Credibl Company Profile

Background

Credibl is a technology company specializing in Environmental, Social, and Governance (ESG) data management and reporting solutions. Founded in 2018, Credibl's mission is to empower businesses to achieve their sustainability goals by providing comprehensive, AI-powered platforms that facilitate efficient ESG data measurement, management, and reporting. The company envisions a world where businesses operate sustainably, leveraging technology to drive positive impact and create long-term value for all stakeholders.

Key Strategic Focus

Credibl's strategic focus centers on delivering end-to-end ESG data management and reporting solutions. The company's core objectives include:

Comprehensive ESG Data Management: Offering platforms that enable organizations to measure, manage, and report ESG data efficiently.

AI-Powered Compliance: Utilizing advanced AI technologies to ensure compliance with global ESG reporting frameworks such as CSRD, ESRS, GRI, SASB, and TCFD.

Supply Chain Transparency: Enhancing supply chain efficiency through traceability solutions that improve product accountability and reduce errors.

Financed Emissions Management: Providing tools for banks and financial institutions to manage and report the carbon footprint of their investments and loans.

Credibl primarily targets corporations, banking and financial institutions, and investors seeking to enhance their sustainability performance and compliance.

Financials and Funding

As of June 2025, specific details regarding Credibl's funding history, total funds raised, and notable investors are not publicly disclosed. The company operates as a private entity, focusing on expanding its product offerings and market reach.

Technological Platform and Innovation

Credibl distinguishes itself through its AI-driven ESG data management platforms, which include:

ESG AI Magic Drive: Facilitates the importation of data from both structured and unstructured documents, enhancing ESG data management.

AI Data Quality Heat Map: Identifies data discrepancies, ensuring the reliability and assurance readiness of ESG data.

Multi-Level Review AI Copilot: Accelerates review processes with AI assistance, ensuring swift and meticulous evaluations.

EVA: ESG Virtual Assistant: Leverages GPT-4.0 large language models, allowing users to query their ESG data in natural language.

AI Peer Benchmarking: Assesses and benchmarks performance against peers, sectors, and industry leaders using an AI-based benchmarking database.

These proprietary technologies and methodologies position Credibl at the forefront of ESG data management innovation.

Leadership Team

Credibl's leadership team comprises experienced professionals dedicated to advancing sustainable business practices:

Jitesh Shetty: Co-founder and CEO. Jitesh brings extensive experience in technology and sustainability, leading Credibl's strategic vision and operations.

Sushil Choudhari: Co-founder. Sushil contributes his expertise in software development and product innovation, driving the company's technological advancements.

Parth Patil: Co-founder. Parth focuses on business development and partnerships, expanding Credibl's market presence.

Ravi Agrawal: Co-founder. Ravi oversees financial strategy and operations, ensuring the company's fiscal health and growth.

Competitor Profile

Market Insights and Dynamics

The ESG data management and reporting market is experiencing significant growth, driven by increasing regulatory requirements and stakeholder demand for transparency. Companies are seeking robust solutions to manage and report their ESG performance effectively.

Competitor Analysis

Key competitors in the ESG data management space include:

Workiva: Offers a cloud-based productivity platform for enterprises to collect, link, report, and analyze business data with control and accountability.

AuditBoard: Provides a connected risk platform designed to elevate teams and engage business front lines, offering applications like RiskOversight and CrossComply.

Workday Adaptive Planning: Delivers enterprise planning and analysis solutions, enabling organizations to adapt to changing business conditions with confidence.

VelocityEHS Accelerate | EHS & ESG: Offers a platform for environmental, health, safety, and ESG management, focusing on simplifying complex issues to deliver exceptional outcomes.

IRIS CARBON®: Provides a cloud-based platform for preparing regulatory compliance reports, supporting various reporting requirements globally.

Strategic Collaborations and Partnerships

Credibl has established significant partnerships to enhance its offerings:

Green Story: In October 2024, Credibl partnered with Green Story to launch India's first one-stop sustainability solution for the textile and apparel industry. This collaboration integrates Credibl's ESG data management capabilities with Green Story's Life Cycle Assessment expertise, providing businesses with comprehensive insights into their environmental impact.

HLB HAMT: In April 2024, Credibl partnered with HLB HAMT, a Dubai-based accounting firm, to deploy Credibl's platform globally across HLB HAMT's customer base. This partnership aims to enable companies to leverage tech-driven sustainability tools for automated data assurance and real-time peer benchmarking.

Operational Insights

Credibl's strategic considerations include:

Market Position: By offering AI-powered ESG data management solutions, Credibl positions itself as a leader in the sustainability tech sector.

Competitive Advantages: Proprietary AI technologies, comprehensive platform offerings, and strategic partnerships provide Credibl with a competitive edge in the market.

Strategic Opportunities and Future Directions

Credibl's strategic roadmap includes:

Product Expansion: Continuously enhancing platform capabilities to address evolving ESG reporting requirements and industry standards.

Market Penetration: Expanding presence in key markets, including the United States, Europe, and Asia, to support a growing global client base.

Innovation: Investing in research and development to introduce new AI-driven features and tools that further simplify ESG data management and reporting.