Changes will be effective on 22 January 2024.
“Over the last year, Factlines has developed a new tech platform and launched new products and is now entering a new phase, requiring increased focus on domain competence, strategic development, and growth. Siri will continue to be a thought leader in her field of expertise and contribute to the continuous development of Factlines’ digital platform. Henrik brings experience from advising national and international companies, and from scaling, growing, and managing an international consultancy in Europe. With these key roles filled by such highly qualified individuals, and working together with the rest of the team, I am confident that Factlines has the right personnel to grow and develop further,” says Espen Zachariassen, Chairman of the Board of Factlines.
Established in 2012, Factlines is simplifying the green transition by offering digital solutions for sustainable supplier networks, the EU Taxonomy, and the Transparency Act.
“Based on ten years of operation and a newly developed SaaS platform, Factlines is well positioned to play a vital role in a new era of ESG, which is more structured and fact-based than before. We are just getting started and I am excited about our future,” says Siri Engesæth.
She is looking forward to taking on a more focused role as Chief Sustainability Officer. Utilizing her extensive experience and insight, Engesæth will continue to contribute to the development of Factlines’ strategic technological solutions, which support enterprises in their transition to a sustainable future.
In 2022, Factlines was acquired by Alytic, a portfolio company of Arendals Fossekompani. Since then, the number of employees has tripled based on a clear ambition to be a global ESG technology player.
Henrik Halvorsen has been appointed as CEO to lead Factlines in this new phase. Halvorsen is an experienced executive and advisor with a view for leadership, communications, marketing, and growth. In 1996, he co-established the Norwegian PR and communications consultancy Gambit, which was later sold and incorporated into the global communications consultancy Hill+Knowlton, in which Halvorsen remained a top executive for years.
“EU and local regulations require ever more companies to disclose and report on vast volumes of sustainability information. This kicks off in 2024 with larger listed companies, followed by larger non-listed companies in 2025, and SMEs in 2026. Companies will have to dive into something they may find difficult to understand and time-consuming to handle. This presents great business opportunities for those that can make high-quality reporting easier, faster, smarter, and more efficient. Factlines does exactly that, with software solutions for supply chain verification and due diligence, and the taxonomy – both key components to meet the new reporting requirements in the EU and Norway. I am really looking forward to working with the team to explore the opportunities that lay ahead,” says Halvorsen.