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Key Benefits & Target Indicators
50% of investment
by 2025
Studies showing that ESG investments are projected to represent half of US-managed investments in the coming year.
78% of consumers
esteem ESG
Businesses that disclose their sustainability practices enhance their brand reputation, as most consumers favor eco-friendly brands when purchasing.
64% of millennials
value sustainability
Companies committed to ESG principles are more attractive to potential employees, with young professionals stating they would not work for an employer without a strong CSR policy.
Improved
compliance
As governments tighten regulations around sustainability and corporate governance, effective ESG reporting helps companies stay ahead of compliance requirements.
ESG data platform for carbon accounting
ESG data platform for carbon accounting
Challenge:
Concept 4, a global sourcing company, faced increasing demand for ESG transparency from its 45 clients, necessitating the automation of their carbon accounting processes.
Solution:
PALO IT developed an ESG data platform to automate carbon accounting and provide a 360° view of performance aligned with Science Based Targets initiative (SBTi).
5.6K tons
Of actionable carbon reduction identified: Clearing a path for significant carbon reductions within Concept 4's operations and supply chain.
350+
Supplier contracts transformed: Improving supplier relationships, and enabling better alignment with sustainability goals.
2,500+
Products forecasted in carbon emissions: Providing clients with detailed insights into emissions related to product lifecycle management.
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