Through Accenture Ventures, Accenture has strategically invested in pulsESG, Inc., a public benefit corporation that helps purpose-driven businesses better manage their environmental, social, and governance (ESG) footprints.
PulsESG is the newest company to join Accenture Ventures’ Project Spotlight, an engagement and early investment programme that links emerging technology software startups with the Global 2000 to fill strategic innovation gaps. The programme is funded by $10 million in earlier
According to Accenture’s chief responsibility officer and global lead for sustainability services, Peter Lacy, they think that every company should be sustainable, and that fundamentally alters how businesses report and disclose financial data. The next step is to take advantage of this chance to fully realise the benefits and effects of measuring and managing for sustainability. She also added that they are looking forward to providing the skills from this strategic investment to their clients, alliances, and partners to help improve ESG assessment and performance with greater transparency and confidence being demanded by stakeholders
Murat Sönmez and Inderjeet Singh, two Silicon Valley enterprise software veterans, co-founded pulsESG, a flexible and integrated software as a service (SaaS) platform that enables organisations to define, measure, and report on organisational ESG performance and address issues with ESG data quality and timeliness.
Sönmez, CEO and co-founder of pulsESG, continued, with a shift toward real-time ESG reporting becoming standard practise for companies worldwide, they designed this platform to be the ultimate system of record for ESG – one that has the flexibility and modularity required of today’s rapidly changing regulatory landscape. Accenture’s investment will enable them to grow their platform to new heights as clients traverse the ESG analyses’ inherent fluidity.
Although still in its early stages, the platform has been created to enhance the quality of ESG data collection and integration across the organisation, among other things by fusing the strength of the many support and specialised software players with the dashboards and services of significant ecosystem and alliance partners. With features like model-driven architecture and an end-to-end workflow engine, according to Singh, president and co-founder of pulsESG, they give a new level of knowledge that enables updates depending on changes in stakeholder needs and the ESG regulatory landscape.
Tom Lounibos, managing director of Accenture Ventures, stated that their investment in pulsESG not only demonstrates their dedication to scaling new technologies that help their clients overcome significant business challenges, but it also strengthens their conviction in the value of utilising innovation for social good. They are delighted to collaborate with pulsESG and promote its offerings and value to all of their clients and ecosystem partners.
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