Sustainability firm EcoVadis receives more than $30 million in venture funding

Signal of change / Sustainability firm EcoVadis receives more than $30 million in venture funding

By Gwyneth Marcelo / 16 Jan 2017

This is a signal of change for sustainability consulting firms.

Sustainability Firm EcoVadis Receives More Than $30 Million in Venture Funding

EcoVadis, a French technology firm that ranks companies for environmental responsibility, ethical treatment of workers and other practices, has received more than $30 million in venture funding, as the business of vetting corporate supply chains continues to grow rapidly. Companies spend billions of dollars annually to ensure their suppliers aren't using slave labor, polluting natural resources or engaging in political corruption.



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What might the implications of this be? What related signals of change have you seen?

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