Blackstone-backed Legence acquires LORD Green Strategies

Legence, a Blackstone company, announced its acquisition of LORD Green Strategies, a sustainability consultancy headquartered in Texas.

LORD Green will merge with RE Tech Advisors, an existing Legence company.

With this merger, Legence now owns and operates one of the largest ESG consulting practices in North America, providing unparalleled expertise to global customers in response to rapidly growing investor demand for ESG services. Now with more than $1.5 trillion in assets under management, major multinational companies already trust Legence to help them meet their ESG goals and drive progress toward a low-carbon economy. Together, RE Tech Advisor’s and Lord Green’s clients include Invesco, UBS, MetLife Investment Management, Principal Real Estate and the U.S. Department of Energy, among many others.

Today, more than 90 percent of the companies in the S&P 500 publish ESG reports, and 73 percent of S&P 500 executives now have their compensation tie