ESG data provider EcoVadis raises $500 mln

June 15, 2022 EcoVadis ‏‏‎


U.S. private investment firm General Atlantic LLC co-led a $500 million private financing round for ESG data provider EcoVadis SAS, as announced Monday. General Atlantic's climate unit BeyondNetZero made the investment, which was also led by Astorg Partners SAS, Princeville Capital and Singapore-based GIC. EcoVadis co-founder and co-CEO Frederic Trinel told Reuters the company is now valued at more than $1 billion. A spokesperson for EcoVadis told MarketWatch the company now employs 1,300 people.



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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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