In today's business world, ESG (environmental, social, and governance) concerns have become a more pressing issue and ESG practices have shifted from being voluntary to becoming mandatory due to new regulations and increasing demands from stakeholders. ESG factors play a significant role in a company's ability to attract investors, secure financing, and maintain long-term viability. Owing to this, the space needs adept consulting services, especially for sectors that are not traditionally associated with ESG concerns. Helping such businesses to establish and implement ESG practices is Credibl, a sustainability consulting & tech company from San Francisco Bay Area, California.
Headquartered in the US, Credibl is envisioned by Jitesh Shetty, Co-founder and CEO, along with Sushil Choudhari and Parth Patil. Its presence extends across various locations including Dubai, Riyadh, Pune, and Mumbai. The company aims to guide organizations toward their sustainability goals by helping them measure, manage, and report ESG data more effectively.
Differentiating Factors
As a leading ESG consulting expert, the firm provides in-depth gap assessment for pinpointing areas for improvement, AI-powered ESG benchmarking with industry peers, and materiality assessment to identify and prioritize the most significant ESG issues. Credibl also helps organizations define the desired outcome, develop a roadmap aligning with business goals, adopt a suitable framework or standard, and implement specific initiatives to achieve ESG goals.
Credibl stands out with its niche approach of delivering expert-led consulting services enhanced with a digital platform for data aggregation and assistance in addressing data quality gaps. The firm's focused technology capabilities and understanding of consumer pain points make it the preferred choice of service provider in this landscape. Credibl employs a digital-first approach, optimizing its consulting and advisory services through its digital platform. It utilizes Generative AI and LLMs to facilitate peer benchmarking, materiality matrix, automated data collection, end-to-end ESG management, and reporting, with advanced goal-setting and program management.
Credibl's ultimate goal is to facilitate regulatory compliance, improve customers' ESG posture, and positively impact their revenue, stock value, and investor relationship management. The backbone of the firm is its team of highly experienced professionals who help various businesses develop a holistic and high-impact sustainability approach by integrating meaningful ESG principles. Using its digital platform, the company assists customers in adopting and complying with widely recognized standard frameworks such as GRI, BRSR, UNSDGs, TCFD, ESRS, CSRD, and more.
Credibl aims to guide organizations toward their sustainability goals by helping them measure, manage, & report ESG data more effectively
"Facing today's sustainability challenges, we see a future where ESG solutions are quick and within reach," says Jitesh Shetty. "Our platform equips businesses to master these crucial issues effortlessly, using advanced technology and expert advice at a reasonable cost. We're committed to turning sustainability and decarbonization into a strong business value driver," adds Jitesh.
Credibl ESG platform utilizes cutting-edge technologies across key sustainability reporting pillars. Automated bookkeeping ensures accurate, real-time ESG assessments, while the ESG AI Magic Drive integrates seamless data import, and the AI Data Quality Heat Map pinpoints discrepancies. The Multi-Level Review AI Co-pilot and ESG Virtual Assistant (EVA) expedite review processes with natural language capabilities. AI Peer Benchmarking allows performance comparison against industry leaders. The platform streamlines ESG management, automates reporting, and efficiently manages supply chains by collecting data and assessing Scope 3 emissions.
Under the stewardship of Jitesh Shetty, Credibl plans to expand its customer base both domestically and internationally. At the same time, the firm intends to invest in more advanced and innovative technologies that can help businesses reduce their ESG adoption as well as operational costs.
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