Accenture has made a strategic investment in pulsESG, a public benefit corporation dedicated to empowering purpose-driven enterprises to manage and improve their environmental, social, and governance (ESG) footprint.
Co-founded by Murat Sönmez and Inderjeet Singh, pulsESG provides organizations with a flexible and integrated software as a service (SaaS) platform with both internal data sources and external investor-facing systems to define, measure, and report on organizational ESG performance and address issues around ESG data quality and timelines.
pulsESG is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and early investment program that connects emerging technology software start-ups with the global 2000 to fill strategic innovation gaps.
This move builds on Accenture’s broader sustainability initiatives with a variety of clients, strategic alliance partners and other international organizations, including early-stage investments in key technologies and services that create value for clients, as sustainability remains on the forefront of top priorities for stakeholders.
Peter Lacy, global sustainability services lead, global management committee member and chief responsibility officer at Accenture, said: “We believe that every business must be a sustainable business and that fundamentally changes how companies report and disclose financial data. Now, the next step is to deliver on this opportunity to unlock the full value from, and impact of, measuring and managing for sustainability. We look forward to bringing the capabilities from this strategic investment to our clients, alliances, and partners to help improve ESG measurement and performance with greater transparency and assurance being sought across stakeholders.”
Murat Sönmez, CEO and co-founder of pulsESG, said: “With a shift toward real-time ESG reporting becoming standard practice for companies worldwide, we designed this platform to be the ultimate system of record for ESG – one that has the flexibility and modularity required of today’s rapidly transitioning regulatory landscape. This investment from Accenture will allow us to scale our platform to new heights as clients navigate the inherent fluidity in ESG analysis.”