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
Creditinfo designated “High Overall Maturity Score” ESG rating by Anthesis

Creditinfo launches ESG Data Platform

Reykjavík / London, 20th October 2022 – Creditinfo Group, the leading global service provider for credit information and risk management solutions, has today announced the launch of VERA, a new environmental, social and corporate governance (ESG) data platform. The pioneering platform will provide financial services with a standardised overview of their ESG performance, helping them comply with ESG regulation, and will also create a way for other organisations to easily provide sustainability data to the financial sector.
VERA is a centralised platform that congregates information from a range of sources, including data directly reported by companies as well as external sources such as media coverage, judicial information, and supply chain operations. The information is then automatically standardised to allow organisations across financial services to obtain a holistic overview of ESG factors and performance, and easily establish how best to comply with regulation.
Initially being rolled out in Iceland, with other regions to follow globally, the platform can also be used by non-financial corporations when conducting supplier assessments to determine the ESG performance of their supply chains, and to provide sustainability data in a standardised way to the financial sector, helping to attract investment.
Reynir Smári Atlason, Director of sustainability at Creditinfo said: “Providing ESG information to financial services strengthens the presence and engagement of financial institutions – especially in markets where sustainability data is generally limited. It’s not only an ethical decision but a practical one – various markets don’t have the regulations in place to hold companies to account, yet ESG data is needed if they’re going to attract investment through sustainable financing. We’re really proud of how this platform levels the playing field and makes this information accessible and digestible.”
The VERA platform comes on the heels of Creditinfo’s own sustainability policy as the next step in its overall ESG strategy. Creditinfo’s aim to facilitate better decision making in financial services and enable greater access to finance for underserved SMEs, companies and individuals without credit ratings means it plays a vital role in social sustainability globally, and transparency in its environmental and social dealings across its regions must be a fundamental part of this.The next step will see the company publish its inaugural sustainability report evaluating performance areas against its sustainability policy in 2023.
Paul Randall, CEO at Creditinfo said: “Our ESG data platform and sustainability policy are just the first steps in understanding and addressing our wider external impact and helping others to do the same. Not only do we need to make sure we comply with regulation in this area, but the responsibility also lies with individual companies to be proactive when it comes to innovating in a sustainable and responsible way. We’re ready to lead by example here and I’m very excited by our ESG data platform and sustainability policy to ensure Creditinfo and other financial services are on track and compliant with regulation.”
Creditinfo’s sustainability policy can be found in full here.
ENDS
About Creditinfo
Established in 1997 and headquartered in London, UK, Creditinfo is a provider of credit information and risk management solutions worldwide. As one of the fastest-growing companies in its field, Creditinfo facilitates access to finance, through intelligent information, software and decision analytics solutions. With more than 30 credit bureaus running today, Creditinfo has the most considerable global presence in this field of credit risk management, with a significantly greater footprint than competitors. For decades it has provided business information, risk management and credit bureau solutions to some of the largest, lenders, governments and central banks globally to increase financial inclusion and generate economic growth by allowing credit access for SMEs and individuals. For more information, please visit www.creditinfo.com