Creditinfo Launches ESG Hub to Fast-track Baltic Companies’ Access to Reliable Sustainability Data
New one-stop-shop solution aggregates information from more than 20 external sources, helping banks and businesses boost their ESG strategies, manage risk, and streamline their supply-chain transparency.
Creditinfo unveiled ESG Hub, the Baltic region’s first pan-regional platform that gives lenders and businesses instant, standardised access to the environmental, social and governance (ESG) data they need to comply with regulations, assess counterparties and execute sustainability strategies.
Building on Creditinfo’s long track-record of turning complex business information into accessible actionable insight, ESG Hub consolidates data from 20-plus public and proprietary data sources from Estonia, Latvia and Lithuania into one standardised API feed and ready-to-use report. By merging country-specific registries into a single, harmonised view, the platform lets banks and businesses manage ESG data uniformly across all three markets. Users can pull company-level metrics—from carbon emissions and energy intensity to board diversity and community impact—within seconds, eliminating the need to piece together separate national datasets manually.
“We want to accelerate the sustainability journey for the Baltic economies, and it all starts with easy access to trusted information. Until now, assembling ESG data has been difficult and time-consuming; companies have spent substantial time on these tasks, and the process has been inefficient,” said Elari Tammenurm, Regional Director, Continental Europe at Creditinfo. “With ESG Hub, any financial institution or company can integrate harmonised data directly into their existing workflows, cutting cost and complexity while improving decision speed.”
Proven model, now scaled to the Baltics
Creditinfo first introduced an ESG data service in Iceland in 2023; rapid adoption by local banks and corporates highlighted the growing importance of reliable sustainability intelligence. “The strong uptake we saw in Iceland showed us how big the need is,” noted Reynir Smári Atlason, Managing Director of Sustainability at Creditinfo. “We’re now bringing those learnings, and a richer dataset, to the Baltic markets.”
The company will continue to expand ESG Hub’s data source coverage and analytical modules over the coming months. Future roll-outs in additional Creditinfo markets are also planned.
For more information visit ESG Hub
Creditinfo and Esgrid Partner to Launch ESG Hub in the Baltics
PRESS RELEASE
03 December 2024 – Creditinfo, a global credit bureau and information services group, and Esgrid, a value chain sustainability platform, have joined forces to create ESG Hub, a centralised ESG data registry for the Baltic region. This one-of-a-kind platform is designed to simplify how businesses collect, analyse, and share Environmental, Social, and Governance (ESG) data—bridging the gap between rising sustainability demands and the practical challenges companies face in meeting them.
At present, ESG data remains fragmented, with no unified standard in place, complicating efforts for businesses and financial institutions alike. ESG Hub will address this gap by providing a comprehensive, single-source platform that combines quantitative and qualitative ESG insights. This will empower financiers and investors to make more transparent decisions while considering the environmental, social, and governance impacts of the companies they engage with.
Creditinfo will contribute its robust data collection capabilities by aggregating information from public and private registries, while Esgrid will work closely with businesses to capture and verify missing ESG data. Together, the partnership promises a reliable, end-to-end solution for ESG visibility and compliance.
Nele Roostalu, Product Development Manager at Creditinfo, highlighted the timeliness of the initiative:
“Integrating ESG metrics into the Baltic market is an essential step forward. By combining our expertise in trusted data management with ESG-focused solutions, we’re equipping businesses and financial institutions to operate more responsibly and transition to sustainable business models.”
Elari Tammenurm, Managing Director of Creditinfo Estonia, added:
“For over 30 years, we’ve empowered companies to make smarter business decisions. ESG data represents the next leap, enabling actionable solutions to promote sustainability.”
Oksana Tolmatshova, Co-Founder and CEO of Esgrid, emphasised the practical value of the new platform:
“Access to ESG data is critical for sustainable financing and procurement. Our collaboration with Creditinfo delivers a solution that significantly reduces bureaucracy and enhances companies’ competitiveness on both regional and international levels.”
ESG Hub is already in development, with the first phase set to roll out by the end of Q1 2025. This will include tools to help Baltic companies organise and share their ESG data while positioning themselves as sustainability leaders in their industries.
For further information:
Nele Roostalu
Product Development Manager
Creditinfo Estonia AS
Email: nele.roostalu@creditinfo.ee
Oksana Tolmatshova
CEO
Esgrid Technologies OÜ
Email: oksana.tolmatshova@esgrid.com
About Creditinfo
Creditinfo is a global credit bureau and information services group operating in over 30 countries. The company provides credit reporting, risk management, and decision-making tools to businesses, empowering them with reliable insights to make informed decisions and foster economic growth.
About Esgrid
Esgrid delivers value chain sustainability management solutions for large enterprises and financial institutions. The platform enables sustainability leaders to evaluate, manage, report, and improve the sustainability of their value chains while ensuring compliance with ESG standards. Founded in 2023 in Estonia, Esgrid’s investors include Lemonde Stand, Startup Wise Guys, EstBAN, and early employees of Pipedrive and Wise.
For more information, visit: ESG HUB BALTICS
