Climate Innovation Platform Acquisitions

edie Acquired Springwise to Drive Positive Climate Action

References: springwise

Edie, a leading media brand for sustainability in business, acquired Springwise, a global media platform for innovations driving positive change, on October 1, 2024. This acquisition aims to accelerate corporate climate innovation by combining Edie's extensive network of sustainability leaders with Springwise's library of climate innovations. Both companies are B Corp-certified, and the merger is expected to enhance their ability to provide practical solutions and insights for businesses transitioning to a net-zero, circular, and equitable economy. The Springwise Innovation Library will become part of the Edie membership platform, and a new Innovation Pavilion will debut at the flagship edie 25 event in March 2025.

The acquisition is seen as a strategic move to bolster Edie's mission of sparking ideas, actions, and connections to drive positive change. Amanda Barnes, Chief Executive of Edie's parent company Faversham House, expressed enthusiasm about the partnership, highlighting the shared values and innovation-driven ethos of both organizations. James Bidwell, Chair of Springwise, also welcomed the acquisition, noting that it will enable Springwise to double down on its mission to drive positive change through innovation with the support and expertise of Edie. This collaboration is expected to create a unique, action-oriented proposition for members, fostering a deeper understanding of market-ready innovations and accelerating the corporate net-zero transition.

Image Credit: edie, Springwise