Flag Communication boosts sustainability expertise with bolt-on acquisition of ESG Communications.

Flag Communication, the sustainability strategy, reporting and communications agency, has completed its first acquisition since the investment from Vespa Capital in January 2022.

The acquisition brings ESG Communications, an award-winning responsible investment and sustainability communications consultancy based in London into the group. Founded by Elliot Frankal, former Head of Communications at the UN PRI, ESG Communications helps large institutions and businesses tell their ESG story, launch global media campaigns, produce eye-catching printed reports, re-brand and drive positive environmental and social change.

In acquiring ESG Communications, Flag is enhancing and extending its sustainability capabilities and further strengthening its offering in media relations and investor impact reports especially serving the investment, financial services and NGO sectors.

Victoria Taylor, Managing Director of Flag said, “I’m delighted to welcome Elliot and the entire ESG Communications team to the Flag family. ESG Communications has built a fantastic reputation especially in the financial services industry and the added knowledge they will bring will have a strong benefit for our clients.”

Elliot Frankal, Director of ESG Communications commented, “We are delighted to join forces with Flag and combine our history and straight-talking expertise in the world of responsible investment with their world-leading skills in sustainability strategy and reporting. It is an exciting partnership and strengthens our ability to help our clients build a greener, fairer economy.”

Alex Parker, Investment Director at Vespa Capital stated, “This acquisition underlines our ambition to support Vic and the team and their strategic growth plan to build a market-leading sustainability and ESG communications player.”