ESG is a megatrend. In order to meet the desire of society, politics and the economy for sustainability, effective tools are needed in which purposeful valid data can be integrated and via which processes can be designed holistically and efficiently. CURE Intelligence and Daato have entered a comprehensive cooperation for this purpose.
The Supply Chain Act (LkSG) came into force on January 1, 2023. It obliges companies to monitor their entire supply chain – from raw materials to the end product – for compliance with a catalog of legal and environmental requirements.
A corresponding draft is also being discussed at EU level. This is largely the same as the German LkSG but is likely to affect more companies. Currently, the aim is to set an application limit for companies with 500 or more employees. Furthermore, the catalog of requirements on the EU level could be even stricter than in the German LkSG, as there is a stronger focus on environmental issues.
CURE Intelligence will integrate LkSG-relevant data on customer suppliers into the Daato ESG management platform for Daato customers. Supplier monitoring will be conducted globally in 187 languages in or near real-time, covering forced and child labor, human rights abuses, discrimination and racism, freedom of association violations, problematic employment and working conditions, and environmental degradation. This enables Daato’s clients to effectively implement the LkSG using the ESG management platform.
„CURE Intelligence brings to the collaboration some 14 years of experience in media monitoring and analysis, using AI developed specifically for the LkSG. We are excited to have entered this strong partnership with CURE Intelligence. Combining their state of the art technology in Daato’s holistic LkSG solution „L100″, will mean that our customers can now take advantage of automated supplier risk identification, adjusted supplier risk scoring and all other necessary steps until BAFA compliant report,“ says Sunny Chowdhury, Founder and CRO of Daato.
„We are very much looking forward to the cooperation with Daato. The ESG management platform is holistically designed and impresses with its ease of use and high functionality. It enables companies‘ ESG management to be operationally efficient, compliant, and strategically focused. Daato and CURE thus create immense added value for joint customers with a focus on sustainability or ESG,“ adds Marco Feiten, Managing Director CURE Intelligence.
About CURE Intelligence
CURE Intelligence stands for expertise in media intelligence and online marketing services. With offices in Luxembourg and Germany, we help well-known clients from nine countries make smart decisions and communicate effectively using data intelligence.
The CURE Supply Chain Radar is an efficient tool that aggregates multiple data sources and processes them with AI. The effective supplier monitoring solution is perfectly adapted to specific needs of customers through modular services.
Berlin based Daato is a holistic ESG solution provider, addressing challenges across key sustainability compliance and management. With strong focus in supply chain sustainability compliance, Daato has developed a comprehensive solution to help companies compliant across LkSG, key materials traceability requirements, sustainability reporting requirements such as GRI, CSRD, EU Taxonomy as well as in their decarbonization measurement and management.
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About CURE Intelligence
Founded in 2009, CURE Intelligence specializes in the field of media monitoring and media analysis, data intelligence, social media communications and marketing. CURE Intelligence helps its clients make better decisions and improve internal and external communication processes by effectively combining analytics and marketing. CURE Intelligence is a public limited company with its headquarters in Grevenmacher, Luxembourg and a subsidiary in Cologne, Germany. CURE Intelligence works with internationally renowned clients from Germany, Luxembourg, Brazil, Canada and the U.S.
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