Throughout the last few years, we have seen a keen interest in how companies are managing their environmental, social, and governance (ESG). Environmental measures consider how a company performs as a guardian of nature. Social standards examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, and shareholder rights. Given the broad nature of ESG and the general complexity of reporting mandates, ESG disclosure practices can vary significantly. This vibrant environment calls for new solutions to give companies a better way to grow their ESG impact in a positive direction.
Why is ESG important?
On the environmental aspect, it's one of the biggest challenges that the human race is facing. If you aren't convinced, please check this TED Talk from John Doerr: “An action plan for solving the climate crisis.”
On the social front, many articles and books show the importance of making teams and companies more diverse. Rocio Lorenzo has great insight into: "How diversity makes teams more innovative."
Many companies are trying to find better ways to improve their compliance and business ethics on governance. It's not only because they wish to do good, but it also makes great investment sense.
Why am I excited about ESG?
Because working on important and hard challenges is a passion of mine. A difficult problem is always more rewarding than an easy one, and the impact of ESG progress will be wide and wild. In the past 20+ years, I was always trying to find the golden path between business and technology. This time it’s with a tremendous added bonus - helping other companies to create positive change!
What are we doing?
ESGgo is building the first purpose-built enterprise operating system for ESG. We are building a one-stop-shop solution for achieving ESG leadership. The main components:
Automation - Instead of manual data entry into spreadsheets, ESGgo’s platform automates data collection and reporting across organizations.
Reports and "actionable" dashboards - Customized dashboards and benchmarking will take the guesswork out of identifying material issues for your organization or industry.
AI-powered insight engines- The system will provide tailored recommendations for setting targets, enhancing practices, and improving ESG standing against any reporting framework.
We’ll have more to share in the coming weeks. It's going to delight you. If you wish to get early access - please ping us at contact@esggo.com
