on EDENRED (EPA:EDEN)
Edenred Invests in Shift4Good Fund to Foster Sustainable Mobility
Edenred, a leading digital platform for services and payments, is advancing its innovation strategy in the mobility sector by investing in the Shift4Good fund. This move aligns with Edenred's Beyond Fuel strategy to develop solutions for sustainable professional mobility. Shift4Good, launched in 2021, is an impact investment fund with over €200 million. It targets the decarbonization of the transport sector by supporting entrepreneurs developing scalable innovations.
Shift4Good primarily invests in Europe and South-East Asia, focusing on areas like connected fleet management and electromobility. Edenred's investment provides access to strategic opportunities in sustainable transport technologies. This initiative bolsters Edenred's efforts in expanding its Beyond Fuel solutions portfolio and supports its commitment to reducing CO2 emissions.
Diane Coliche, Edenred's Chief Mobility Officer, emphasized the importance of their partnership with Shift4Good, which underscores a shared commitment to innovative and responsible mobility solutions.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all EDENRED news