Singapore’s GIC backs French sustainability rating firm EcoVadis in $500M funding round
EcoVadis, the French provider of globally trusted business sustainability ratings, said Tuesday it has raised $500 million with plans to accelerate its vision of influencing every business decision with sustainability intelligence, becoming a sustainability impact unicorn. The round brings EcoVadis’ total capital raised to over $725 million and was led by Astorg and BeyondNetZero, General Atlantic’s climate investing venture, with participation from Singapore-based GIC and Princeville Capital’s Climate Technology Fund.
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