Experion Technologies has announced a strategic alliance with ESG Playbook to redefine the ESG reporting landscape.
This collaboration aims to provide advanced solutions to address the evolving landscape of sustainability, risk management, and regulatory compliance.
It will enable businesses to stay ahead in embracing sustainability. By integrating Experion’s product engineering expertise with ESG Playbook’s comprehensive reporting platform, the collaboration will streamline the ESG reporting process, making it easier for companies to showcase their commitment to responsible and ethical practices.
This will not only enhance operational efficiency but also foster a positive impact on both the environment and their financial performance.
Speaking on the news, Sonia Zugel, CEO and Founder of ESG Playbook stated, “We are delighted to embark on this strategic partnership with Experion Technologies — their in-depth product engineering knowledge, coupled with a profound understanding of our product’s functionalities, provides us with a distinctive edge in implementing solutions for our customers, bolstering our confidence in this collaboration. Furthermore, Experion’s recent investments in skilled professionals within this domain solidify them as the ideal partner for us and a premier service provider for our valued customer.”
With over 95% of the world’s largest companies now publishing sustainability reports, there is a clear recognition of the financial impact of ESG factors on investment decisions and corporate compliance.
Morgan Stanley recently reported that sustainable funds attracted $57bn in inflows in the first half of 2023, predominantly in Europe, bringing total global assets under management (AUM) in sustainable funds to more than $3.1tn by June 2023.
Moreover, a recent McKinsey study highlighted the importance of ESG factors in investment decisions, with approximately 85% of surveyed chief investment officers acknowledging ESG as a critical consideration. Additionally, research by MSCI demonstrates a positive link between high ESG ratings and reduced credit risk, underlining the significant impact of ESG on financial performance.
Both firms are set to bring unparalleled expertise to the union, as they look to redefine the ESG reporting space. Binu Jacob, MD & CEO, Experion Technologies, opened up on the remarkable talents of both companies, remarking, “ESG Playbook is the most comprehensive reporting platform currently on the market as an end-to-end platform where all teams can collaborate by streamlining data collection and reporting of global regulations. The platform collects data through APIs or other traditional forms of interfaces to report on all three scopes as prescribed by regulators. In addition to having engineered the product for ESG Playbook, Experion offers the ability to bring big data onto the platform and incorporate AI to facilitate ESG compliance and the reporting journey seamlessly.”
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