“GCE NODE is not set up to develop, maintain and sell software solutions, such as Ecotrack, which require continuous updates. We are very pleased to have found a home for Ecotrack in an organization which is dedicated to environmental reporting,” says Tom Fidjeland, CEO of GCE NODE.
Developed by GCE NODE as far back as 2013/2014, Ecotrack is a tool and methodology that helps companies analyze and document how their business influences the environment.
“Increased awareness of environmental costs and eco-friendlier alternatives enable you to design solutions that are better for the environment, better for your customers and better for you,” explains Fidjeland.
Executives around the world are well aware of the environmental costs of their businesses and are dedicated to reducing them. They expect nothing less from their suppliers. Companies that can document higher sustainability are preferred partners and have a competitive edge. This is exactly what the Norwegian company Factlines offers.
Providing a digital solution for securing responsible supply chains, Factlines was recently acquired by Alytic, a portfolio company of Arendals Fossekompani, which is also a participant of GCE NODE.
Factlines was founded in 2012 in response to the Norwegian authorities’ ambition to strengthen sustainability in procurement. Today, Factlines’ digital solution and expertise have made supply chain mapping efficient. Factlines supports the process from requirements and code of conduct – to risk analysis, follow-up, and dialogue.
“Future marked leaders must be financially excellent, but also ecologically and socially sustainable. To achieve this, it is necessary to approach your suppliers efficiently and to work systematically. Factlines facilitates this work with our digital network solution,” says Siri Engesæth, CEO of Factlines, and former CEO of the environmental foundation Bellona.
With offices in Norway and Denmark, Factlines clients are typically Nordic public procurement organizations and private companies.
The agreement with Alytic and Factlines ensures that GCE NODE companies will have access to the Ecotrack tool, including future updates.
“Ecotrack is tailor made by and for the supplier industry and will continue to be an important tool for a number of GCE NODE companies, but also for a wider audience in the hands of Factlines,” says Fidjeland.