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.
Climate Innovation Platform Acquisitions
edie Acquired Springwise to Drive Positive Climate Action
Trend Themes
1. Corporate Climate Innovation - The merger could catalyze the creation of new sustainability-focused innovations that help corporations achieve net-zero transitions more efficiently.
2. B Corp Collaborations - The partnership between two B Corp-certified companies highlights the growing importance of certified sustainable business practices in driving industry change.
3. Sustainability Media Platforms - Combining Edie's network with Springwise's innovation database suggests an emerging trend of media platforms specializing in sustainability and corporate responsibility.
Industry Implications
1. Media and Publishing - The acquisition points to a shift in media and publishing towards highly specialized content that emphasizes sustainability and climate innovation.
2. Sustainable Business Solutions - This partnership underscores the increasing demand for integrated solutions that assist businesses in adopting sustainable practices and achieving regulatory compliance.
3. Corporate Consulting Services - The merger could enhance consultancy offerings by providing deeper insights and actionable strategies for companies looking to transition to a net-zero economy.