Automated ESG Scoring:
Tracking Global Trade Data & Scoring Activity Against the UN’s Sustainable Development Goals.
The outlook for the coming months looks difficult for UK exporters, especially given the current geopolitical situation. Our projections suggest that there could be a mild uptick during May, however, the June and July forecasts show that exporter counts will flat-line at best; at worst, any May growth will be short-lived.
Since the UN announced the Paris Agreement in 2015, analysts and commentators have discussed the many implications of the underlying aims across global industries. During COP26 at the end of 2021, there was an urgency to maintain momentum as the 2030 deadline looms closer. Time is running short for a solution, and automated ESG scoring technology offers a valuable mechanism for the industry to move forward with an intuitive scoring system that works to help banks and businesses avoid penalties from regulators and manage reputation in a true and objective way.
In essence, any resolution to the problem means moving from punitive solutions to ones that “nudge” behaviours. This resolution means taking our aspirations and goals to deliverable and measurable actions. In essence, the UN has outlined exactly ‘What’ we need to measure to become globally sustainable and has given us guidelines from which we can map all ESG (Environmental, Social & Governance) activity.
