Creditinfo, a global credit bureau and information services group, and Esgrid, a value chain sustainability platform, have joined forces to create ESG Hub, a centralised ESG data registry for the Baltic region.
The platform is designed to simplify how businesses collect, analyse, and share Environmental, Social, and Governance (ESG) data—bridging the gap between rising sustainability demands and the practical challenges companies face in meeting them.
“Access to ESG data is critical for sustainable financing and procurement. Our collaboration with Creditinfo delivers a solution that significantly reduces bureaucracy and enhances companies’ competitiveness on both regional and international levels,” Oksana Tolmatshova, Co-Founder and CEO of Esgrid emphasised the practical value of the new platform.
“By combining our expertise in trusted data management with ESG-focused solutions, we’re equipping businesses and financial institutions to operate more responsibly and transition to sustainable business models.”
Nele Roostalu, Product Development Manager at Creditinfo
At present, ESG data remains fragmented, with no unified standard in place, complicating efforts for businesses and financial institutions alike. ESG Hub will address this gap by providing a comprehensive, single-source platform that combines quantitative and qualitative ESG insights. This will empower financiers and investors to make more transparent decisions while considering the environmental, social, and governance impacts of the companies they engage with.
ESG Hub set to launch its first phase in early 2025
Nele Roostalu, Product Development Manager at Creditinfo, highlighted the timeliness of the initiative: “Integrating ESG metrics into the Baltic market is an essential step forward. By combining our expertise in trusted data management with ESG-focused solutions, we’re equipping businesses and financial institutions to operate more responsibly and transition to sustainable business models.”
Creditinfo will contribute its robust data collection capabilities by aggregating information from public and private registries, while Esgrid will work closely with businesses to capture and verify missing ESG data. Together, the partnership promises an end-to-end solution for ESG visibility and compliance.
Creditinfo is a global credit bureau and information services group operating in over 30 countries. The company provides credit reporting, risk management, and decision-making tools to businesses, empowering them with reliable insights to make informed decisions and foster economic growth.
“For over 30 years, we’ve empowered companies to make smarter business decisions. ESG data represents the next leap, enabling actionable solutions to promote sustainability,” added Elari Tammenurm, Managing Director of Creditinfo Estonia.
ESG Hub is already in development, with the first phase set to roll out by the end of Q1 2025. This will include tools to help Baltic companies organise and share their ESG data.
GOOD TO KNOW
- Esgrid delivers value chain sustainability management solutions for large enterprises and financial institutions.
- The platform enables sustainability leaders to evaluate, manage, report, and improve the sustainability of their value chains while ensuring compliance with ESG standards.
- Founded in 2023, Esgrid’s investors include Lemonde Stand, Startup Wise Guys, EstBAN, and early employees of Pipedrive and Wise.
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