Startup Credibl ESG announced today a new partnership with HLB HAMT, founded in 1999 and one of the Middle East’s most recognized auditing and advisory firms.
Credibl, started by a team of entrepreneurs with decades of experience in tech, is led by CEO Jitesh Shetty, who leveraged his experience in Silicon Valley to offer organizations worldwide a solution to help monitor and improve upon sustainability initiatives thanks to the power of intelligent data reporting.
The tech enterprise is on a mission to make sustainability reporting as seamless as financial reporting, therefore ensuring that businesses can fulfill their ESG commitments while furthering profitability.
Now, professional services advisory firm HLB HAMT is partnering up with Credibl to offer the innovative ESG platform to clients in its portfolio. In this way, the firm hopes to ensure it remains at the forefront of the highest standards in the industry.
Reducing risk by improving ESG scoring
For HLB HAMT, acting as a professional services consultancy in 2024 means that the subject of sustainability should always be part of the conversation. If companies aren’t addressing ESG in a high-level strategy, it becomes increasingly difficult to ensure that revenue can be maintained and risks reduced.
For this reason, the firm was keen to adopt new ways to help their clients tackle ESG projects and reframe this as something central to long-term value creation and competitive advantage.
The partnership between HLB HAMT and Credibl marks a major milestone, helping a range of clients tap into tech-driven sustainability tools to provide automated data assurance, real-time peer benchmarking, and comprehensive support on supply chain ESG data.
This sentiment was supported by the advisory firm’s CEO, Mr. Vijay Anand, who explained, “We’re extremely proud to announce our new partnership with Credibl. Helping customers meet ESG targets is one of our core tenets at HLB HAMT.”
“We believe that sustainability goes hand in hand with building risk-averse companies and protecting future profits. Thanks to Credibl’s platform our customers will be able to access end-to-end data management and reporting alongside a host of in-built features on the intelligent platform.”
Using tech to meet ESG goals more quickly
Thanks to data-rich reporting available when Credibl’s intelligent platform has been implemented, HLB HAMT advisors will be able to better understand how clients are performing against their current ESG frameworks, and to identify areas for additional improvements.
Manoj Kumar, Senior Partner – IT at HLB HAMT, commented, “Credibl’s partnership with HLB HAMT signifies a momentous leap forward in leveraging AI technology to drive sustainable business practices. This collaboration underscores our commitment to delivering cutting-edge strategies that not only mitigate risk but also foster long-term sustainability and growth in an increasingly interconnected world.”
For the consulting firm, profitability and managing risk are increasingly linked to environmental corporate policy.
Concerning the new partnership, Credibl ESG CEO Jitesh Shetty said, “HLB HAMT is a leading advisory services firm with a highly forward-thinking approach to ESG and sustainability.”
“I eagerly look forward to rolling our AI-driven sustainability platform out to HLB HAMT customers to help improve ESG outcomes and deliver more impact.”
