Sustainability software and advisory company Position Green announced today the acquisition of supply chain transparency and human rights due diligence solutions provider Factlines.
The transaction marks the latest in a series of acquisitions by Position Green, forming part of its efforts to establish a comprehensive sustainability platform. In September, Position Green announced the acquisition of ESG reporting and compliance solutions provider Greenomy, and in August the company acquired carbon management software provider Morescope.
Joachim Nahem, Executive Chairman and Co-Founder of Position Green, said:
“The next phase of the sustainable business transformation will be defined by integration. Companies need to connect climate, nature, people, and governance into a single strategy, which is exactly what Position Green enables.”
Founded in 2012, Oslo-based Factlines provides solutions aimed at enabling companies to identify, assess, and act on a wide range of ESG and operational risks across thousands of suppliers, as well as supporting audit and compliance trails aligned with industry and sector-specific standards and regulations such as the EU’s upcoming EUDR and CSDDD. Beyond compliance, Factlines helps companies address broader human rights and environmental expectations, as well as other operational and company-specific supply chain themes.
Industrial investment company Arendals Fossekompani (AFK) acquired a majority stake in Factlines in 2022. As part of the new transaction, AFK will become a shareholder in Position Green, and will reinvest in Position Green as well.
Benjamin Golding, CEO of Arendals Fossekompani, said:
“Our reinvestment reflects our confidence in Position Green’s ability to scale and build a leading international platform. We see Position Green as a key player in connecting data, technology, and sustainability governance to create measurable impact across industries. The transaction allows us to remain part of the company’s next growth phase, alongside a strong partner group, and represents a clear opportunity for long-term value creation.”
According to Position Green, the acquisition comes as supply chain resilience and accountability are high on corporate agendas, with most of companies’ material impact occurring within global supply chains, while ESG software and advisory providers are stepping up to enable companies to integrate sustainability into business strategy, as EU lawmakers continue to struggle to pass unified sustainability legislation.
Nahem added:
“The acquisition of Factlines is a natural continuation of our strategy to consolidate a fragmented market and build Europe’s leading sustainability platform. We are also proud to welcome Arendals Fossekompani as a new shareholder in Position Green — a partnership that strengthens our shared mission to accelerate the transition toward a more sustainable economy.”
Factlines said that as part of Position Green, it will continue developing its Supplier Relationship Management platform with enhanced automation, AI features, APIs, and third-party data, strengthening customers’ ability to manage supply chain performance and compliance. The company brings an additional 200 customers to Position Green’s current 800.
Henrik Halvorsen, CEO of Factlines, said:
“We are thrilled to join Position Green and bring our purpose to a wider audience. Together, we can help more companies understand, manage, and improve the social and environmental footprint of their value chains — and address company- or sector-specific risks to build trust and long-term resilience.”
