Sustainalytics, the Amsterdam headquartered ESG research company, has finalized its acquisition of Singapore-based ESG rival, Responsible Research. The deal, which was revealed by Responsible-investor.com in March Link will see Responsible Research’s shareholders, including Lucy Carmody, the firm’s founder, and Melissa Brown, partner of Serasi Capital, an emerging markets private equity fund and a member of the United Nations Principles for Responsible Investment advisory council, become shareholders of Sustainalytics. Further terms of the deal are not being disclosed. Carmody, a former Asian equity research broker and CSR professional, now based in the UK, is currently on sabbatical. Sustainalytics said Carmody would take up the role of Director of Institutional Relations, UK, beginning in the fourth quarter of 2012. The research firm has also hired London-based Catalina Secreteanu, Programme Manager at the UK Sustainable Investment and Finance Association (UKSIF) as part of afurther push into the UK market. She joins as a Responsible Investment Adviser. Diederik Timmer, Managing Director of Sustainalytics’ European offices and Global Director of Institutional Relations, said Sustainalytics had retained the full 10-strong Responsible Research team in Singapore and would likely expand the personnel. Benjamin McCarron, former Head of Research at Responsible Research, will lead the Singapore operations and oversee Sustainalytics’ Asian research. Sustainalytics, which merged with Canada’s Jantzi Research in 2009 and is backed by shareholders including Triodos Bank, MeesPierson and PGGM, has been rapidly expanding its Asian presence. In September, 2011, it formed a strategic partnership with Sustinvest, a responsible investment research and consulting firm in Korea. Timmer said he expected the announcement of a further partnership in Asia in the coming months.