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Driving Sustainable Growth: Finboot and esg2go Partner to Boost ESG rating for European Companies
Barcelona, Spain - March 10, 2025 - Finboot, a leader in blockchain-powered Green Supply Chain management solutions, announced today a strategic partnership with esg2go, an innovative ESG rating service. This collaboration marks a significant step in Finboot’s mission to provide comprehensive sustainability solutions, in this case, to strengthen the competitiveness of European mid-size enterprises through sustainability risk assessment and minimisation. .
Reinforcing the growing customer and market demand for ESG transparency
In spite of recent regulatory uncertainties introduced by the ongoing European omnibus discussions, market data strongly supports an increasing focus on ESG initiatives among financial leaders. According to a report by We Don’t Have Time and Kearney, 92% of CFOs plan to increase sustainability investments in 2025, with more than half committing to “significant” increases. This trend underscores the growing importance of robust ESG reporting and risk assessment tools across all business sizes. The report suggests a fundamental change in corporate financial strategy. Sustainability is no longer viewed as a matter of corporate social responsibility—it is now a financial imperative driven by market opportunities, risk management, and evolving regulatory landscapes.
Juan Miguel Perez, CEO and Co-Founder of Finboot, emphasized the timeliness of this partnership: “Companies prioritizing sustainability are not just preparing for regulatory shifts—they are actively positioning themselves as leaders in an evolving global economy. The majority of our clients are enterprises in hard-to-abate sectors, which are facing mounting market pressure for transparency in their sustainability journey.
This scrutiny extends throughout their value chains, demanding further collaboration with suppliers of all sizes. Our partnership with esg2go addresses this critical need, enabling us to calculate a ESG rating which is used as base for various reports (GRI, VSME, ESRS) for smaller suppliers within our clients’ ecosystems.”
Bridging the gap in sustainability reporting for SMEs
esg2go offers an innovative ESG rating system specifically designed for small and medium businesses (SMEs). It is the product of a Swiss-based public-private partnership between the Center for Corporate Responsibility and Sustainability (CCRS) and Adjumed Services. The tool, also sponsored by Zurich Insurance, UBS, and Raiffeisen, provides a practical and affordable solution for smaller businesses to assess and report on their sustainability performance in a credible way.
Luzi Rageth, CEO of Adjumed Services and Co-CEO of esg2go, explained the tool’s unique value proposition: “We recognized a gap in the market for SMEs struggling with complex ESG reporting requirements. esg2go offers a user-friendly platform where companies can input raw data and receive comprehensive ESG scores benchmarked against industry peers. This not only saves time but also provides actionable insights for improvement.”
esg2go's calibrated benchmarking system is a cornerstone of their ESG rating tool, now integrated into Finboot's sustainability management offerings. It uses a sophisticated scoring function that was transparently published in a peer-reviewed journal. It enables SMEs to compare their performance against peers in ten key areas. Through a key driver analysis, measures are then suggested on how to improve performance and showcase their sustainability leadership, potentially conferring a significant competitive advantage in client engagements and market expansion.
By incorporating this solution into Finboot's Green Supply Chain Management offering, large enterprises can now effectively support their SME suppliers in sustainability initiatives. This partnership enables companies of all sizes to measure, compare, and enhance their ESG performance with greater precision and context, leading to more comprehensive sustainability strategies across entire value chains. For instance, in addition to the sponsors, exemplary large companies such as Swiss Post, Swiss Federal Railways and Allianz Insurance have already included esg2go in their rating catalog for their suppliers to use.
A synergistic partnership for sustainable growth
This collaboration leverages the strengths of both organizations: Finboot’s expertise in the decarbonisation of hard to abate sectors through Green Supply Chain management, and esg2go’s specialized ESG rating system for SMEs.
Philipp Aerni, Professor at the School of Management Fribourg and Director of CCRS, concluded, “We’re excited to join forces with Finboot. Their innovative blockchain solutions perfectly complement our ESG rating service. esg2go also enables CO2 reporting according to SBTi guidelines using the CO2 calculator we’ve created, which computes emissions in 1, 2, and partially 3 as well as the SME's decarbonization path. Together, we’re creating a comprehensive platform that not only measures sustainability performance but drives tangible improvements across operations, regardless of company size.”
The partnership flourished following Finboot’s participation in the “Desafia Suiza - Sustainability" programme, an initiative sponsored by ICEX and Red.es with the support of the Economic and Trade Office of the Spanish Embassy in Bern. Desafía Programmes are designed to help Spanish technology companies scale faster and globally.
Juan Díez Gibson, Economic and Trade Counsellor at the Spanish Embassy in Bern, highlighted: "This partnership between Finboot and esg2go is a perfect example of what we pretend to achieve through our Desafía immersion programmes, namely to set the ground for Spanish startups and the host ecosystem to find areas with synergies for collaboration. I am particularly thrilled to see that this agreement will contribute to sustainability, which is the underlying topic of our Desafía programme in Switzerland".
As businesses across industries face increasing pressure to demonstrate their commitment to sustainability, the combined solution offered by Finboot and esg2go stands poised to become a game-changer in the sustainability management landscape, particularly for SMEs seeking reliable, affordable tools to measure and improve their ESG performance.
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About Finboot: Finboot is a technology company that provides green supply chain management solutions for the world’s largest capital-intensive companies. Its flagship platform, MARCO Track & Trace, leverages blockchain technology to enhance traceability, transparency, and compliance across value and supply chains.
About esg2go: esg2go is a public-private partnership between CCRS and Adjumed Services, offering an innovative ESG rating system specifically designed for SMEs. Developed since 2018, esg2go provides a reliable, cost-effective tool for companies to measure their sustainability performance, compare against industry benchmarks, and generate comprehensive sustainability reports.
For more information, please contact:
Finboot Media Relations
Flávia Sales
Marketing Manager
esg2go Media Relations
Philipp Aerni
Co-CEO, content questions
Luzi Rageth
Co-CEO, technical questions
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