Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Can artificial intelligence make supply chains sustainable?

Can artificial intelligence make supply chains sustainable? | Sustainable Procurement News | Scoop.it
In fact, AI is such an important priority that one of these firms, France’s EcoVadis, just signed its first outside funding — for about $32 million from institutional investor Partech Ventures — and specifically mentioned this area as a motivation for the arrangement.
EcoVadis's insight:

Great EcoVadis coverage in GreenBiz's article on the use of AI in supply chain risk management system.

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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. They often turn to third parties to investigate far-flung contractors and confirm to investors and consumers that they are behaving ethically.

EcoVadis's insight:

EcoVadis receives 30M funding from Partech Ventures. Read out more here.

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Partech Ventures déniche une startup française dans un secteur négligé par les investisseurs — sa technologie concerne des millions de sociétés

Partech Ventures déniche une startup française dans un secteur négligé par les investisseurs — sa technologie concerne des millions de sociétés | Sustainable Procurement News | Scoop.it

Installé à Paris, San Francisco et Berlin, le fonds de capital-croissance Partech Growth vient de réaliser son tout premier investissement en France. Il a engagé seul 30 millions d'euros dans EcoVadis. La problématique de la responsabilité sociétale des entreprises (RSE) a longtemps été désertée par les investisseurs, faute de réelles opportunités d'affaires. Mais, face à une concurrence limitée, Partech Growth a misé sur la conquête rapide d'un marché de plusieurs millions d'utilisateurs professionnels potentiels pour entrer au capital d'EcoVadis.

EcoVadis's insight:

EcoVadis reçois des fonds d'investissement d'une valeure de 30 millions d'euros de la société Partech. En savoir plus ici.

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