Position Green has acquired Factlines, a software company specialising in Supplier Relationship Management (SRM), for an undisclosed amount. This corporate acquisition sees Position Green, a provider of sustainability solutions, expand its offering by integrating Factlines' platform, which is dedicated to pre-qualification, risk screening, and collaborative management within global supply chains.
Factlines' self-service platform helps businesses derisk their supply chains through detailed supplier mapping, automated risk scoring, and accurate data collection. It leverages company registers, self-assessment questionnaires (SAQs), AI analyses, industry indexes, and third-party data to provide comprehensive insights. The company's software is specifically designed to facilitate compliance with key regulations such as the Norwegian Transparency Act, the Corporate Sustainability Due Diligence Directive (CSDDD), EU Taxonomy reporting, and the Corporate Sustainability Reporting Directive (CSRD).
This strategic acquisition is set to significantly enhance Position Green's ability to deliver comprehensive sustainability and compliance solutions. Factlines' specialized SRM software directly addresses the growing need for robust supply chain due diligence and transparency, aligning with current regulatory landscapes and corporate demands for responsible sourcing. The integration of Factlines' advanced tools with Position Green's existing offerings is expected to create substantial synergies, providing clients with a more powerful suite of capabilities for managing complex global supply chains and stringent reporting obligations.
By combining Factlines' expertise in automated risk management and regulatory compliance with Position Green's broader sustainability focus, the unified entity aims to empower businesses with enhanced tools for proactive risk prevention and data-driven insights across their value chains. The acquisition underscores a commitment to helping organisations navigate the increasing complexities of environmental, social, and governance (ESG) factors in their global operations.