Singhi & Co expands ESG offerings, acquires Sustangibles’ ESG Research & Consulting Practice


The professional firm is future-ready with the new acquisition

March 2, 2023, Mumbai: Singhi & Co, one of India’s respectable accounting and business advisory firms, recently announced its acquisition of Sustangibles Private Limited’s ESG advisory and consulting practice. This resonates with the firm’s overall direction towards bolstering its consultancy prowess by weaving in ESG offerings, a key growth engine in carving a responsible future.

Incubated at Harvard Innovation labs, Sustangibles is a specialized ESG firm known for its expertise in helping companies navigate the complex landscape of ESG reporting and compliance, as well as developing sustainability strategies that align with stakeholder priorities.

Commenting on the acquisition, Nikhil Singhi, Partner, at Singhi & Co. said, “We are excited to welcome the Sustangibles team to the Singhi & Co family as we pace ahead in our journey to bring in more meaningful and relevant value-add counsel to the corporate world.As sustainability becomes an increasingly important board-level agenda for companies and their stakeholders, we recognize the need to build our capabilities in this space to enable companies navigate the nuances of this space and leverage its full potential.”Anurag Singhi, Partner at Singhi & Co. further added, “The addition of Sustangibles' expertise and resources will enable us to take a leap in terms of creating and delivering enhanced value to the companies as they navigate new requirements such as BRSR reporting and also guide them in areas of ESG Strategy and Sustainability ratings."

The Sustangibles team is slated to join Singhi & Co as part of its ESG Services practice and will continue to be led by Ravi Sankar Nori as Chief Operating Officer of the ESG Practice.

Speaking on the acquisition, Ravi Sankar Nori, Founder & CEO, Sustangibles commented, “We are thrilled to be joining Singhi& Co. Singhi & Co’s reputation capital coupled with its resolute commitment to helping clients achieve their goals aligns perfectly with our own purpose and values. We look forward with Singhi & Co. to help even more companies achieve their ESG objectives."

Through this acquisition, Singhi & Co will be able to offer the companies a more robust suite of ESG services, including sustainability reporting, risk management, and stakeholder engagement.

About Singhi & Co: Singhi & Co is the Indian member firm of Moore Global Network Limited and one of the respectable organizations in the Indian audit and advisory/ consultancy space. With a steadfast legacy of eight decades, the group offers a diverse range of services.

About Sustangibles: Sustangibles is a specialized ESG research, advisory, and consulting company. Its focus is on identifying critical ESG themes important to its clients’ decisions. It then brings together its domain expertise, research intelligence, and analytical experience to uncover tangible insights. We serve clients across corporate and financial sectors globally.