FigBytes Triples in Size While UK Parliament Puts the "G" in ESG With Mandatory Disclosures
Feb 1, 2022
Ottawa, Ontario Feb 1, 2022 (Issuewire.com) - Socially responsible investing is at an all-time high. Now, more companies than ever are jumping on the environmental, social, governance (ESG) bandwagon. Skepticism remains though, as people and governments beg the question: are organizations really doing what they say? The UK parliament is demanding answers to that question by enshrining into law mandatory climate disclosures.
Now more than ever before FigBytes' ESG insight platform is in high demand. With compliance on the docket for 2022 businesses are in need of assistance in tracking, recording, and reporting on their sustainability targets. FigBytes' workforce has grown by 346 percent since January 2021. Effectively tripling their team. Now that the UK is introducing these mandatory ESG disclosures, FigBytes is looking to better serve their international audience.
"The world is beginning to see that for ESG to be effective, there needs to be some sort of standardized transparency. This new legislation out of the UK is very exciting," said FigBytes CEO and founder, Ted Dhillon. "I anticipate a lot more growth for us as more countries enact similar laws. More growth means more hires, and those hires need to be smart, capable, and be ready to help take the company to the next level."
One of those key hires? UK-based, Sales Executive Giles Withey, who was brought on to help cater to the growing international market.
"ESG has really taken the world by storm. We expect more companies to come to FigBytes for help complying with new laws," said Withey. "We want to be on the ground wherever companies need assistance."
As worldviews shift away from profit margins to environmental concerns, FigBytes' mission of enabling data-driven tracking of green and social responsibility metrics is attractive to clients as well as talent. "Our growth over the past year has been huge," commented Dhillon. "It goes to show that ESG isn't just another trend, but something that is only going to play a larger role in the business world in the years to come."
ABOUT FIGBYTES
FigBytes helps companies and governments plan, track, and fulfill goals along with their environmental, social, governance (ESG) journey. Their platform helps integrate strategy, align data, report on progress, and engage stakeholders. Learn more at https://figbytes.com/
Source :FigBytes
This article was originally published by IssueWire. Read the original article here.
More News
Australian shares inch higher as caution reigns
Shares clocked a second week of modest progress, as global bond yields, stubborn oil prices and local economic woes cap investor confidence.
Oliver Curtis’ bid to float Firmus for $44 billion falls over
Firmus has dropped its bid to list on the ASX, leaving its data centre plans to be funded through private markets.
City’s lively streets ‘sealed deal’ as luxury fragrance retailer buys $10.7m Little Collins store
Fragrance retailer, Prestige Brands, has splashed out $10.75 million on an empty three-storey building.
Why it’s time for you to ditch taking long annual holidays
There’s a better way of getting the most out of your holidays and it involves taking more frequent but shorter breaks.
ABC hopes embarrassing radio U-turn will deliver ratings dividend
In this week’s On Background, an about-face from ABC Radio Sydney, billionaire philanthropist Judith Neilson’s passion project remains stagnant, and media mogul Rupert Murdoch reflects on his legacy – again.
Wes Maas offloads $50m shopping mall as Firmus float fallout hits
It’s been a turbulent week for “Dubbo billionaire” Maas, who is hoping for a big payday from the sale of his Village Southlakes mall.
Wes Maas offloads $50m shopping mall as Firmus float fallout hits
It’s been a turbulent week for “Dubbo billionaire” Maas, who is hoping for a big payday from the sale of his Village Southlakes mall.
’Tis the season for (AI) shortcuts: Inside Coles and Woolies’ fight over Christmas
Australia’s two biggest supermarkets were in agreement on when to hold their Christmas launches this year, but a new battleground has emerged.
ASX finishes lower as oil jumps again on renewed Iran tensions
The Australian sharemarket declined on Thursday as oil prices jumped on renewed Middle East tensions, stoking concerns about inflation. Miners led the losses.
Firmus float in trouble as investors don’t buy the hype
The Australian data centre operator’s blockbuster landing on the Australian sharemarket is on thin ice as its bankers pull out all stops to convince sceptical buyers.
Aguia builds 30,000t phosphate stockpile in Brazil
Aguia Resources has amassed a 30,000-tonne phosphate stockpile at its Três Estradas project and notched up 825t in fresh sales in Brazil as it awaits a key court ruling.
From glowing feedback to undermining: Why has my boss turned on me?
I asked my manager directly whether I was being pushed out. They were defensive, and said that was just their job.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.