Net Group to Develop an International ESG Tool
Net Group, in partnership with Estonia s Creditinfo, is developing an international sustainability tool to foster cross-border cooperation and assist companies in adhering to the European Sustainability Reporting Standards (ESRS). The tool aims to promote sustainable practices, support stakeholder mapping, and impact assessment for small and medium-sized businesses in Finland, Estonia, Latvia, and Lithuania. Joanna Annion, representing the Ministry of Economic Affairs and Communications, highlighted the platform s role in helping companies align with the EU s sustainability objectives. The project, funded by the Interreg Baltic Sea Region Programme, will be led by Net Group and Creditinfo, with a budget of 235,000 euros and a deadline of December 2025. Priit Kongo, Net Group s CEO, emphasized the platform s potential to help companies comply with new regulations and stay ahead of global sustainability trends. Elari Tammenurm, CEO of AS Creditinfo Estonia, and Reynir Smári Atlason, Director of Sustainability at Creditinfo Group, expressed their commitment to sharing their expertise from the Icelandic market to support the Baltic Sea region s companies in their sustainability efforts. The initiative is part of a broader effort to promote digital innovation and transformation in the region, involving various ministries, ICT associations, and organizations. The collaboration aims to make significant progress in the region s use and adaptation of reporting standards, ultimately creating long-term value for businesses and society.
Source: baltictimes.comPublished on 2024-10-02
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