In an expansion of its carbon accounting capabilities, Normative announced today its acquisition of Copenhagen-based startup Eivee, a leading provider of carbon accounting solutions in Denmark. The transaction terms were not disclosed, but this move solidifies Normative’s standing as a strong carbon accounting firm across the Nordics, EU, and UK.
“Joining Normative opens up exciting possibilities for our clients. Normative’s extensive experience serving hundreds of companies across the Nordics, EU, and UK, combined with their unique approach of pairing a robust carbon accounting platform with in-house climate experts, will provide our customers with unparalleled resources and expertise in carbon accounting and emissions reduction.”
said Thomas Zeihlund, CEO of Eivee
By integrating Eivee’s expertise and robust Danish client portfolio, Normative will expand its market presence and enhance its services to even more corporations throughout Europe. This acquisition promises to streamline carbon emission reporting and compliance processes, offering a comprehensive solution for businesses navigating the complexities of carbon accounting.
“This move not only solidifies our position in Denmark but also reinforces our commitment to delivering localized carbon accounting solutions tailored to the regulatory demands across Europe. Combining our strengths with Eivee’s expertise allows us to better support our clients in complying with legislation such as the Corporate Sustainability Reporting Directive and translating their reporting obligations into tangible emissions reductions.”
said Kasper Hulthin, investor in Normative and Danish seasoned entrepreneur
The acquisition is expected to:
- Expand Normative’s client base to include some of Denmark’s most influential companies
- Reinforce Normative’s leadership in providing comprehensive carbon accounting and reduction solutions in the Nordic market
- Demonstrate Normative’s capability to offer tailored, compliant, and audit-ready solutions supported by expert guidance, for major corporations across the EU and UK
- Further Normative’s mission to be the market leader in CSRD compliance
“We are thrilled to welcome Eivee’s clientele to our platform. The addition of some of Denmark’s largest companies to our already robust customer base across the Nordics, EU, and UK will accelerate our efforts to streamline carbon management processes. Our in-house Climate Strategy Advisors are poised to enhance how these companies collect, report, and act on their carbon emissions data.”
says Kristian Rönn, CEO and Co-founder of Normative
