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Bureau Veritas Acquires Aligned Incentives, an Enterprise Sustainability Planning Pioneer, Expanding its Global Sustainability Services with AI Powered Solutions

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Bureau Veritas (BVVBY) has acquired Aligned Incentives, an AI-powered sustainability planning solutions provider, strengthening its position in sustainability transition services. The acquisition enhances Bureau Veritas' capabilities in Scope 3 emissions analysis and life cycle assessment (LCA), featuring AITrack software for custom process-based LCA across corporate portfolios.

Aligned Incentives, headquartered in Middleton, Massachusetts, generated €3.5 million in revenue in 2023. The company's expertise spans greenhouse gas accounting, climate risk assessment, sustainable finance, traceability, and ESG data management. This strategic move aligns with Bureau Veritas' LEAP | 28 strategy, enabling comprehensive sustainability reporting solutions for its 400,000 customers.

Bureau Veritas (BVVBY) ha acquisito Aligned Incentives, un fornitore di soluzioni per la pianificazione della sostenibilità alimentate dall'IA, rafforzando la sua posizione nei servizi di transizione sostenibile. Questa acquisizione potenzia le capacità di Bureau Veritas nell'analisi delle emissioni di Scope 3 e nella valutazione del ciclo di vita (LCA), presentando il software AITrack per LCA basate su processi personalizzati attraverso i portafogli aziendali.

Aligned Incentives, con sede a Middleton, Massachusetts, ha generato 3,5 milioni di euro di ricavi nel 2023. L'expertise dell'azienda spazia dalla contabilizzazione dei gas serra, alla valutazione del rischio climatico, alla finanza sostenibile, alla tracciabilità e alla gestione dei dati ESG. Questa mossa strategica è in linea con la strategia LEAP | 28 di Bureau Veritas, consentendo soluzioni complete di reporting sulla sostenibilità per i suoi 400.000 clienti.

Bureau Veritas (BVVBY) ha adquirido Aligned Incentives, un proveedor de soluciones de planificación de sostenibilidad impulsadas por IA, fortaleciendo su posición en los servicios de transición hacia la sostenibilidad. La adquisición mejora las capacidades de Bureau Veritas en el análisis de emisiones de Alcance 3 y en la evaluación del ciclo de vida (LCA), con el software AITrack para LCA basadas en procesos personalizados a través de carteras corporativas.

Aligned Incentives, con sede en Middleton, Massachusetts, generó 3,5 millones de euros en ingresos en 2023. La experiencia de la empresa abarca la contabilidad de gases de efecto invernadero, la evaluación de riesgos climáticos, las finanzas sostenibles, la trazabilidad y la gestión de datos ESG. Este movimiento estratégico se alinea con la estrategia LEAP | 28 de Bureau Veritas, permitiendo soluciones integrales de informes de sostenibilidad para sus 400,000 clientes.

Bureau Veritas (BVVBY)는 AI 기반 지속 가능성 계획 솔루션 제공업체인 Aligned Incentives를 인수하여 지속 가능성 전환 서비스에서의 위치를 강화하였습니다. 이 인수는 범위 3 배출량 분석생애 주기 평가 (LCA)에 있어 Bureau Veritas의 역량을 향상시키며, 기업 포트폴리오 전반에 걸쳐 사용자 맞춤형 프로세스 기반 LCA를 위한 AITrack 소프트웨어를 제공합니다.

Aligned Incentives는 매사추세츠주 미들타운에 본사를 두고 있으며, 2023년에는 350만 유로의 수익을 올렸습니다. 회사의 전문 분야는 온실가스 회계, 기후 위험 평가, 지속 가능한 금융, 추적 가능성 및 ESG 데이터 관리에 걸쳐 있습니다. 이 전략적 움직임은 Bureau Veritas의 LEAP | 28 전략과 일치하며, 40만 고객을 위한 종합적인 지속 가능성 보고 솔루션을 가능하게 합니다.

Bureau Veritas (BVVBY) a acquis Aligned Incentives, un fournisseur de solutions de planification de durabilité alimentées par l'IA, renforçant ainsi sa position dans les services de transition vers la durabilité. Cette acquisition améliore les capacités de Bureau Veritas en matière d'analyse des émissions de Scope 3 et d'évaluation du cycle de vie (LCA), avec le logiciel AITrack pour LCA personnalisées basées sur des processus à travers des portefeuilles d'entreprise.

Alignés Incentifs, dont le siège est à Middleton, Massachusetts, a généré 3,5 millions d'euros de chiffre d'affaires en 2023. L'expertise de l'entreprise couvre la comptabilité des gaz à effet de serre, l'évaluation des risques climatiques, la finance durable, la traçabilité et la gestion des données ESG. Ce mouvement stratégique est en ligne avec la stratégie LEAP | 28 de Bureau Veritas, permettant des solutions complètes de reporting sur la durabilité pour ses 400 000 clients.

Bureau Veritas (BVVBY) hat Aligned Incentives übernommen, einen Anbieter von KI-gesteuerten Lösungen für nachhaltige Planung, und stärkt damit seine Position im Bereich der Dienstleistungen zur Nachhaltigkeitsumstellung. Die Übernahme verbessert die Fähigkeiten von Bureau Veritas in der Analyse von Scope 3-Emissionen und der Lebenszyklusanalyse (LCA), mit der AITrack-Software für maßgeschneiderte prozessbasierte LCAs über Unternehmensportfolios hinweg.

Aligned Incentives, mit Sitz in Middleton, Massachusetts, erzielte im Jahr 2023 einen Umsatz von 3,5 Millionen Euro. Die Expertise des Unternehmens umfasst die Bilanzierung von Treibhausgasen, die Bewertung klimatischer Risiken, nachhaltige Finanzen, Rückverfolgbarkeit und das Management von ESG-Daten. Dieser strategische Schritt stimmt mit der LEAP | 28-Strategie von Bureau Veritas überein und ermöglicht umfassende Berichterstattungslösungen zur Nachhaltigkeit für seine 400.000 Kunden.

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PARIS, Oct. 23, 2024 /PRNewswire/ -- Bureau Veritas, a global leader in testing, inspection, and certification services, today announced the acquisition of Aligned Incentives, an innovative provider of AI-powered sustainability planning solutions. This strategic move enhances Bureau Veritas' capabilities in Scope 3 emissions analysis and life cycle assessment (LCA). Aligned Incentives is recognized for its top tier AI technology and deep expertise in sustainability metrics, positioning it at the forefront of the rapidly evolving field of sustainability impact assessment. This acquisition represents a pivotal step in Bureau Veritas' LEAP | 28 strategy, establishing a new stronghold in sustainability transition services.

The acquisition of Aligned Incentives augments Bureau Veritas' capabilities to build trust with global, granular sustainability data, designed to support its clients as they monitor their Scope 3 impact. Aligned Incentives' system, which combines top-tier life cycle assessment (LCA) expertise, an extensive database, and AI-powered AITrack software, will enable custom process-based LCA for every product across a corporate portfolio. The company's expertise in areas like greenhouse gas accounting, climate risk assessment, sustainable finance, traceability and ESG data management will strengthen Bureau Veritas' capabilities, allowing the company to accompany its customers throughout their sustainability journey. These new services will also address the growing demand for transparent, data-driven sustainability reporting. The company is headquartered in Middleton, Massachusetts, and delivered €3.5 million revenue in 2023.

"The acquisition of Aligned Incentives is Bureau Veritas' first investment in the fast-growing strategic sector of AI-powered solutions for product Life Cycle Assessment and is a pivotal moment for the Group as we continue to execute on our LEAP | 28 strategy," said Hinda Gharbi, Chief Executive Officer of Bureau Veritas. "By integrating Aligned Incentives' market-leading, AI-powered sustainability planning solutions with the rest of our Transition Services, Bureau Veritas will create differentiated solutions. This comprehensive portfolio will help our global clients build trust in their products and corporate practices, enabling them to measure, manage, and report on their environmental, social and governance impact with unprecedented accuracy and speed, regardless of their geographical footprint."

"We are excited to join forces with Bureau Veritas and extend our AI-powered enterprise sustainability planning solution to deliver far-reaching global impact, including to Bureau Veritas' 400,000 customers," added Yann Risz, CEO and Co-founder of Aligned Incentives. "Together, we will equip organizations with trustworthy, granular product and corporate footprints and mitigation strategies at scale, including best-in-class Scope 3 insights, to accelerate their transition to a low-carbon economy."

About Bureau Veritas
Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress.
With a vision to be the preferred partner for its customers' excellence and sustainability, the company innovates to help them navigate change.
Created in 1828, Bureau Veritas' 83,000 employees deliver services in 140 countries. The company's technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability.
Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
For more information, visit www.bureauveritas.com, and follow us on LinkedIn.

About Aligned Incentives
Aligned Incentives offers a market-leading, GenAI-powered enterprise sustainability planning solution, distinguished by the depth and speed of its Scope 3 analytical capabilities. Trusted by the world's largest organizations, it helps companies efficiently assess all environmental issues—including climate change, water stress, biodiversity, and more—to achieve Net Zero goals and drive business success.
Aligned Incentives bridges the gap between non-scalable product life cycle assessment (LCA) software and high-level corporate reporting solutions that lack granularity. Built on top-tier LCA expertise, a comprehensive database, and GenAI-powered AITrack software, it quickly develops custom process-based LCA across the value chain for every product and purchase in a corporate portfolio.
Companies are empowered to pinpoint supply chain hotspots, assess product footprints, develop cost-effective mitigation strategies, and report verifiable progress toward sustainability targets. AITrack offers user-friendly interfaces for diverse departments and stakeholders, enabling collaboration with key suppliers and streamlining reporting for regulatory compliance and voluntary initiatives.
Learn more about Aligned Incentives at https://alignedincentives.com/

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SOURCE Bureau Veritas

FAQ

What is the revenue of Aligned Incentives in 2023?

Aligned Incentives generated €3.5 million in revenue in 2023.

How will the Aligned Incentives acquisition benefit Bureau Veritas (BVVBY)?

The acquisition enhances Bureau Veritas' capabilities in Scope 3 emissions analysis, life cycle assessment, and AI-powered sustainability planning solutions, strengthening its position in sustainability transition services.

Where is Aligned Incentives headquartered?

Aligned Incentives is headquartered in Middleton, Massachusetts.

What technology does Aligned Incentives offer to Bureau Veritas (BVVBY)?

Aligned Incentives offers AITrack software, which combines top-tier life cycle assessment expertise, an extensive database, and AI-powered solutions for custom process-based LCA across corporate portfolios.

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