Environmental Social Governance (ESG) Compliance
KYG Trade’s ESG Score for Goods
Advancing ESG Scoring: KYG Trade introduces the Total ESG Score, a BOM-level approach to evaluate the impact of individual goods, rather than entities on ESG objectives. Our unique scoring method delves into each component of a product's genome, at the SKU level, ensuring a comprehensive and accurate ESG evaluation. This process provides a precise understanding of a product's overall ESG score at a point in time.
UN Standards to Measure ESG
Objective Insights with KYG Goods ESG Score: KYG Trade's proprietary scoring system evaluates every component in a product's bill of materials against the import country's non-tariff measures (NTMs). This objective analysis aligns with the United Nations' Sustainable Development Goals, providing proof of compliance for customs authorities. Our scoring reflects how each product contributes positively or negatively towards these goals, offering transparency into SKU-level ESG assessment.
Understanding ESG Scores
Decoding ESG Scores: KYG Trade’s ESG scores range from X to A, representing different levels of adherence and contribution to the UN Sustainable Development Goals and customs compliance. 'X' indicates a negative impact, while 'A' represents exceptional contributions, setting a benchmark in sustainable supply chains. Our scoring system, aligned with the ICC standards, provides a clear, understandable measure of a product's ESG performance
Aligning with International Standards
Aligned with Global Standards: KYG Trade ensures that every ESG assessment is in strict conformity with the International Chamber of Commerce (ICC) standards and the United Nations' Sustainable Development Goals. This alignment guarantees that our ESG evaluations not only meet but exceed global expectations, fostering trust and credibility in our scoring process and helping businesses make more informed, responsible decisions.