RICO by Fairlyst provides an AI‑assisted platform that transforms sustainability documents, utility bills, invoices, and supplier records into structured ESG datasets and emissions calculations. The system attaches source references, incorporates human review gates, and generates audit‑friendly evidence packs aligned with frameworks such as GHG Protocol, IFRS S1/S2, GRI, SASB, TCFD, and ESRS, streamlining global ESG reporting workflows for corporate teams.
Funding
Funding not disclosed
Founders
Product
Problem
Companies face fragmented ESG data spread across sustainability reports, utility bills, invoices, and supplier records, making it difficult to create structured, auditable emissions datasets that align with standards such as the GHG Protocol, IFRS S1/S2, and TCFD.
Solution
RICO by Fairlyst provides an AI‑assisted platform that ingests a wide range of ESG source documents and automatically extracts relevant emissions fields while preserving source references. The extracted data are organized into structured ESG records and linked to human‑review approval gates, creating a traceable audit trail. Built‑in calculation modules capture inputs, units, formulas, factor references, and timestamps, supporting Scope 1, Scope 2, and selected Scope 3 emissions calculations. The platform maps the resulting evidence to multiple reporting frameworks (GHG Protocol, IFRS S1/S2, GRI, SASB, TCFD‑informed, ESRS) and generates exportable, audit‑friendly evidence packs for internal review and external disclosure. Optional integrations with ERP, finance, procurement, utility, and data‑warehouse systems enable end‑to‑end data flow for global ESG reporting teams.
Target Audience
RICO targets ESG reporting teams within corporations, sustainability consultants, and advisors who need to consolidate and validate emissions data across multiple entities, facilities, and reporting frameworks.
Features
- AI‑driven extraction of ESG fields from PDFs, invoices, utility data, supplier documents, and other operational files
- Source‑linked review history with timestamps, comments, and change logs for full traceability
- Structured calculation records that capture inputs, formulas, factor references, and output values for Scope 1, Scope 2, and selected Scope 3
- Framework mapping to GHG Protocol, IFRS S1/S2, GRI, SASB, TCFD‑informed, and ESRS workflows
- Export of audit‑friendly evidence packs for disclosure preparation and regulator review
- Human approval gates and correction workflows to ensure data quality before reporting
- Integration options for ERP, finance, procurement, utility, HR, and data‑warehouse systems
- Natural‑language query interface (“Ask RICO”) for dataset exploration in higher‑tier plans