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Esgrid and Mitigate ESG Platform announce integration to offer a powerful ESG reporting suite

ESG, Egrid and Mitigate cooperation

Photo: Trade with Estonia 

Mitigate ESG Platform and Estonian sustainabily platform Esgrid have announced an integration between the two ESG reporting solutions, fusing the strengths of Esgrid’s supply chain sustainability management with Mitigate’s expertise in internal ESG reporting.

The integration stands out in the sustainability software sector by being the first to offer a reporting suite for the tens of thousands of midcap companies across the EU that are required to report their ESG impact under CSRD, and for whom enterprise-grade solutions aren’t suitable.

“The sustainability management software market is rapidly developing, and we believe in fostering strong partnerships between specialised solutions. Our cooperation with Mitigate marks the first step toward integrating Esgrid’s powerful supply chain sustainability management capabilities into a full-scale ESG reporting tool, providing customers with an end-to-end solution,” said Oksana Tolmatšova, CEO of Esgrid.

Mitigate ESG Platform focuses on CSRD and ESRS reporting, enabling companies to complete their double materiality analysis, collect and store data for ESG reporting purposes, and automate report generation, including the creation of iXBLR reports. Esgrid focuses on the complex aspect of managing companies’ value chain ESG impact, which makes up 80% of the total environmental and social impact. Esgrid helps companies automate value chain ESG data collection, analytics and reporting, and supplier engagement.

Mitigate´s and Esgrid´s cooperation makes ESG reporting easier

“At Mitigate, we understand the complex demands of ESG reporting within the value chain. Our partnership with Esgrid reflects our shared goal to help companies deeply analyse their value chains through sophisticated data collection and analytics. While our platform is strong in ESG reporting and automation, Esgrid’s expertise in managing value chain sustainability enhances our ability to support companies across Europe,” noted Arvis Zeile, CEO at Mitigage.

First users will start using the integration in January 2025. The integration enables sustainability managers to easily combine ESG data from internal and value chain sources, unlocking full-scope regulation-compliant reporting. Users can use each of the platforms individually, while automatically sending value chain data and reports from Esgrid to Mitigate.

GOOD TO KNOW

  • Esgrid delivers supply sustainability management solutions for midcap 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.
  • Esgrid today serves a variety of traditional large enterprises, technology companies and financial institutions across Europe, including 4 stock-listed companies.
  • Founded in 2023 in Estonia, Esgrid’s investors include Lemonade Stand, Startup Wise Guys, EstBAN, and early employees of Pipedrive and Wise.
  • Mitigate has been a technology company for over 13 years, and in recent years expanded the portfolio to include an ESG reporting platform.
  • Mitigate´s platform offers reliable compliance, cost savings, and AI tools that help companies quickly prepare their disclosure information for ESG reporting.

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