SGS Enhances Sustainability Efforts with Aster Global Acquisition

SGS Expands Sustainability Expertise Through Aster Global Acquisition

SGS, a leading global Testing, Inspection, and Certification company, recently announced its acquisition of Aster Global Environmental Solutions, Inc., a prominent player in the greenhouse gas (GHG) emissions validation and verification sector. This strategic acquisition is designed to enhance SGS's capabilities in sustainability services and to respond effectively to escalating global concerns regarding climate change.

Strengthening a Commitment to Sustainability

Founded in 2019, Aster Global has quickly established itself as a trusted name in the environmental services field. With a strong focus on GHG emissions, offsets, forestry, ecosystems, and corporate social responsibility services, Aster Global brings crucial expertise to SGS. The addition of 25 skilled employees from Aster Global furthers SGS's commitment to enhancing its sustainability offerings in North America and around the world.

Given the increasing regulatory pressures and consumer expectations surrounding sustainability, SGS recognizes the necessity for companies to prioritize eco-friendly practices. In line with this realization, SGS has implemented its Impact Now sustainability initiative, which provides tailored solutions to assist businesses in achieving their environmental targets. The integration of Aster Global into this framework strengthens the overall strategy and allows SGS to respond more proficiently to megatrends in the Testing, Inspection, and Certification industry.

The Voice of Leadership

Géraldine Picaud, CEO of SGS, expressed her enthusiasm regarding the acquisition, stating, "Aster Global is a globally recognized brand name in the greenhouse gas space. Its broad client base and international activities complement our leadership in sustainability. With Aster Global as part of the SGS family, we broaden our Impact Now for sustainability platform and our ability to keep pace with the increasing global demand for confidence in greenhouse gas and sustainability disclosures."

This acquisition is a clear indication of SGS's proactive approach in focusing on environmental performance and transparency, essential elements that clients seek in today’s market.

A Glimpse into SGS

SGS is the world’s premier Testing, Inspection, and Certification company, with its headquarters situated in Switzerland. The company operates an extensive network of over 2,700 laboratories and business facilities across 119 countries, supported by a dedicated workforce of approximately 99,250 professionals. With more than 145 years of excellence in service, SGS is committed to delivering top-notch quality, safety, and compliance solutions for organizations on a global scale.

The brand's promise — "When you need to be sure" — reflects SGS's dedication to trust, integrity, and sustainability, enabling businesses to thrive amidst evolving market demands. Notably, SGS operates through respected specialized brands, including Brightsight, Bluesign, Maine Pointe, Nutrasource, and Samplifly.

SGS is publicly listed on the SIX Swiss Exchange, operating under the ticker symbol SGSN, facilitating enhanced transparency and trust in its commitment to corporate responsibility.

Conclusion

In today’s dynamic business environment, integrating sustainability into the core strategy is no longer optional but essential. The acquisition of Aster Global positions SGS well to meet these challenges head-on, providing clients with advanced solutions designed to navigate the complexities of environmental impact and sustainability. As the world continues to face pressing ecological concerns, initiatives like this acquisition represent not just growth for SGS but also a significant step towards a more sustainable future for industries around the globe.