CRIF, a provider of digital transformation solutions, is set to introduce its ESG audit solution, Synesgy, to businesses in the UK.
Currently utilized by 250,000 companies across more than 60 countries—including 350 banks and insurers—Synesgy is designed to assist organizations in meeting escalating sustainability demands within their supply chains. The solution is aligned with the United Nations’ 2030 Agenda for Sustainable Development and enables companies to assess and enhance complex scope 3 emissions by evaluating the sustainability ratings of their business partners.
Synesgy empowers businesses to measure and benchmark their supply chain performance, informing procurement strategies, mitigating operational and reputational risks, and enhancing transparency regarding ESG ratings.
According to EY, the investments held by the UK’s largest banks and investors contribute an annual emission of 805 million tonnes of carbon, nearly twice the UK’s domestic output.
Commenting on the launch of Synesgy, Sara Costantini, CRIF’s regional director for the UK and Ireland, stated, “Climate change is the defining challenge of our time, and it is imperative that everyone contributes to safeguarding our planet for future generations. This responsibility extends to businesses. As consumers increasingly seek out companies committed to positive impact, it is essential for organizations to understand their own ESG performance as well as that of their entire supply chain.”
Costantini further emphasized CRIF’s mission: “Our aim is to assist businesses in navigating the complexities of ESG by leveraging data and insights. By doing so, we empower more organizations to integrate ESG principles into their core operations and contribute to a more sustainable future.”