EcoRatings Launches AI-Powered ESG Platform At COP28, Paving The Way For Sustainable Consumer Choices
EcoRatings, an AI-powered platform focusing on ESG ratings for products and services, celebrated its global launch at the 28th United Nations Conference of Parties (COP28) in the UAE. The platform aims to empower individuals, businesses, and governments by providing comprehensive ratings based on the United Nations 17 Sustainable Development Goals (SDGs) framework, incorporating 200+ sub-indicators.
Designed as an AI-focused solution, EcoRatings utilises a data-driven approach, incorporating a vast data warehouse and AI models aligned with the Sustainable Development Goals assessment framework. This enables the platform to offer ratings for all categories of products and services. The key objective is to provide buyers with immediate visibility into the sustainability of their choices, facilitating informed and environmentally responsible decisions.
The platform”s unique feature is its ability to make sustainability ratings visible to consumers at point-of-sale platforms, allowing for real-time decision-making that aligns with their values and preferences. By combining web scraping, satellite imagery, and third-party verified data, EcoRatings ensures the authenticity of its ratings, enhancing transparency in the supply chain.
EcoRatings aims to streamline sustainable decision-making for consumers and businesses, enabling companies to comprehensively map their scope 3 emissions. The platform”s AI-led capabilities assist businesses in navigating their supply chain and making informed decisions, emphasising vendors who adhere to sustainable practices.
The launch of EcoRatings at COP28 underscores its commitment to the United Nations Sustainable Development Goals, positioning itself as a global solution for ESG ratings. With partnerships established across diverse industries, including healthcare, personal hygiene, fashion, food and beverage, and paper & printing, EcoRatings aims to be a catalyst for positive change and contribute significantly to global challenges to sustainability and climate action.
EcoRatings” global launch at COP28 marks a significant step towards promoting sustainability and environmental responsibility in various sectors. The platform”s commitment to aligning with the United Nations Sustainable Development Goals (SDGs) and providing comprehensive ESG ratings demonstrates its dedication to positive global impact. By empowering individuals, businesses, and governments, EcoRatings aims to reshape decision-making processes, offering immediate visibility into the sustainability of choices. The platform”s innovative use of AI, data-driven models, and real-time visibility at point-of-sale platforms contribute to a transparent and environmentally conscious supply chain.
EcoRatings” role as a catalyst for positive change is evident in its partnerships across diverse industries, ranging from healthcare and personal hygiene to fashion, food and beverage, and paper & printing. The platform”s focus on mapping scope 3 emissions and encouraging sustainable practices among vendors underscores its commitment to addressing global challenges to sustainability and climate action. As EcoRatings establishes itself as a global solution for ESG ratings, its potential impact on driving positive change and contributing to a more sustainable future is substantial.
