RISK INSIGHTS AND GREENCO ESG CONSULTANTS COLLABORATION

PRESS RELEASE: RISK INSIGHTS LEADING ESG DATA PROVIDER IN AFRICA AND GREENCO ESG CONSULTANTS COLLABORATE TO DRIVE SUSTAINABILITY FOR THE EAST AFRICAN REGION

ESG reporting is gaining momentum in Kenya and East Africa as investor interest and activism rises globally. ESG (environmental, social and corporate governance) issues are of increasing concern, over and above financial returns delivered by companies.

Risk Insight (RI) is delighted to announce the partnership with GreenCo ESG Consultants (GEC), an emerging ESG Advisory firm in Kenya. GEC will leverage Risk Insights’ AI-powered ESG GPS™ rating platform and a suite of products and A-Cubed to provide access to ESG ratings, ESG disclosure information, ESG news and strategic business intelligence to the NSE listed companies and unlisted companies in Kenya. This cooperation will support NSE’s strategy of driving sustainability and ESG movement in Kenya.

GreenCo ESG Consultants (GEC) will provide strategic business intelligence and ESG advisory to NSE listed companies, to improve their sustainability reporting across their ESG pillars. This ESG initiative will go a long way in creating awareness in the market and improve ESG reporting in Kenya.

GEC’s CEO Irene Keino, stated that this partnership is timely, as there is a growing interest by various players, as ESG disclosure frameworks are being enhanced around the world and locally, particularly, for listed companies at the Nairobi Securities Exchange. It is indeed a great moment for the country to have NSE drive the ESG initiative for the national economy, as well as the government’s commitment to climate change and sustainability.

RI’s CEO Andrey Bogdanov stated that RI is very pleased to partner with woman empowered business GEC, to drive the sustainability agenda in Kenya and beyond, using the continent’s first AI- pioneered international award-winning solution - ESG GPS.

NSE’s CEO Geoffrey Odundo wished to congratulate Risk Insights (RI) and GreenCo ESG Consultant’s (GEC) on their partnership, that is aimed at driving ESG and sustainability in Kenya. The NSE plays a strategic role in the shift towards a more comprehensive ESG disclosure. NSE CEO states, “As an Exchange, we enable economic growth and development, by facilitating the mobilization of financial resources and bringing together those who need capital to innovate and grow with those who have resources to invest. We can only achieve this with an environment that is secure, transparent and equitable.”

About Risk Insights

Risk Insights is a Data Science boutique with a key focus on ESG and risk management.  Risk Insights launched the first in Africa, an AI-powered ESG rating tool in 2020 in South Africa- ESG GPS™ made for African, by Africans.  ESG GPS™ ensures the balanced application of global ESG standards to local realities.  All listed companies in major African Exchanges have been rated by ESG GPS™.  A number of the ESG products have been launched by the company, including ESG GPS X-Ray, ESG GPS Ratings Watch, A-Cubed.  It is a member of the World Economic Forum New Champions and founder of the World Economic Forum New Champions South Africa Local Chapter.  Risk Insights has won  a number of awards for its ESG rating tool, ESG GPS™, including an award from the World Economic Forum.
For your ESG GPS™ rating and more information about ESG in Africa, please refer to https://riskinsights.co.za/ or contact us at info@riskinsights.co.za

About GreenCo ESG Consultants (GEC)

GreenCo ESG Consultants (GEC) is a women owned ESG Advisory company, recently formed by a team of Spatial Planners and Independent Environmental Consultants united by a single mission to improve ESG effective reporting and presentation, in accordance with Global ESG frameworks and best ESG reporting practices. GreenCo ESG Consultants (GEC) branched off from Eco Plan Management (EPM) which has over 18 years of practice in areas of smart cities, master and land use planning, stakeholder mapping and engagement, involuntary resettlement and sustainable environmental management in the region. Over the years EPM has embraced innovative solutions, offering value to clients who include, public and private sectors, multinationals, DFI’s in the space of GIS mapping, drone technology and virtual reality content development. In 2021 EPM’s CEO was featured by the government’s initiative program called “Ajira” , highlighting women-led companies who have embraced innovative technologies contributing towards service delivery. EPM is a member of professional institutions, notably the International Society of City and Regional Planners, Royal Town Planning Institute and International Association of Impact Assessors. GEC’s CEO, Irene Keino is a Sustainability ESG / E&S Expert trained in accordance with GRI Standards and a certified land use planner. GEC’s aim is to serve a portfolio of listed and public companies in Kenya and the region; covering industries in manufacturing, investment and banking, real estate and construction, services, retail, trading, agriculture, energy and industrial production.

For more information reach us at https://greencoesg.co.ke or contact us at info@greencoesg.co.ke