Harnessing AI for Sustainable Business Transformation: Impak Analytics’ Innovative Corporate Offering

July 9, 2023
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Key Takeaways:

  1. Impact intelligence leader, Impak Analytics, unveils a suite of corporate offerings, including the impak Statement™, Double Materiality module, and Supply Chain SDG Alignment module.
  2. These offerings comply with 20 established materiality standards, such as GRI and SASB.
  3. The impak solutions enable robust risk management, contextualized impact data, and actionable insights, thus setting the stage for improved corporate sustainability.
  4. These products aid companies in navigating their transition towards sustainability and creating a positive societal impact.

About Impak Analytics: Fostering Sustainable Change

Impak Analytics stands tall in the landscape of fintech firms, leveraging AI to develop a comprehensive impact data and intelligence platform. The firm’s goal is to offer solutions for impact assessment, scoring, and rating, thereby driving sustainable transformations in businesses across the globe.

Impak Analytics’ Innovative Corporate Offerings: Catalyzing Impact Intelligence

Impak Analytics has carved out an innovative path in impact intelligence with the launch of the impak Statement™, Double Materiality module, and the Supply Chain SDG Alignment module.

The impak Statement™ encompasses quantitative and qualitative evaluations of a company’s impacts – both positive and negative – on the Sustainable Development Goals (SDGs). It also provides contextualized impact Key Performance Indicators (KPIs) based on a double materiality approach. This is instrumental in strengthening risk management and equipping corporations for future Corporate Sustainability Reporting Directive (CSRD) requirements.

The Double Materiality module is a significant addition, offering insights into the level of materiality of each Environmental, Social, and Governance (ESG) issue that a business encounters. This information is critical in preparing corporations for the forthcoming CSRD requirements.

Lastly, the Supply Chain SDG Alignment module presents a consolidated perspective of a company’s supply chain’s positive and negative SDG alignments. This information is paramount in charting a course towards enhanced sustainability.

In the words of Paul Allard, CEO and Co-founder of Impak Analytics, “Launching this offering to corporations aims to provide companies with impact intelligence in order for them to implement their supply chain transition plan, which is crucial to the transition and to the companies’ sustainability goals.”

Impak Analytics’ innovative tools, grounded in AI and impact intelligence, are set to transform how corporations approach sustainability. By offering in-depth, actionable insights into a company’s impacts and risks, they equip businesses with the knowledge to navigate a path towards a more sustainable and positive future.

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