VERIFYING ESG is a collaborative research and innovation programme to create digital tools for making ethical and sustainable buying and investment decisions

What?

As well as digital tools the programme will also develop a cooperative business model. So that firms and community stakeholders can work together to record, measure, manage and report on the risks and impacts of their activities on citizens, communities and the natural environment.

A number of people are working together to construct a building

Why?

We all want to make sustainable buying and investment decisions. As consumers, we rely on trust marks like BCorp, user reviews, and brand promises. Businesses and investors use ESG (Environmental, Social, and Governance) to describe criteria for measuring their risks and impacts. To comply with regulations like the CMA's Green Claims Code or the EU Corporate Sustainability Reporting Directive, firms must provide transparent and accountable ESG reporting.

a picture of a pair of hand through which a stream of water is passing

However, ESG claims are largely self-asserted (e.g., marketing claims, company reports) and result in greenwashing, a form of reputation fraud that leads to unfair competition, misallocation of capital, and negative consumer impacts. Typically, only the most prominent organisations have the resources to compete on ESG criteria in investment and consumer marketplaces. ESG reporting standards are fragmented and immature, making ESG data unverifiable and inaccessible to consumers or SMEs.

" If just 4%* of ESG investments are made based on false ESG claims (ie greenwashing), then that would equate to the misallocation of £1.1 trillion** in 2026 "

* WEF 2021 estimate 4% of all consumer reviews are fraudulent
** HM Treasury 2023 estimate ESG AUM by 2026 £27.1tn

VERIFYING ESG INVESTORS

Companies and organisations already investing time and resources in developing the VERIFYING ESG system.

cheqd.io

Infrastructure for Trusted Data Markets. v-ESG is built on Cheqd’s network for decentralised identity and verifiable credentials with its unique payment rails and verifiable, portable reputation. Try it for yourself at creds.xyz or learn more about cheqd at cheqd.io

Come To The Edge

Tools, skills and services for creating, growing and connecting youth-powered community economies. Come to the Edge hosts the Community Lab and incubates the VERIFYING ESG cooperative.

Pavilion

Quality software and solutions for community building. Pavilion’s next generation cooperative members bring coop.creds, and will collaborate in the Community Lab to bring open-source, accessible and scalable access to the Verifying ESG system.

The University Of Warwick

A leading research and teaching University, ranked 62 in the QS World Rankings and 7th multi-faculty institution in the UK by REF. VERIFYING ESG is supported by WMG and a world leading team of experts in cyber-security, economics and data science that will lead the development of VERIFYING ESG’s intelligent data and decision architecture.

Get Involved

Interested in learning more, joining our Community Lab or building the VERYFYING ESG ecosystem?We want to make sure that VERYFYING ESG helps everyone make ethical and sustainable buying decisions.

© VERIFYING ESG. 2023 All rights reserved.
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Thank you

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Privacy Policy

This outlines our Company Privacy Policy for verifyingesg.comTopics:• What data do we collect?• How do we collect your data?• How will we use your data?• How do we store your data?• Marketing• What are your data protection rights?• What are cookies?• How do we use cookies?• What types of cookies do we use?• How to manage your cookies• Privacy policies of other websites• Changes to our privacy policy• How to contact us• How to contact the appropriate authoritiesWhat data do we collect?Our Company collects the following data:• Personal identification information (Name, email address, phone number, etc.)How do we collect your data?You directly provide Our Company with most of the data we collect. We collect data and process data when you:• Register online or place an order for any of our products or services.• Voluntarily complete a customer survey or provide feedback on any of our message boards or via email.• Use or view our website via your browser's cookies.How will we use your data?
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