The latest from Greater Than, who are now offering a white label solution for ESG. That could be useful for smaller insurance brands who don’t want to tie up working capital in more compliance equipment, server space, staff, office and other costs. Here’s the word;
Greater Than (GREAT. ST), the global provider of driver crash probability and climate impact intelligence, has launched a new AI-based white label ESG compliance package aimed at helping organizations to meet the mobility aspect of Environmental, Social & Governance (ESG) reporting requirements, including the Corporate Sustainability Reporting Directive (CSRD). A major milestone in ESG reporting, the EU’s CSRD legislation imposes substantial new mandatory social and environmental disclosure rules on companies operating in the EU, as well as those with EU investors and companies that are part of an EU company’s supply chain.
SCORING MATTERS
It’s a fair assumption that regulators will apply ESG scores to companies in the future, once international standards on greenwashing, supply chain miles, reusable/green car parts, batteries, oil disposal and other factors are broadly agreed. Uniquely, Greater Than’s solution quantifies the driver’s influence from both an environmental and safety perspective. By scoring drivers in terms of climate impact and crash probability, and providing a range of mitigation tools, it facilitates traceability, benchmarking, target-setting, and progress tracking, as well as reporting.
Because the AI harmonizes data regardless of location or vehicle type, it makes it easy for organizations to benchmark performance across mixed fleets and quickly pinpoint areas for potential CO2 emissions reductions and driver safety improvements. This enables organizations to fast-track ESG action, alongside longer terms plans, such as investments in new vehicles.
Key features of the new solution include:
- Insights that enable setting of scientific KPIs for safety and sustainability
- Regular performance reports with priority actions to reduce crash risk and climate impact
- Annual ESG report with supply chain traceability across scopes 1, 2, and 3
- “Plug and play” – can be easily integrated with existing platforms and requires no change to solution provider or end users’ current operating processes
Greater Than’s ESG compliance solution is ideal for telematics companies, fleet management providers, motor insurance and mobility firms who want to help their customers meet ESG reporting obligations and achieve Net Zero commitments.
Visit www.greaterthan.eu to learn more.
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