Glass Lewis merges with Clarity AI to expand ESG data reach

What's the deal? Proxy adviser Glass, Lewis & Co.Dealroom has a profile for this one. Try Dealroom → has merged with Clarity AI in an all-share swap completed through a newly created holding company. The deal, which closed Wednesday, was announced in September 2026. Terms were not disclosed.

What does each side do? Glass Lewis advises institutional investors on shareholder votes. Clarity AI provides sustainability data and analytics, counting Banco Santander SADealroom has a profile for this one. Try Dealroom →, ING Groep NVDealroom has a profile for this one. Try Dealroom →, and BNP Paribas SA among its clients.

What's the endgame? Clarity AI's geographic focus will be "complementary" to the markets already covered by Glass Lewis, chief executive Bob Mann said in an interview. The combination pairs proxy advisory services with sustainability data under one roof.

The signal: The merger ties governance research to environmental, social, and governance (ESG) data at a time when institutional investors are demanding both in tandem — a bet that the two functions are more valuable combined than apart.

Read more: financialpost.com

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