The financial world has the responsibility and power to steer the economy towards one that is climate-friendly, inclusive and sustainable for the long run. While doing so they will not only solve the climate issues but many other bigger challenges the world faces today. The Sustainable Development Goals (SDGs) are achievable when the investor community, the investee and the entire supply chain transforms and becomes long-term focused and sustainable. They have a Purpose, a higher Purpose beyond just making a profit that becomes the core of this transformation for their longterm sustainability and disclose their standardised Transition Plans and updates on their progress & other relevant details at a standardised frequency. The FIs capture them accurately and use them in meaningful ways to measure businesses’ creditworthiness while considering them alongside their financial performances. The FIs comply with all regulations and respond to their own business needs with agility etc.. At the same time, FIs disclose their standardised transition plans and updates on their progress & other relevant details while consolidating required metrics from their portfolio companies' & assets' transition plans & disclosures in a standardised way and frequency. Now in this, we focus on the leading FIs and the large businesses in the real economy who in turn, are responsible for their supply chains and value chains.
As an Organization Transformation & regTech startup, we enable these FIs and large businesses in the real economy to achieve longterm sustainability through a systemic change -
1. Our Organization Transformation methodology "Change thru Movement" results in the entities creating their standardised Transition Plans with variations for leading FIs and Large Businesses in the real economy. It will enable the entities to discover their Purpose, a higher purpose beyond just making a profit, let people see their aspirations towards their purpose and take initiatives, create projects, experiment, innovate, share stories, inspire others and let a movement begin and conditions support. It will shift the culture of the entity away from command and control and value initiatives and experimentation thereby shift the entire culture towards creativity and innovation. The self-initiated projects will deliver towards their Purpose which also means towards one or more SDGs. At a set period say every year it is then key for the entity to declare its targeted relative focus across SDGs upon measuring its actual and having had discovered its ideal already to enable its auditability as well as measure its standardised sectoral impact parameters’ current state, baseline them and set their targets in alignment with their sectoral pathways. Then the constant yield of the impactful and credible projects will bring traction towards the achievement of targets for their standardised sectoral Impact Parameters. The collective impact of the self initiated projects will ideally align with the entity's targeted relative focus across the SDGs and the credibility of the projects and their non-financial outcomes will be ensured through their project governance framework at the entity level. So the FIs and the large businesses in the real economy will have a longterm view and thereby achieve sustainability and these FIs will support the businesses in the real economy (directly or through other underlying FIs) and their journeys by funding them with a longterm view while incorporating the non financial aspects alongside the financial numbers of their performances.
2. We note that ESG metrics can be quantitative or qualitative. We see that leading FIs and large businesses in the real economy (in turn their supply chains and value chains) needed to transform to be able to generate ESG data as their focus was not on these goals maybe as late as the start of Covid-19. For them it is a transformation journey now. While we help them transform for their longterm sustainability using our Change thru Movement methodology and the standardised transition plans with variations for the leading FIs and large businesses in the real economy, we measure the quality of this transition to arrive at the qualitative measurements that become universal and comparable across sectors. The other part of the universal ESG metrics come from the quantitative measurements from the entity's standardised sectoral impact parameters across SDGs and converting them into universal measurements by recognising that entity's total impact towards its one Purpose is equal to the sum of its impacts across SDGs and thus entity declaring its targeted relative focus across SDGs as above. In the case of a leading FI its impact parameters' value consolidates its portfolio companies’ and assets' (which ultimately comes from some real economy companies') standardised impact parameters' data apart from its own and also the FI includes its data on %capital used into its portfolio companies and assets' additionally when calculating its own relative focus across SDGs using our objective process. Also note we consider 16 SDGs, leaving aside the 17th as it is created to support the achievement of other 16.
3. Additionally, we enable the FIs funding the large businesses in the real economy to leverage technology to deliver towards their purpose more powerfully. So we solve the Corporate and Investment bank's own core issues of data silo, challenges in complying with regulations, incorporate non-financial aspects alongside financial numbers in measuring businesses’ creditworthiness, bring more agility in responding to their own business needs etc. through our regTech application "Compliance by Design". The key differentiator is the measurement of credit risk and compliance risk more consistently and discretely using AI that promotes decision-making in an authentic way. It solves the core issue of data silo through an integrated application and also brings consistency in the way ESG data is considered for credit decision-making. Another differentiator is the deployment/transformation that follows the same principles of the "Change thru Movement" methodology using a low code/no code software, thereby making it extremely successful.
Our mission is to create an "ecosystem" that nurtures businesses to thrive, grow and become sustainable for the future.
03. Organisation's purpose
Sep 1, 2018