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X-Ray

Announcement Of ESG GPS X-Ray Strategic Business Intelligence Tool by Risk Insights

17 January 2022

Risk Insights in an established data science company since 2009. Two years ago, Risk Insights launched an AI-powered ESG rating tool – ESG GPS to major markets in Africa.  ESG GPS provides ESG ratings for all listed companies on several African Exchanges. It examines sustainability related information based on disclosure of critical Environmental, Social and Governance factors and measures this against financial performance over a central tendency.  Leveraging off AI-powered capabilities of the ESG GPS tool, we are pleased to announce launch ESG GPS visualized strategic business intelligence tool ESG GPS X-Ray for South Africa, Nigeria, and Kenya.  Another  AI-powered innovative tool built by Africans for Africans.

 ESG GPS X-Ray reports the ESG related materiality factors which companies disclose.  This strategic business intelligence tool assists financial institutions, asset managers, policy makers and all stakeholders to ESG GPS X-Ray or see through into company ESG disclosure and sustainability strategies.  We at Risk Insights are very proud to provide a tool that can support and compliment the disclosure guidelines initiative of the Johannesburg Stock Exchange announced a few weeks ago to position South Africa and our continent towards carbon neutrality in an effective, consistent and transparent manner. 
 
A few visual insights from ESG GPS X-Ray for the South African listed companies:
•  Only 35% of the JSE Listed companies report on its water usage;
•  Total reported emissions by listed companies in South Africa stands at 188, 267 246 tCO2e (Scope 1/2/3) with only 43% of listed companies reporting on emissions;
•  Only 12% of listed companies have a Level 1 BEE contribution status;
•  Average number of board members for listed companies in South Africa is 9.8 members.

ESG GPS  has a rich rating database can be drilled down to over 200 variables in the ESG reporting per company, per sector and for the total market.
 
For more information contact:

Mr. Andrey Bogdanov       -    andrey@riskinsights.co.za
Dr. Abuobayda Shabat     -    abuobayda@riskinsights.co.za
Mr. Kunaal Kalyan            -      kunaal@riskinsights.co.za
 

About Risk Insights:

Risk Insights (RI) is a Data Science boutique with key focus on ESG.  RI launched the first on-continent AI-powered ESG rating tool - ESG GPS made by Africans for Africa.  ESG GPS ensures balanced application of global ESG standards to local realities.  All listed companies in major African Exchanges have been rated by ESG GPS.   RI is a member of the World Economic Forum New Champions and founder of the World Economic Forum New Champions South Africa Chapter. For your ESG GPS rating and more information about ESG in Africa, please refer www.riskinsights.co.za.