Normative, a Stockholm, Sweden-based company which specializes in enterprise carbon accounting across the Nordics, EU, and UK, acquired Eivee, a Danish carbon accounting solution provider.
The amount of the deal was not disclosed.
The acquisition of Eivee will enable Normative to:
- Expand its client base to include some of Denmark’s most influential companies.
- Reinforce its leadership in providing comprehensive carbon accounting and reduction solutions in the Nordic market.
- Demonstrate its capability to offer tailored, compliant, and audit-ready solutions supported by expert guidance, for major corporations across the EU and UK.
- Further its mission to be the market leader in CSRD compliance.
Eivee is a carbon accounting solution provider for Danish companies to calculate entire GHG emissions across scopes 1, 2, and 3, down to product-level calculations. Its solutions are designed to be compliant and audit-ready.
Led by CEO Kristian Rönn, Normative is an enterprise carbon platform empowering businesses to navigate sustainability disclosures and the net-zero economy. The platform provides comprehensive emissions calculations and ESG data consolidation, enabling companies to set targets, plan reductions, engage suppliers, and report for CSRD and other disclosures. Businesses like Eurostar, Flying Tiger Copenhagen, and Nordea use its auditable calculations and data management solutions, network of supply-chain insights, and climate consultants.
FinSMEs
06/11/2024