09 February 2010
Natural Logic, Inc. a sustainability consultancy helping businesses and governments design, implement and measure profitable sustainability strategies, today announced a strategic alliance with Trucost plc, a global provider of environmental impact data and analytics. The partnership will enable the companies to offer their clients comprehensive and measurable sustainability strategies that combine Trucost's modeling of corporate environmental, social and governance (ESG) data with Natural Logic's strategic advisory services.
Trucost's database includes information on over 700 environmental impacts, including carbon and other greenhouse gases, water, waste and chemical usage, from more than 4500 companies across more than 400 industries. Natural Logic will embed Trucost data and tools in the portfolio of products and services it offers clients, including its Rapid Diagnostics carbon footprinting services and its Business MetabolicsTM sustainability performance dashboards. Additionally, Trucost will offer Natural Logic strategic consulting services to Trucost clients, extending Natural Logic's advisory services to the growing environmental risk assessment and rating market.
"In an increasingly competitive global marketplace, companies are looking for ways reduce costs and increase profits by understanding, evaluating, and acting upon the environmental impact of their operations," said Gil Friend, CEO of Natural Logic, and author of The Truth About Green Business (FT Press, 2009). "Working together, Trucost and Natural Logic will provide global firms the precise ESG metrics and actionable sustainability plans they need increase profit margins, build brand and decrease their environmental footprints and risks."
Jointly, Natural Logic and Trucost will offer their clients clear identification of prioritized focus areas for reducing environmental impacts; comparison of environmental performance against peers, sectors and investment benchmarks; and strategic guidance on applying those findings to support business and ESG goals.
"The ability to provide our customers with a more robust range of services through the partnership with Natural Logic is a great asset for Trucost, " said Cary Krosinsky, Vice President of Trucost. "Natural Logic has an exceptional track record in helping companies turn their concerns about sustainability and climate change into strategic business assets. We fully expect this alliance will result in a significant increase in joint customers."
In addition to sharing their existing resources, the companies plan to develop new products and enhancements to existing products that will leverage the depth of Natural Logic's insight and Trucost's data and tools for the benefit of their respective clients.