Oslo, April 11, 2024

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Celsia is excited to announce that it has been acquired by ISS-Corporate, a global frontrunner in the fields of compensation, governance, cyber risk monitoring, and sustainability services. This strategic acquisition by ISS-Corporate represents a significant milestone in Celsia's mission to advance sustainability and regulatory reporting solutions globally.

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Since its inception in 2021, Celsia has concentrated on simplifying regulatory sustainability reporting, addressing the European Union’s Corporate Sustainability Reporting Directive (CSRD) regulations, including EU Taxonomy and Sustainable Finance Disclosure Regulation requirements. Celsia's software simplifies reporting in compliance with the CSRD, empowering companies to report efficiently. More than 300 companies rely on Celsia's solutions and expertise for accurate and timely reporting, with automated workflows saving up to 80% of the time compared to traditional methods, leading to significant cost reductions.

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“As corporations across the globe seek cutting-edge solutions and services in response to a rapidly shifting regulatory landscape, ISS-Corporate is pleased to respond to those demands through this transaction,” says Marija Kramer, Head of ISS-Corporate. “We welcome the Celsia team to the ISS-Corporate family and look forward to continue providing our clients with industry leading solutions spanning sustainability, governance, compensation, and cyber risk.”

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Joining forces with ISS-Corporate marks an exciting new chapter for Celsia and its clients. By becoming part of the ISS-Corporate family, Celsia gains access to a wider range of complementary solutions, allowing it to better serve its clients’ evolving needs across sustainability and regulatory reporting.

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Celsia workflows automate CSRD reporting, allowing for all relevant data and documentation to be maintained in a single location. Its team of sustainability, technology, and related domain experts provide clients with gap analysis, double materiality assessments, and software updates to support the entire process from data collection to a ready report. Celsia staff will remain in place and continue to report to Celsia’s CEO & Co-Founder, Petter Reistad.

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“We are excited for Celsia to join ISS-Corporate. Together we will help many more clients free up time to implement sustainability initiatives, while still doing high-quality reporting,” said Reistad. “Our clients are the true winners in this transaction. They will get access to a menu of complementary solutions, solving their full range of challenges within sustainability and regulatory reporting.”

About ISS-Corporate:

ISS-Corporate is a global leader in designing and managing governance, compensation, sustainability, and cyber risk programs to help companies improve shareholder value and reduce risk. With a diverse client base spanning North America, Europe, Asia, and other markets worldwide, ISS-Corporate delivers data, tools, and advisory services tailored to each client's unique needs.

For more information about ISS-Corporate, please visit their website.