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Astorg and BeyondNetZero led a $500m round in EcoVadis.

Synopsis

Astorg and BeyondNetZero, private equity firms, led a $500m round in EcoVadis, a provider of business sustainability ratings, with participation from GIC and Princeville Capital. “This investment is validation of EcoVadis’ model for scaling impact across global value chains, despite the pandemic, geopolitical or financial headwinds. We continue to experience record demand as more companies are empowered to integrate the planet and society into their business operations. 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," Frédéric Trinel, EcoVadis Co-Founder and Co-CEO.

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