Position Green has acquired Greenomy for an undisclosed amount. Greenomy is an AI-powered ESG reporting software company, specializing in helping businesses navigate complex European sustainability regulations such as the Corporate Sustainability Reporting Directive (CSRD), Voluntary European Sustainability Reporting Standards for non-listed SMEs (VSME), and the EU Taxonomy. Its platform simplifies data collection, automates reporting processes, and provides an AI advisor, Artemis, to streamline compliance for over 200 customers worldwide.
The acquisition sees Position Green, a leading provider of sustainability and ESG advisory services, strengthen its technological capabilities. This strategic move aims to integrate Greenomy’s robust reporting software with Position Green’s existing expertise, creating a comprehensive end-to-end solution for corporate sustainability. The synergy is expected to meet the growing market demand for efficient and compliant ESG reporting, particularly as regulatory landscapes evolve across Europe.
Expected synergies include an enhanced ability to offer clients both advanced software solutions for data management and reporting, alongside expert strategic guidance and implementation support. This combination will allow companies of all sizes to more effectively manage their sustainability data, ensure regulatory compliance, and drive strategic change. The acquisition solidifies the combined entity’s position as a prominent player in the European ESG technology and services sector.
Moving forward, the integrated operations will focus on accelerating the adoption of advanced ESG reporting tools and advisory services. The combined strength of Greenomy's AI-driven platform and Position Green's deep market knowledge is poised to empower businesses in their transition towards more sustainable practices, supporting the broader objectives of the EU Green Deal.