Founded in 2007, EcoVadis is a provider of sustainability ratings and supply chain sustainability intelligence, helping firms comply with ESG regulations and manage their ESG performance across the supply chain. EcoVadis partners with consulting firms such as Accenture, Deloitte, HCLTech and Hitachi to help customers identify improvement opportunities that can drive supply chain sustainability. In 2022 EcoVadis raised $500m from Astorg and BeyondNetZero to enhance its product offering with AI- and ML-enabled tools and to offer supply chain sustainability solutions to small and medium-sized firms. In September 2024 EcoVadis announced the acquisition of Ulula, an on-the-ground worker engagement platform, to strengthen assessments and bolster the verification of firms’ social performance in supply chains.