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Unvalidated Ideas #065

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Here's a fresh idea you can take out there and validate.

ESG Impact tracking (πŸ—’Raw Notes)

Sector: FinTech/Government

Environmental, Social and corporate Governance (ESG) is a huge trend that has been moving markets and humanity for the last 5 years.

There's debate on the effectiveness of ESG, but what's become clear is that it's the most popular way for current governing bodies to incentivize economic activity.

💼 🧠 Build an ERP-integrated per-company ESG impact tracker

Companies need to know (and broadcast) how they're delivering on their ESG goals, and often this data is valued more highly from an external source.

As you might imagine, the companies that care most about this are the ones who have recieved grants tied to ESG goals.

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One of the great things about ESG is how easy it is to find companies that are doing it -- there are great resources out there which list involved companies and funds. This makes it easy to find the biggest players, and people who are most incentivized to track their ESG goals.

The only better place to look are public records of companies who have received ESG-related subsidies.

NOTE This idea can start simple -- calculating ESG impact can be a quite bespoke operation -- build spreadsheets, and tabulate manually, just as someone who was tasked to do this inside a company would do.

The fastest versions of this idea probably look like ESG consulting rather than a piece of software.

What was in this week's uncut edition?

Like being teased? I hope so, because here's what was in the uncut edition this week:



Don't forget, there's always money in the banana stand 3x more in the uncut edition.

Thanks for reading!

If you liked this letter feel free to criticize, comment on, remix, and share these ideas with your fellow builders and entrepreneurs!

If email isn't your style, you can also get ideas 🐦 tweet by tweet.

Check out the archive for access to editions that have been previously released.

Victor (victor@unvalidatedideas.com)

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