ES3G is a UK-based software company that provides a cloud-based solution to help businesses measure social impact at scale in their supply chains. The company’s platform, which is designed for enterprises, enables the monitoring of factories, farms, mines, and offices by providing real-time feedback from workers via a mobile app. ES3G is revolutionizing transparency for human rights due diligence, providing a low-cost, immediate, and authentic way to measure how workplaces are treating their workers.
Real-Time Feedback from Workers
ES3G’s Social Score System is a rating system based on the views of workers, providing authenticity and transparency to the social performance of any workplace. Workers can download the mobile app, which enables them to report directly on how they are being treated. The app’s simple user interface allows workers to give feedback by swiping left or right, providing ES3G with a vast amount of data, which is then moderated statistically. This approach allows the company to identify potential artificial response patterns, preventing greenwashing attempts.
ESG Measurement in Supply Chains
ES3G’s solution is designed to help importers, such as retailers, monitor their supply chain’s social performance in real-time through a dashboard that displays data for all suppliers in one place. The solution is already live in the supply chains of major European retailers, monitoring conditions in Asian supply chains, such as garment factories in Bangladesh. With the increased demand for transparency and ethical business practices, the ability to provide ESG metrics in real-time across the entire supply chain is a game-changer. ES3G provides a practical solution to the problem of measuring social impact at scale.
Regtech and ESGtech
ES3G falls under the category of Regtech and ESGtech, which is short for Environmental, Social, and Governance Technology. Regtech aims to help businesses meet regulatory compliance requirements through the use of technology. ES3G’s solution is also ESGtech, which focuses on the incorporation of environmental, social, and governance factors into investment analysis, decision-making, and reporting. The company’s technology enables companies to measure and monitor their social impact, addressing one of the most pressing environmental and social issues of our time.
ES3G is an innovative company that provides a unique and essential solution for companies that are committed to transparent and ethical business practices. Their platform has already helped to monitor and improve the working conditions of thousands of workers globally. With the growing demand for transparency and ethical business practices, ES3G is positioned to make a significant impact on the ESG landscape.
Link: https://www.es3g.com/
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