Soothsayer Analytics has taken a 25% stake in GoProdigii LLC - a leading ESG Software as a Service (SaaS) company that, together with Soothsayer, provides the ESG Solution Accelerators needed by corporations, investors, and universities to optimize their impact by promoting human dignity, prosperity, and peace on a healthier planet.
Soothsayer Analytics is a privately held Data Science firm that provides bespoke A.I./Machine Learning solutions and Advanced Analytics advisory, architecture, and training services across various industries. goProdigii is a fast-emerging and leading ESG Software as a Service (SaaS) company that provides the ESG Solution Accelerators needed by universities, manufacturers, and investors to forge their approach to ESG, leading to new sources of value for both investors and other stakeholders.
According to Andrew Tasker, co-founder of goProdigii, “Formalizing the working relationship goProdigii has had with Soothsayer from day one is a big deal. goProdigii’s approach to the ESG market is to apply many of the same methods and analytics used by wall street to unlock the secrets of ESG that can then be used by corporates to optimize their sustainable impacts for the benefit of their investors and stakeholders. As a strategic partner, Soothsayer guarantees goProdigii’s clients with access to the cutting edge of AI and data science, up to and including the ability to design and implement solutions to some of the most complex and pressing environmental, social and governance problems facing the world today.
ESG is an acronym for Environmental, Social, and Governance. ESG is best characterized as a framework that helps stakeholders understand how an organization manages risks and opportunities related to environmental, social, and governance criteria. Organizations compile ESG information to report internal and external disclosures about their sustainability and create new sustainable sources of alpha.
ESG has been experiencing a surge in market momentum. Increased regulatory scrutiny and disclosure requirements, diversity issues, rising consumer expectations, concerns over climate change, and national commitments to reaching net zero are all primary factors driving this surge.
Producing these disclosures is challenging. ESG data needs to be collected and analyzed from many data sources. With ESG, corporations and investors need to transform vast amounts of raw, often unstructured internal and external data to create decision-useful ESG information and produce groundbreaking new ESG applications to solve problems in climate change.
When organizations face ESG-related implementation problems, the cause is usually that they lack the technology needed to carry out the massive alignment of finance, management, operational analysis, reporting, and disclosure functions leaders need to integrate ESG throughout their business strategy.
Gaurav Agrawal, CEO of Soothsayer said,
“We have partnered with GoProdigii to solve these implementation problems. Utilizing Natural Language Processing & Predictive Analytics, we extract relevant ESG information that exists about companies from both internal & external sources.
We analyze qualitative & quantitative data to build AI-driven models around materiality, financial & ESG risk, sentiment & trend analysis. This provides company stakeholders deep insight into their actual results and the public’s perception of their Environmental, Social, and Governance performance.”
About Soothsayer Analytics
Soothsayer Analytics helps forward-thinking companies leverage Data Science to explain the unknown, predict the future, and optimize their business. We build custom algorithms and A.I. tools, engage in cutting-edge R&D, and design Analytics Centers of Excellence. Our Data Scientists come from diverse backgrounds such as Rocket Science, Physics, and Engineering, and our client base spans many industries.
Whether companies are newly endeavoring into analytics or looking to develop pioneering applications powered by Artificial Intelligence, Soothsayer can help. Our deep experience and understanding of best practices enable us to provide actionable insight and demonstrable ROI.
To learn more, please visit www.SoothsayerAnalytics.com
About goProdigii LLC
goProdigii is a leading ESG technology and professional services company. We offer professional services to help you create cutting-edge, comprehensive ESG implementation solutions. We support the rapid orchestration of capital, innovation, and action to deliver solutions for the most pressing problems facing people and the planet – issues that have a nexus with environmental, social, and governance (ESG) points on a local, regional, and even global scale.
Whether you seek opportunities and need an understanding of technology and the players in the space, or you want to dive deeply into patents and developments in sustainable technologies within your field or industry, goProdigii’s software provides precisely what you need. You do not need to be a domain expert in ESG or sustainability to use our software – we designed our analytic software to help you find similar and related information without requiring you to understand all things ESG.
goProdigii utilizes a 3-level approach to ESG. We have designed an approach to ESG that is neither driven by unwarranted optimism or political rhetoric, that we believe is a more pragmatic, rational alternative approach to ESG steeped in the latest in data science and analytics, that corporations seeking to lever ESG as a competitive advantage should be actively embracing.
- Closely align with corporate ESG strategy with the demands and aspirations of investors and other stakeholders.
- Gain immediate market credibility by creating a single source of truth and transparency for all things ESG related to your company.
- Enhance liquidity by taking advantage of the growing preponderance of sustainable “green” financing by rapidly identifying and capitalizing on opportunities available to you to create ESG-driven short, medium, and long term outsized financial performance.
Our mission is to help leaders disrupt, innovate, and transform while leveraging the power of data to build an irresistible future for people, organizations, and the planet.
Our conversations begin with “How can we interweave ESG into your corporate DNA?” ESG begins with external sentiment & interactions, and moves throughout an organization’s people, process, and performance to ongoing stewards.