Founded in 2017 and headquartered in Beijing, YJV is a premier ESG data and analytics firm with the mission to support responsible investment and green finance in China through providing ESG ratings, environmental pollutants and carbon emission metrics, and other climate risk analytics to the financial services industry. Leveraging AI and deep learning techniques, the firm develops data and analytic products to address China’s most pressing sustainability issues for investors, corporates and state agencies.
Paul Kau, Managing Director, Environment, said, “We are very excited to forge this powerful partnership for future growth. Combining WSP’s inherit technical engineering strengths with YJV’s AI technologies, we will be able to assess climate-related risks in a timely and confident manner, enhancing our capabilities on delivering top-notch environmental consulting and advisory services, as well as supporting our goal in transitioning toward a more equitable and climate-resilient future aligned with our unique Future Ready approach.”
The partnership is particularly valuable for WSP’s merger and acquisition services that require findings within short investigation periods but with reasonable levels of certainty, and ESG reporting where client assets and supply chains are usually at multiple localities that traditionally require intense manpower to identify and assess potential climate-related risks.
Vivi Hu, co-founder of YJV, said: “I very much look forward to the partnership with WSP to provide our clients with professional services in environmental climate change and risk analysis through our respective expertise in engineering as well as AI and data modeling.”