ConsciESG started as an idea to tackle the loss of professional talent from Albania and the Western Balkans, and its founders widened it once the same lack of standardization for what composed a better impact company proved most severe in the asset management industry. The company provides a platform whose ESG scores are designed to integrate into fund managers' existing investment models without altering their alpha-generating strategies.
Its scoring methodology rewards investing in companies making the most progress toward their sustainability targets, spanning areas such as decarbonization, water and waste management, workplace diversity, and decent work practices across supply chains. Hedge funds and asset managers are the platform's buyers, using it as a tool for managing and reporting a fund's impact improvement over time with transparency and accountability toward their limited partners.