UK-based ERM has acquired Stratos, an Ottawa-based sustainability and ESG advisory business. No financial terms were disclosed. OMERS Private Equity and Alberta Investment Management Corp earlier this year agreed to sell ERM, a pure-play sustainability consultancy, to KKR.
09 November 2021
The world’s largest pure play sustainability consultancy, ERM, has acquired Stratos Inc., one of Canada’s leading sustainability and ESG advisory firms.
As a management consultancy with more than 20 years’ experience working across industry, government, indigenous organizations and civil society, Stratos adds over 30 Canada-based sustainability and ESG practitioners to ERM’s +5,500-strong firm. The company brings deep expertise in ESG performance and risk management, stakeholder engagement, science and innovation, conservation and regulatory excellence, as well as a commitment to advancing Indigenous reconciliation through meaningful partnerships and collaboration.
This acquisition further strengthens ERM’s leading capability in sustainability and climate change advisory services and builds on recent acquisitions including Sustainalize in 2021, M. J. Bradley & Associates and Critical Resource (both in 2020), SustainAbility in 2019 and BrownFlynn in 2018.
Keryn James, CEO, ERM said: “As organizations look to transition to a low-carbon economy, they look for partners that can help not only strategize solutions, but also implement them. With the acquisition of Stratos, we are further strengthening our capabilities and capacity to support clients in Canada and beyond as they navigate these increasingly complex issues. We are thrilled to welcome Stratos to the ERM Group.”
Stephanie Meyer, President of Stratos, shared “We are very excited to be joining the ERM team. Global financial markets and governments are pulling economies toward net zero carbon transitions and more sustainable and inclusive practices. In response, businesses and public sector organizations need new approaches and strategies underpinned by strong technical analysis and engagement. Together with ERM and our Indigenous partners, we can offer this full suite of services to support these transitions.”
Stratos is one of Canada’s leading management consultancies focused exclusively on ESG and sustainability. Trusted advisors, researchers, strategists and integrators, Stratos has a strong and credible reputation in both corporate and government circles for providing objective and practical advice and producing high-quality products.
The company was founded in 2000 in Ottawa, Ontario.
ERM is the business of sustainability.
As the largest global pure play sustainability consultancy, ERM partners with the world’s leading organizations, creating innovative solutions to sustainability challenges and unlocking commercial opportunities that meet the needs of today while preserving opportunity for future generations.
ERM’s diverse team of over 5,500 world-class experts in over 150 offices in more than 40 countries supports clients across the breadth of their organizations to operationalize sustainability. Through ERM’s deep technical expertise clients are well positioned to address their environmental, health, safety, risk and social issues. ERM calls this capability its “boots to boardroom” approach for its comprehensive service model that allows ERM to develop strategic and technical solutions that advance objectives on the ground or at the executive level.