Climate catastrophe is the reality! So is ESG (environment, social and governance strategy) as an integrated business practice. Needless to say, corporations not adhering to CSR and ESG are not only facing backlash from their customers, but also from investors who are looking for long-term engagement. Today, stakeholders eye at better ESG effort and tightened regulations. Moreover a consumer of present time expects companies to be proactively taking actions that demonstrates their attentiveness to sustainability and responsibility. Companies are increasingly swaying to technology and innovation to integrate sustainable change in their strategy that is beneficial for business, society and the planet. SmartLabs, with its trust-based verification and certification platform, helps you stay on top of your ESG strategy.
The past 2 years with the Covid-19 crisis taught us the importance of sustainability. We saw our governments struggling to keep the economy stable and protect the health and well-being of its citizens. It unveiled the alarming global inequality situation as most countries that were hit severely and recovered slowly were poor countries.Two years of a pandemic has not just altered our way of living but also our way of running a corporation. The significance of resilience and sustainability was never felt this important.
While the world is adapting to the new way of living, there is an increasing need for businesses and investors to take up the moral authority to inspire and reshape the world. The need to rethink traditional processes was never felt this important. Present investors are looking for value in intangible aspects like moral values, trust, transparency, sustainability and governance. Hard truth is, with constantly changing reporting requirements, businesses with honest intentions are even struggling to build a good ESG report and gain the trust of investors.
VERTified is a Blockchain and AI-based certification mechanism that pairs your sustainability goals with the United Nations Sustainable Development Goals (SDGs) and uses the SDG indicators for measurement. The platform provides a framework to evaluate your ESG performance and even strategies a strong ESG strategy.
VERTified does not only measure your individual actions that account for sustainable actions but converts all your sustainability data into an index, and shows the overall impact of your actions on environment, social and governance (ESG) matters.
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VERTified visualizes your sustainability data into dashboards that can be shared with all your stakeholders and used in daily communication. Thus, bringing transparency into your sustainability efforts, further building trust among shareholders and investors.
VERTified tracks the progress of your goals by analyzing various data points and pushes you to stay on top of your ESG strategy with constant insights. This will help you adapt to changing regulations more efficiently while making sure you work on a tangible and practical plan that achieves real results.