Use cases

Problem
Poor ESG intel to avoid penalties

Companies struggle to swiftly identify ESG issues across their supply chain.
Besides, it is problematic for a corporation to identify and understand the relevant ESG laws and regulations that apply to its operations.
Failing to ensure legal compliance will result in massive fines, lawsuits, and reputational damage.

Solution
Real-time alerts about ESG incidents

Clients will receive real-time ESG intel to act accordingly and avoid hefty fines.
Moreover, each incident is traced and linked to its source (e.g., governmental databases, official reports, NGO publications, news articles, etc.).

Problem
Violations of norms and regulations

It becomes increasingly complicated to keep tabs on all relevant ESG-related norms and regulations.
Taking stock of a large body of sustainability laws and then tying back supply chain incidents to the respective legal criteria is a business nightmare.

Solution
Compliance with norms/regulations

The ESG incidents are mapped to:
regulations (SFDR, CS3D, EUDR, LkSG), international standards and frameworks (UNGC, OECD, UDHR, ILO), and conventions (Minamata, POPs, Basel, Stockholm, Paris Agreement).

Problem
No insights on a range of ESG issues

Companies usually do not have the right data to address a vast array of ESG issues with impact on their business.
Therefore, corporations expose themselves to legal repercussions because of failure to identify and address all relevant ESG incidents.

Solution
Broad coverage across relevant topics

Indicators capture evidence of negative corporate behavior.
The coverage includes a wide spectrum of issues (e.g., human rights violations, labor disputes, environmental damage, antitrust, business ethics breaches, corporate governance failures, etc.).

Problem
No ESG benchmarking data

No apples-to-apples – companies typically do not have access to comparable data to measure up suppliers against each other.
Ultimately, businesses grapple to make educated, data-driven decisions across their supply chain.

Solution
Comparative benchmarking framework

Clients benefit from a comparative framework to benchmark and compare ESG risks across different business entities, geographies, and industries.

Problem
Poor understanding of risks

For businesses operating in multiple geographies, it gets quite challenging to understand and manage the risks associated with relying on suppliers from different countries.
Additionally, the liabilities linked to suppliers’ industries is not easily accounted for.

Solution
Country/industry-level risks

A country-level risk is assigned by leveraging data from 3rd party sources
(e.g., Corruption Perceptions Index, OECD Countries, ACLED Conflict Index, Global Forest Watch, Environmental Performance Index, World Bank, Human Development Index, World Economic Forum - Global Gender Gap Report 2023..
Furthermore, based on SMEs’ acumen, industries are captured as per GICS.
Next, a level of risk is assigned by leveraging materiality as set out by the SASB standards.

Problem
No tailored ESG reporting

As companies’ needs change, it becomes costly and complicated to tap into tailor-made data reports that enable informed decisions.

Solution
Bespoke reporting

The scope of what gets monitored is tailored by selecting the data points a client wishes to track.
Moreover, the client can also request the integration of additional regulations, standards, frameworks, or conventions.