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ESGENDIUM – Implementation of ESG

259 Since 2 years

Description

ESG (environment, social and governance) is the major trend of the 21st century. It affects every business, regardless of size, location or industry because it is not a good thing but a necessity. Each company must implement the ESG criteria stipulated by the EU. Companies that fail to do so will certainly go bankrupt in the medium to long term. Today, ESGendium helps companies understand and implement these ESG criteria cheaper, easier and faster than any other solution.

ESGendium is an easy-to-use SaaS platform that enables SMEs to understand and implement ESG criteria in the easiest way possible. Unlike other available solutions, ESGendium aims to provide SMEs with a holistic view of the entire ESG spectrum, as it is not only about environmental topics such as carbon footprint (Co2), but also aspects social and governance.

It is particularly aimed at SMEs because, unlike large companies, SMEs do not have the financial means to hire expensive ESG experts, who cost between 1 and 000 euros per day. As SMEs are very cost sensitive, they depend on a solution that addresses their specific problems and does not cost a small fortune. Most solutions target either large enterprises or enterprises of all sizes (one size fits all). ESGendium, on the other hand, is only aimed at two types of SMEs:

1. SMEs that have little or no understanding of ESG. These SMEs need guidance from the start. They don't want to feel lost and have a better understanding of the overall ESG picture.

2. SMEs who have already started to take an interest in ESG and now need software that helps them collect and manage their ESG data in a well-organized and easy-to-use way.

Once SMEs have established their initial ESG setup with ESGendium, it enables them to implement national and international frameworks such as UN-SDG (United Nations Sustainable Development Goals), GRI (Global Reporting Initiative) or the DNK (Deutscher Nachhaltigkeitskodex), which is very relevant because the implementation of these frameworks is required by almost all stakeholders.

ESGendium basically helps SMEs to understand a very complex subject and allows them to take ownership of such an important issue. As the old saying goes, "Don't give a man a fish, teach him to fish." That's basically our version of the quote when it comes to ESG.

 

 

Intervention zone

Germany

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