Atos has signed off on a deal to acquire France-based carbon reduction strategy consulting firm EcoAct.
While no financial details were announced, the transaction is slated to complete in the second half of 2020.
The acquisition also remains subject to approval from both companies’ governance bodies.
Paris-headquartered EcoAct is a sustainability consultancy and project developer, which helps businesses reduce their carbon emissions, while driving commercial performance.
Its NetZero programmes allows companies to create, monitor and embed a climate strategy.
As a result, users can calculate their carbon footprint and total greenhouse gas emissions and work towards producing low-carbon operations.
Its clients include the likes of Daimler, Telefonica, the World Wide Fund for Nature and Legal & General.
EcoAct works on a number of carbon offsetting projects worldwide, including in India, Brazil, Ethiopia and Kenya.
Founded in 2005, the company has more than 150 employees.
Elie Girad, chief executive of Atos, said: “The acquisition of EcoAct is a major step towards our decarbonization ambition.
“Combining the leading position of EcoAct in climate strategy consultancy and offset project development with our decarbonisation portfolio of solutions and services and our go-to-market will step-change our customers’ journeys to Net Zero.”
The two companies also plan to build a global decarbonisation excellence centre, which will allow organisations to fulfil their climate change and zero emissions strategies.
Atos is an information technology service and consultancy that serves customers throughout the manufacturing, telecommunications, healthcare and defence sectors, among others.
The group has 110,000 employees in 73 countries worldwide and operates under the brands Atos, Atos|Syntel and Unify.
During the six months ended 30th June 2020, the company generated revenue of EUR 5.63 billion, down 2.8 per cent from EUR 5.79 billion in the corresponding period of 2019.
© Zephus Ltd