Estonian sustainability platform Esgrid welcomes print on-demand company Printify as its strategic customer and enters Latvia. This marks a significant step in Esgrid’s mission to help enterprises and financial institutions manage supply chain sustainability.
Latvia is an important market for the company because many businesses face the same challenges as those in Estonia: managing supply chain sustainability is a relatively new responsibility, and most companies lack the tools to do it well. By partnering with Printify, Esgrid is making its mark in Latvia and showing how supply chain sustainability can be transformed from a complex challenge into a straightforward process.
“We’re thrilled to support Printify in driving positive change across their supply chain. Together, we want to show that reducing environmental and social impacts doesn’t have to be complicated – digital tools can make it faster and more effective,” said Oksana Tolmatšova, Esgrid’s CEO.
“This partnership also marks an exciting moment for Esgrid as we officially launch in Latvia. We’re excited to work with more Latvian businesses to simplify their sustainability efforts,” added Tolmatšova.
Printify is a print-on-demand service. Printify connects eCommerce store owners with a network of Print Providers around the world, and automates all processes that are involved: order processing, fulfillment, and delivery.
Esgrid was founded in 2023 to solve a substantial problem: while most of a company’s ESG (Environmental, Social, and Governance) impact comes from its supply chain, managing it has traditionally been expensive, manual, and time-consuming. Most sustainability tools focus on internal operations, leaving businesses to struggle with supply chain management.
Esgrid automates ESG reporting
The company changes that by automating everything from collecting ESG data to analysing it, engaging suppliers, and generating reports. The platform also ensures businesses are prepared for regulatory demands, thanks to a partnership with Cobalt Legal.
“This partnership (with Printify) also marks an exciting moment for Esgrid as we officially launch in Latvia.”
Oksana Tolmatšova, CEO of Esgrid
In addition to building its platform, Esgrid is working to spotlight sustainability leaders in the Baltics. This October, the company teamed up with Cobalt Legal and Impact Day to present the first Best Sustainability Manager in the Baltics award. The winner, Katrin Bats from Rimi, was recognised alongside finalists from Riga Airport, IKI Lietuva, and Balticovo. In November, Esgrid itself was awarded the Special Prize for Process at the Baltic Sustainability Awards in recognition of its work improving the sustainability of supply chains.
GOOD TO KNOW
- Esgrid delivers value chain sustainability management solutions for large enterprises and financial institutions. The platform enables sustainability managers to evaluate, manage, report, and improve the sustainability of their value chains while ensuring compliance with ESG standards.
- In May Esgrid received half a million euros from investors. The company’s investors include Lemonde Stand, Startup Wise Guys, EstBAN, and early employees of Pipedrive and Wise.
- Esgrid won a €150,000 syndicate investment award from EstBAN at sTARTUp Day in January 2024.
- The company’s four founders, Oksana Tolmatšova, Katrin Isotamm, Ott Ilves, and Jevgeni Bogatõrjov, bring extensive experience from companies like Swedbank, Telia, Katana, and Pipedrive.
- Esgrid serves primarily midcap enterprise customers and financial institutions across Europe like Printify, Utilitas, TKM Group, Fjord Bank and Ibis Hotel.
Are you interested in trading with Estonia? Enterprise Estonia is providing sourcing service for foreign enterprises. Contact Estonian export advisors or use our free e-consulting service to start trade with Estonia.