Connect Earth acquires Stockholm’s Datia to create a platform for tracking carbon and ESG for banks and investors

Connect Earth has acquired Datia. Together, they will provide a unified sustainability data and reporting platform for financial institutions.

Connect Earth, a London-based climate fintech that provides carbon measurement solutions to financial institutions, has acquired Stockholm’s Datia, an ESG reporting platform used by asset managers and financial institutions in Europe and the US.

The acquisition is part of Connect Earth’s plan to build the Sustainable Finance Operating System (OS), a single data system designed to help financial institutions meet regulations, engage customers, and create ESG-linked financial products at scale.

Accelerating the transition to sustainable finance

Sweden’s Datia is a climate-fintech company that helps investors transition to sustainable finance. It serves asset managers, asset owners, third-party management companies, wealth advisors, and technology platforms.

Founded in 2019, Datia supports clients managing over €200B in assets. Its software provides sustainability data, insights, and reports aligned with European frameworks, including PAI Statement and Sustainable Investments for SFDR compliance, European ESG Template (EET), MiFID II client reports, and EU Taxonomy.

The platform also offers information on ESG scores, business involvements, and contributions to the UN Sustainable Development Goals (SDGs). Datia’s team includes technologists, designers, and sustainability specialists.

Aim of the acquisition

Financial institutions worldwide must comply with regulations such as SFDR, CSRD, and the EU Taxonomy while managing costs and serving clients. Many still rely on costly and fragmented ESG tools with overlapping datasets.

By combining Datia’s regulatory reporting technology with Connect Earth’s API-based carbon and ESG infrastructure, the new platform offers a single, standardised data solution to address these compliance and data challenges.

Alexander Lempka, CEO of Connect Earth, says, “Finance is the most powerful lever we have to address sustainability. By acquiring Datia and unifying ESG reporting with emissions data and customer engagement, Connect Earth is redefining how financial institutions approach sustainability.”

“Together, we can help banks and asset managers move beyond compliance, turning regulation into opportunity and impact into growth. Effectively, we now cover demand generation for sustainable products and the supply of regulatory reporting tools.”

Juan Manuel Serruya, CEO and founder of Datia, adds, “By joining forces with Connect Earth, we’re bringing together two leaders in sustainable finance to deliver an end-to-end offering for banks, from retail and wealth to asset management and lending.” 

“Our combined technology, data, and global footprint across EMEA and North America will help customers move faster and with more confidence. I’m proud of what we’ve built at Datia and excited to keep supporting the combined company as a board observer.”

Connect Earth’s sustainable finance OS

Connect Earth and Datia have launched a combined platform that offers financial institutions a single system for sustainability data and reporting.

The platform includes compliance and reporting tools for SFDR, PAI, EET, and CSRD disclosures, along with ESG portfolio screening and unlisted company coverage. It provides carbon emissions insights with transaction-level footprinting for retail and SMEs, portfolio metrics, and SME data enrichment.

It also features in-app sustainability tools, advisor dashboards, and functions to support customer engagement and retention. For green finance origination, the platform supports SME data capture, eligibility checks, and relationship manager workflows for ESG-linked lending.

A unified dataset underpins the platform, covering retail, business, wealth, and asset management use cases.

Brief about Connect Earth

Founded in 2021, Connect Earth provides ESG and carbon data infrastructure for banks, asset managers, and fintech companies. Its platform helps financial institutions meet regulatory requirements, engage customers, and develop green finance offerings.

The company was established to make carbon emissions data available to businesses and individuals. Its founders created an API toolkit that measures the carbon footprint of spending based on transaction data.

Connect Earth integrates these tools into software used by consumers and companies, enabling them to monitor and reduce emissions. Its technology allows financial institutions to guide customers toward emissions reduction through spending insights.