As ESG reporting goes up the agenda for large companies, it’s also increasingly doing so for smaller companies as well. But right now, tracking things like your company’s CO2 emissions is mainly the preserve of large corporations. Now a startup hopes to address this.
Diginex Solutions has a self-guided tool which claims to generate ESG reports six times faster than competitors, and comes in at a relatively affordable $99 per month.
The blockchain-enabled reporting tool also generates reports, giving companies the ability to demonstrate their ESG creds.
DiginexESG is certified by the GRI, an international independent standards organization, and now operates in the U.S., U.K., Luxembourg, Hong Kong, Singapore and Chile. It is currently raising venture backing largely from strategic corporate investors.
Competitors include Turnkey Group, Nasdaq OneReport, Enablon (which has raised $15 million) and World-favour.
Mark Blick, CEO at Diginex Solutions said, “The current landscape of ESG reporting is challenging for many organizations — particularly SMEs — requiring huge consultancy fees, time and resources that distracts from day-to-day activity. The DiginexESG platform quite simply takes away those challenges and does all the heavy lifting for them. It’s like DocuSign, Dropbox, TurboTax or Slack hardcoded for ESG reporting.”