EcoVadis Raises $500M in Funding

June 15, 2022 EcoVadis ‏‏‎


EcoVadis, a global provider of business sustainability ratings, raised $500M in funding.

The round was led by Astorg and BeyondNetZero, with participation from  GIC and Climate Technology Fund. 

The company intends to use the funds to to accelerate its global scale-up, deepen its artificial intelligence and machine learning capabilities, and make strategic acquisitions.

EcoVadis provides companies of all sizes with expert intelligence and evidence-based ratings to monitor and improve the sustainability performance of their business and trading partners. Its actionable scorecards, benchmarks, carbon action tools, and insights guide an improvement journey for environmental, social and ethical practices across 200 industry categories, 175 countries. Industry leaders such as Amazon, Johnson & Johnson, L’Oréal, Unilever, LVMH, Salesforce, Bridgestone, BASF and JPMorgan are among the 95,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.


Read the full article at: www.finsmes.com

About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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