Value Chain-Focused Sustainability Ratings Provider EcoVadis Raises $500 Million

June 15, 2022 EcoVadis ‏‏‎


Business sustainability ratings provider EcoVadis announced today that it has raised $500 million in the largest-ever equity financing for a sustainability data SaaS company. The deal values the company at well over $1 billion, making EcoVadis the latest ESG data “unicorn.”

EcoVadis provides sustainability ratings for over 95,000 companies, enabling businesses to monitor and improve the sustainability performance of their value chains, including their own businesses as well as their trading partners and suppliers. Last month, for example, Deutsche Bank partnered with EcoVadis on its new requirement for all major vendors to undergo sustainability assessments.


Read the full article at: www.esgtoday.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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