Sustainable Company Awards 2024

Product innovation of the year, EMEA: FutureTracker

FutureTracker says its innovation comes from combining consulting expertise, products that ensure compliance with regulations including the Corporate Sustainability Reporting Directive and deep research on its clients that helps them unlock sustainability-related opportunities.

The company provides a platform that encompasses greenhouse gas emissions measurement, data collection, science-based targets guidance and reporting in line with the IFRS S1 and S2 sustainability standards, as well as UK Sustainability Disclosure Requirements and EU Sustainable Finance Disclosure Regulation.

In the past year, its increased combination of advisory services with more extensive compliance coverage.

Fred BetleyFred Betley, managing director at FutureTracker, said: "Tech-only solutions often fail because organisations lack the time, resources, and knowledge to use them properly. On the other hand, consultants can make sustainability an outsourced task, resulting in no lasting impact on the company's core practices.

"FutureTracker uniquely addresses these issues by offering a guided and user-friendly platform overseen by sustainability experts."

As well as determining each of its clients' "resources, strengths, weaknesses, drivers, and market positions ... what sets us apart is that we realised early on, that to get businesses to do more, there is a need to not only look at climate risks, but also the opportunities for our clients to develop new products and services".

Laine said it had helped clients in the banking, trust, fund, asset management, insurance and advisory industries "develop new billable services and products that protect the assets, wealth, and reputations of their clients and provide new revenue streams," Laine added.

Guernsey-based FutureTracker also has operations in the UK, Poland and Australia.