Alexforbes Offshore has acquired Paragon Impact in a move it hopes will enhance its environmental, social and governance analysis capabilities.

Amy King has also joined the Alexforbes team as Head of Sustainability, with responsibility for the strategic growth of the merged business, now known as Alexforbes Paragon Impact. 

Developed by Jersey-based Paragon Impact Limited, the platform offers verifiable impact assessments aligned with the United Nations Sustainable Development Goals (SDGs). 

The firm shared that the platform integrates the latest ESG and impact standards into a single, consolidated system, offering data analysis and ensuring compliance with evolving ESG regulations. 

Organisations can monitor and report their net impact credibly with independent SDG impact grading and users can see the impact of performance of investment portfolios and funds. 

“By integrating Paragon Impact’s cutting-edge technology, we’re strengthening our ability to deliver meaningful outcomes for our corporate and individual clients, and the wider island community,” said Adrian Peacock, Managing Director of Alexforbes Offshore. 

“This capability perfectly complements our purpose-led approach, enabling us to deliver sharper insights, stronger stewardship and meaningful outcomes that endure. 

“As we celebrate 50 years of Alexforbes Offshore in Jersey, investing in a local greentech innovator signals our continued dedication to building a sustainable future, both for the island and for the generations we serve,” he added. 

“Sustainability is not a trend. It is a fundamental driver of long-term investment performance and the future wellbeing of our clients,” said Peter Rondel, Managing Director, of Alexforbes Investments Jersey. 

“This new capability promises to be a powerful complement to our business while also creating the opportunity to serve asset managers, trustees and other stewards of listed or private markets capital in the pivot from traditional ESG reporting and grading systems to a more meaningful monitoring, managing and reporting on impact.”