Corporate Sustainability Efforts Skyrocket with Tech-Driven ESG Tools
By integrating ESG considerations, companies are poised to mitigate potential hazards, captivate investors, slash costs, and establish a noble reputation.
In the corporate world, ESG—standing for Environmental, Social, and Governance—has become a pivotal factor in assessing a company’s sustainability and ethical footprint. It’s not just about being green; it’s about understanding risk management, social accountability, and long-term viability.
A staggering increase in environmental investments by businesses quintupled since 2022, with 75% of entities surveyed by SAP Insights asserting their commitment to either maintain or raise their sustainability investments.
By integrating ESG considerations, companies are poised to mitigate potential hazards, captivate investors, slash costs, and establish a noble reputation. All these efforts ensure responsible operations and contributions to a sustainable future.
Annual reports have become standard for companies to communicate their ESG progress, and this is where firms like Credibl ESG come into the spotlight. They’ve recently partnered with advisory services specialist HLB HAMT to leverage their platform, capitalizing on technology to pinpoint sustainable practices. HLB HAMT is redefining ESG policy advice, making sustainability a cornerstone of long-term value creation.
The collaboration between these two companies marks a significant stride in using Artificial Intelligence (AI) to drive sustainable business practices. Clients now have access to sustainability tools that offer automated data security, real-time benchmarking, AI-driven virtual assistants, and comprehensive support for ESG data across supply chains.
Credibl, under the leadership of Silicon Valley veteran CEO Jitesh Shetty—who notably founded Qwiklabs, later acquired by Google in 2016—aims to simplify complex sustainability reporting. The startup is dedicated to making sustainability reports easily comprehensible, ensuring that companies meet their ESG commitments while pursuing growth and profitability.
The platform stands out for delivering actionable real-time insights, allowing end-to-end ESG monitoring and management from automated data collection to intelligent target-setting and non-financial reporting.
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