From www.icaew.com: EkoIntelligence, a UK AI startup founded by chartered accountants, has developed a sustainability assurance tool that analyzes company environmental statements to identify greenwashing.

The tool builds a historical impact profile and assesses the quality of corporate disclosures by comparing them to over 70,000 documents and various environmental standards.

It aims to provide auditors, investors, and corporate boards with an objective evaluation of a company’s sustainability performance, improving the assurance of ESG statements.