PricewaterhouseCoopers LLP has acquired the U.S. operations of Sustainable Finance Ltd., an advisory firm focused on environmental and social risk management in the financial sector.
PricewaterhouseCoopers said the purchase, which closed Monday, will help its clients mitigate investment risk and capitalize on opportunities in climate change and carbon markets, water use, biodiversity impacts, and the support of universal human rights.
The price was not disclosed.
Sustainable Finance also has offices in the United Kingdom and Holland.
The acquisition followed a year in which PricewaterhouseCoopers more than doubled the number of employees in its sustainability and climate change practice, to 800.