
Sustainability-ratings company EcoVadis SAS has received $500 million in an investment round led by General Atlantic and Astorg, as investors seek to capitalize on the push to quantify companies’ environmental and social impacts.
General Atlantic’s BeyondNetZero, a venture that invests in companies involved in the shift to renewable energy, and Astorg, a Paris-based private-equity firm, led the Series C investment in the software-as-a-service provider. Singapore sovereign-wealth investor GIC Private Ltd. and technolog
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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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