ESG360°, a London-headquartered fintech company providing businesses with ESG compliance tools, is planning to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise.

The company, which established its Glasgow presence last year, will use the funding to invest in its Scottish operations, creating over 30 high-value jobs over the next three years.

"Glasgow is the ideal location for our next phase of growth," said Anj Chadha, founder and CEO of ESG360°. "This grant from Scottish Enterprise is a vote of confidence in our vision and our ability to deliver measurable impact for businesses worldwide."

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ESG360° believes its AI-powered platform is well-positioned to capitalize on the growing demand for ESG solutions, with nearly 90% of business leaders in Europe, the US, and Asia indicating the need for advanced technologies to meet their sustainability objectives.

"This welcome expansion by ESG360° shows the pace is not slowing and demonstrates Scotland’s position as the natural home for businesses operating at the cutting edge of data, technology and sustainability," said Business Minister Richard Lochhead.

The investment aligns with Scottish Enterprise's mission to double the number of scale-up businesses operating in Scotland over the next ten years, focusing on sectors where Scotland has a competitive advantage, such as fintech.

"We’re genuinely delighted that ESG360° has chosen Glasgow as the location to scale its businesses," said Reuben Aitken, managing director of international operations at Scottish Enterprise.

ESG360° has also received backing from Invest Glasgow and FinTech Scotland, further reinforcing its position within the growing Scottish fintech ecosystem.