New Funds for Sustainability Data Firm EcoVadis - Daily Research News Online

June 15, 2022 EcoVadis EN


Business sustainability ratings provider EcoVadis has raised $500m in a Series C round of funding, valuing the company at $1bn. The firm will use these funds to accelerate its global expansion, deepen its artificial intelligence and machine learning capabilities, and make strategic acquisitions.

Headquartered in New York and Paris, EcoVadis delivers intelligence and evidence-based ratings to monitor and improve the sustainability performance of businesses and their trading partners. Its scorecards, benchmarks, carbon action tools, and insights are used to help guide an 'improvement journey' for environmental, social and ethical practices across 200 industry categories in 175 countries.

The investment round was led by Astorg and BeyondNetZero, with participation from GIC and the Climate Technology Fund, bringing the total raised to date to more than $725m. Frédéric Trinel (pictured), co-founder and co-CEO of EcoVadis, comments: 'We expect this investment to enable us to build on our traction to meet companies - including SMEs and private companies - at any stage of their sustainability journey, and collaboratively drive improvement in practices and impact at scale'.


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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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Exclusive: Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero a
Exclusive: Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero a

Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C ...

Next Article
Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero and Astorg a
Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero and Astorg a

Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C ...