Esgrid provides a supply chain ESG platform that automates data collection and analysis through regulation-compliant assessments, achieving an 84% response rate and significantly reducing manual effort. The platform lowers ESG compliance costs by 90% and improves assessment completion rates, saving companies over 200 working hours and tens of thousands of euros annually.
Funding
$540K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EFounders
Product
Problem
Many companies struggle with the complexities of supply chain ESG (Environmental, Social, and Governance) compliance, facing challenges in data collection, analysis, and staying up-to-date with evolving regulations. Traditional methods relying on spreadsheets and manual processes result in low response rates, high costs, and inefficient workflows.
Solution
Esgrid provides a supply chain ESG platform that automates data collection and analysis to streamline compliance efforts. The platform offers regulation-compliant assessments aligned with CSRD and ESRS standards, ensuring businesses remain current with evolving requirements. By automating key processes, Esgrid helps companies achieve significantly higher response rates from suppliers, reduce manual effort, and lower overall ESG compliance costs. The platform also includes features like a sustainability co-pilot, reminder systems, and in-app support to guide users through the assessment process.
Target Audience
Esgrid primarily targets companies seeking to improve their supply chain ESG compliance, including sustainability managers, procurement teams, and organizations subject to CSRD and ESRS reporting requirements.
Features
- CSRD and ESRS-aligned assessment methodology, updated by a dedicated legal team
- Automated data collection with an intuitive UI, achieving an 84% response rate
- Integrated reminder system to prompt respondents to complete assessments
- In-app Sustainability Copilot and support team to assist with questions and guidance
- One-click ESG assessment report generation for detailed overview of results
- Analytical dashboards and filtering options for in-depth data exploration
- Response verification feature to ensure data accuracy and provide an audit trail
- Multi-language assessment forms
- Granular data export