We deliver real-time ESG data and we make trade finance simple, digital, accessible.
It is three months since we launched our mobile app into the first factory in Bangladesh. Here is a market update on the social score system as at April 2022. With real-time, all-the-time monitoring of over 25,000 workers already in just 3 months, we are scaling fast.
Ratnamani Metals and Tubes goes live with the social score. Congratulations and thanks to the promoter and the entire senior management of Ratnamani Metals for taking this step. Along with leading manufacturers across India, they have understood how important it is to deliver authentic and transparent data on how workers are treated across their locations.
The worker voice is authentic, powerful, simple and easy to collect via a well-designed system. It provides a concrete and authentic measure of ESG compliance in workplaces and supply chains.
Worker voice data is a great source of compliance information. But there are limitations and dangers involved in using worker voice data to monitor how well workplaces perform under their social contract. 5 potential limitations and 2 potential dangers need to be considered for real-time monitoring of ESG compliance.
Nitin Spinners Limited is one of the largest spinning mills in South Asia, listed on the National Stock Exchange in India and they have implemented our worker voice app. Within 24 hours, sufficient data was flowing to provide detailed information on freedoms, health and safety, pay, hours and conditions.
Generate a return on ESG investments across the enterprise. Communicate what you are doing directly to your consumers in shops and online at product-level. ESG investment can be an enterprise profit driver.
For most buyers, it is very important that the funding provided via supply chain finance is accounted for as trade credit and not shown in their books as short-term debt. The key question for the accounting treatment is to understand who is borrowing the money?
ESG is coming to India – especially for listed companies and their supply chains. Climate change, worker rights, alleviating poverty, building safer and healthier local communities – a focus for media, consumers, international customers and regulators.
PrimaDollar team proudly announces that the first Indian factory has gone live with the social score.
Social score drives ESG compliance over worker conditions in factories and fields. It is a revolution in transparency, directly connecting workers with buyers and ultimately with consumers in shops and online.
Read about how our factory social score has gone live in the first garment factories in Bangladesh.
Content provided by us lists at numbers 1, 3, 5 and 6 in the top ten most read articles of 2021 for CTMFile – the leading global website for corporate treasury.
As the world watches COP26, we all need to know more about the small steps that we can take to reach net zero. This requires a new approach to data and transparency. Finance can play its part, most importantly we need real-time ESG data.
Learn about real-time ESG data, how to collect it and how it powers a breakthrough in delivering impact to international supply chains.
Supply chain trade finance is a vital innovation for Indian companies, reducing the cost of imports significantly and delivering supply chain agility.
PrimaDollar to focus on supply chain trade finance its category-leading enterprise SaaS solution for trade finance
How traditional trade finance products can be added to supply chain finance platforms – getting early payments out to international suppliers
Announcement and press release: Swati Babel elevated to CEO PrimaDollar India, leading the delivery of our supply chain trade finance platform for Indian importers.
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