Greater Than launches AI-based ESG compliance package
Greater Than, a company that leverages AI to provide driver crash probability and climate impact intelligence for organizations, has launched a new AI-based white label ESG compliance package aimed at helping organizations to meet the mobility aspect of Environmental, Social & Governance (ESG) reporting requirements, including the Corporate Sustainability Reporting Directive (CSRD). This comprehensive solution integrates AI technology to provide insights and recommendations that organizations can use to enhance their ESG practices, reduce their environmental impact, and promote sustainable mobility.
A major milestone in ESG reporting, the EU’s CSRD legislation imposes substantial new mandatory social and environmental disclosure rules on companies operating in the EU, as well as those with EU investors and companies that are part of an EU company’s supply chain.
“CSRD is a pivotal regulation in ESG reporting, in that it standardizes the environmental and social information that companies must report on, and broadens the scope of companies required to report,” said Liselott Johansson, CEO of Greater Than. “Our ESG compliance package provides a comprehensive solution. It uses the power of AI to enable companies anywhere in the world to measure, act, and report on their mobility impact using only their existing data.”
Uniquely, Greater Than’s solution quantifies the driver’s influence from both an environmental and safety perspective. By scoring drivers in terms of climate impact and crash probability, it facilitates traceability, benchmarking, target-setting, and progress tracking. It also provides a range of mitigation tools, as well as reporting.
The AI harmonizes data regardless of location or vehicle type. It makes it easy for organizations to benchmark performance across mixed fleets. This allows them to quickly pinpoint areas for potential CO2 emissions reductions and driver safety improvements. This enables organizations to fast-track ESG action, alongside longer terms plans, such as investments in new vehicles.
Key features of the new solution include:
- Insights that enable setting of scientific KPIs for safety and sustainability
- Regular performance reports with priority actions to reduce crash risk and climate impact
- Annual ESG report with supply chain traceability across scopes 1, 2, and 3
- “Plug and play” – can be easily integrated with existing platforms and requires no change to solution provider or end users’ current operating processes
Greater Than’s ESG compliance package leverages artificial intelligence (AI) to convert data into driver impact intelligence. This intelligence is traceable and audit ready. Greater Than can share source data with via an API connection, requiring no additional technology. For existing customers, a simple activation is all that’s needed.
The developers showcased the globally unique pattern-based AI technology at the United Nations’ Climate Change Conference, COP28, in December 2023. Greater Than joined its partner and global governing body for motor sports, the Federation Internationale de l’Automobile (FIA), in the Blue Zone throughout the conference. Greater Than’s AI is endorsed by the Swedish Energy Agency and supported by the EU. Additionally, the WWF Climate Solver awarded it for its potential to influence global CO2 savings using the GHG protocol.
“Greater Than enables organizations to ‘see the future’ today and, with that, we’re proud that our globally recognized AI is supporting our stakeholders to launch their own solutions that predict companies’ impact on the planet,” added Liselott. “Reducing negative climate and societal activity has never been so important for businesses. We commit to empowering our customers with AI-driven insights to fulfill global ESG reporting requirements in mobility and accelerate positive change.”
Greater Than’s ESG compliance solution is ideal for telematics companies, fleet management providers, motor insurance, and mobility firms. They want to help their customers meet ESG reporting obligations and achieve Net Zero commitments.
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