KYG Trade’s ESG Score for Goods
Product-Specific ESG Scoring
- KYG Trade introduces the Total ESG Score, a BOM-level approach to evaluate the impact of individual goods, rather than entities, relative to ESG objectives.
- Our unique scoring method understands each component of the product/SKU attributes, ensuring a comprehensive and accurate ESG evaluation.
- This scoring process provides a precise understanding of a product’s overall ESG score at a point in time and objectively aligns with the United Nations’ Sustainable Development Goals.
UN Standards to Measure ESG
Objective Insights with KYG Product-Specific ESG Score
- KYG Trade’s proprietary scoring system evaluates every component in a bill of materials against the import country’s non-tariff measures (NTMs).
- This objective analysis aligns with the United Nations’ Sustainable Development Goals and provides proof of compliance for customs authorities.
- The scoring reflects how each product contributes positively or negatively towards these goals, providing transparency into SKU-level, ESG assessments.
Understanding ESG Scores
Decoding SKU-Level 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 International Chamber of Commerce (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.
- By objectively measuring against accepted international standards and goals, KYG’s ESG evaluations not only meet, but exceed, global expectations.
- The goal is to foster trust and credibility in the objective scoring process and to help businesses make more informed, responsible sourcing and transportation decisions.
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