Impact Now platform further. The buy is a part of SGS's strategic initiatives to meet rapidly growing demand from companies for responsible transparency and verifiable sustainability practices, it said recently.

Founded in 2019, Aster Global has emerged as a front-runner in GHG emissions verification and sustainability consulting. The company's expertise, along with key accreditations, has allowed it to build a broad client base and expand its international presence. With this acquisition, SGS welcomes 25 seasoned professionals from Aster Global, significantly enhancing its capabilities in North America and further strengthening its global reach in sustainability services.

Acquisitions are coming in at a very crucial time where climate change is raising concerns in the minds of businesses across the globe to give importance to sustainability and transparency. Governments and institutions are enforcing harsher environmental policies, forcing the companies to work towards reducing carbon footprint through proven efforts. This acquisition will bolster SGS's Impact Now customized sustainability solutions, equipping Aster Global's expertise with the ability to address these concerns.

Géraldine Picaud, CEO of SGS, said, "Aster Global is a brand name recognized around the world in the greenhouse gas space. Its broad client base and international activities complement our leadership in sustainability. Integrating the team and capabilities of Aster Global will enable SGS to meet the growing global demand for reliable GHG disclosures and sustainability verifications.".

The integration of Aster Global perfectly fits into SGS' Strategy 27, focusing on tapping into key industry trends to grow its testing, inspection, and certification services. With environmental regulations becoming tougher and consumer awareness of corporate sustainability practices on the increase, this is the most important time for robust and verifiable disclosures. That is where Aster Global's proven expertise joins with SGS' large network and rich resource base to truly drive these growing expectations.

This acquisition adds to SGS's portfolio of climate action services and reinforces its leadership in the sustainability domain. With the addition of Aster Global's capabilities, SGS is able to deliver accurate and comprehensive sustainability assessments, including GHG emissions validation and carbon offset verifications, which have become increasingly critical for companies that are looking to comply with regulatory requirements, meet stakeholder expectations, and achieve their environmental goals.

Picaud underlined the importance of this move for SGS' sustainability mission: "With Aster Global joining the SGS family, we expand our Impact Now for sustainability platform and our capacity to respond to the growing global need for confidence in greenhouse gas and sustainability disclosures." This partnership not only enhances SGS' service offerings but also underlines its commitment to supporting organizations in their journey toward a more sustainable future.

The acquisition also reflects the increasing role of sustainability in business strategies across industries. As companies are increasingly challenged by regulators, investors, and consumers to demonstrate their environmental responsibility, the role of reliable third-party verification becomes increasingly important. SGS, with its enhanced capabilities, is now better equipped to help organizations navigate these challenges and achieve their sustainability objectives.

Aster Global’s inclusion in the SGS family marks a significant milestone in SGS’ ongoing efforts to lead the way in sustainability services. By integrating Aster Global’s expertise into its operations, SGS reinforces its position as a trusted partner for businesses seeking to align with global sustainability standards. This strategic move ensures that SGS remains at the forefront of the industry, delivering innovative solutions that empower organizations to thrive in a rapidly changing environmental landscape.

The rising demand for transparency in sustainability practices has created a solid foundation for SGS' acquisition of Aster Global. With this acquisition, the two companies are now poised to drive meaningful change in the fight against climate change and help businesses in their pursuit of a more sustainable and resilient future.