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Cority Acquires Sustainability Software Company Greenstone

Environmental, health, and safety (EHS) software company Cority has acquired Greenstone, which has a range of sustainability platforms for businesses and supply chains.

United Kingdom-based Greenstone began as a carbon accounting software business in 2006 and has grown to offer software-as-a-service systems as well as environment, social, and governance reporting tools that can track activity across a company’s entire operations, including with suppliers and investors. The company facilitates the gathering, analyzing, and sharing of sustainability data through guided workflows, questionnaires, data collection systems, and emission and framework libraries.

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Mark Wallace

Mark Wallace

CEO

Mark is CEO of Cority Software Inc., a Toronto-based, award-winning, global SaaS company. Under Mark’s leadership, Cority’s revenue has grown consistently at a compounded rate of 25%. The company has grown in employees from 29 when Mark started in 2003 to close to 400 employees today. It enjoys an industry-leading profit margin. In 2016, Cority raised capital with Norwest Venture Partners, Georgian Partners, and BMO; in 2019 Cority raised capital from software specialist Private Equity firm Thoma Bravo and with Norwest again stepping up as an investor. Mark was a finalist for the EY Entrepreneur of the Year Award in 2017 and 2018. Previously, Mark was Vice President, General Counsel & Corporate Secretary and a member of the executive management team of AT&T Canada Corp. Mark is a graduate of St. Francis Xavier University, where he recently completed 10 years on the Board of Governors, including four as Chair of the Board. He received his J.D. from the University of Victoria and is a member of the Law Society of Upper Canada. Mark is active in mentoring young entrepreneurs and has served on several other not for profit boards.