Normative Acquires Eivee to Strengthen Carbon Accounting

Normative, a Denmark-based leader in carbon accounting and net-zero solutions, has announced its acquisition of Eivee, a prominent carbon accounting provider. This strategic deal strengthens Normative's market presence across the Nordics, EU, and UK, while broadening its service portfolio to include larger corporations, particularly in Denmark and Europe.

As a pioneer in carbon accounting, Normative empowers businesses to track and report carbon emissions, meet compliance standards, and work towards sustainability goals. By acquiring Eivee, Normative aims to enhance its ability to support businesses in adhering to key regulations such as the Corporate Sustainability Reporting Directive (CSRD). This collaboration will also streamline compliance with carbon reduction laws and reporting standards, making it easier for clients to address regulatory requirements.

Eivee has established partnerships with several leading Danish companies, making it a valuable addition to Normative’s operations. This acquisition extends Normative’s reach into the Danish market, enabling it to offer advanced carbon accounting solutions to a broader range of businesses.

Kristian Rönn, CEO and Co-founder of Normative, shared his excitement about the acquisition: “We are thrilled to welcome Eivee’s customers, including some of Denmark's largest companies, to join the hundreds of Nordic, EU, and UK customers who already trust our proven track record in carbon accounting and compliance. We have already started work with them on streamlining how they collect, report, and understand their carbon emissions through our carbon accounting platform and our in-house Climate Strategy Advisors.”

Eivee’s CEO, Thomas Zeihlund, also expressed optimism about the partnership: “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.

Kasper Hulthin, Chairman of the board at Normative stated ”This acquisition not only strengthens our foothold in Denmark but also reinforces our commitment to providing unparalleled, localised carbon accounting solutions across Europe. Such a tailored approach is essential for businesses contending with country-specific implementations of legislation such as the Corporate Sustainability Reporting Directive. This deal allows us to combine our strengths with Eivee’s to tackle this challenge for our customers – simplifying compliance and transforming reporting into real emissions reductions."

This acquisition reinforces Normative’s position as a top-tier carbon accounting solution provider and expands its ability to serve businesses aiming to achieve their sustainability objectives.