Zain Group Enhances ESG Reporting with AccelTRACK Platform

September 30th, 2024 7:00 AM
By: Newsworthy Staff

Zain Group partners with Bahwan CyberTek and AccelESG to implement AccelTRACK, an advanced ESG data management platform. This move signifies a major step in Zain's sustainability journey and sets a new standard for ESG reporting in the telecommunications industry.

Zain Group Enhances ESG Reporting with AccelTRACK Platform

In a significant move towards enhancing its environmental, social, and governance (ESG) reporting capabilities, Zain Group, a leading telecommunications provider in the Middle East and Africa, has partnered with Bahwan CyberTek (BCT) and AccelESG to implement the AccelTRACK solution. This advanced ESG Data Management Platform is set to revolutionize how Zain tracks, manages, and reports its ESG metrics across its eight-market operations.

The implementation of AccelTRACK comes at a crucial time when industries worldwide face increasing pressure from stakeholders, regulatory bodies, and customers to improve transparency and accountability in ESG practices. With governments and international regulators implementing stringent compliance measures, including frameworks such as the Corporate Sustainability Reporting Directive (CSRD) in the EU and global reporting standards like GRI and SASB, Zain's proactive approach positions it as a leader in sustainable business practices within the telecommunications sector.

Jennifer Suleiman, Chief Sustainability Officer of Zain Group, emphasized the importance of this implementation, stating, "This agreement will support the company to seamlessly manage ESG data in adherence to complex regulatory requirements. It also reaffirms our commitment and regional leadership in the telecommunications industry in transparency, accountability, and ESG innovation."

The AccelTRACK platform offers several key features that will significantly enhance Zain's ESG reporting capabilities. These include automated ESG data collection and integration, comprehensive reporting with real-time analytics, customizable dashboards for tracking performance against strategic sustainability goals, and ensuring global regulatory compliance. This suite of tools will enable Zain to centralize data from various departments and geographies, reduce manual errors, and create a single source of truth for ESG data.

For Zain, this implementation is not merely a technological upgrade but a crucial component of its broader sustainability strategy. As regulatory scrutiny and stakeholder expectations continue to rise, Zain aims to lead the charge in reporting transparency within the telecommunications sector. This partnership enables the company to focus on sustainable growth while meeting the evolving demands of ESG reporting.

The selection of BCT and AccelESG for this critical implementation underscores the growing demand for advanced ESG platforms like AccelTRACK. It also highlights the strategic role that these companies play in shaping the future of responsible, sustainable business operations across industries. Sanjay Kommera, CEO of AccelESG, expressed excitement about supporting Zain Group on this transformative journey, emphasizing how AccelTRACK's robust and flexible platform will enhance ESG reporting, transparency, and accountability.

Vish Srinivasan, Chief Operating Officer of BCT – MENA and India, echoed this sentiment, stating, "Our collaboration with Zain signifies a critical step forward in supporting organizations to embrace sustainability as an integral part of their business strategy. Through this deployment, we are providing Zain with the tools needed to not only meet current ESG regulatory requirements but to drive meaningful change for the future."

As Zain continues to grow its sustainability initiatives, the robust features of AccelTRACK will play a pivotal role in managing and reporting ESG data at every stage. This partnership sets a new benchmark for ESG reporting in the telecommunications industry and serves as a blueprint for how organizations can effectively integrate ESG into their business DNA, ensuring compliance, accountability, and long-term value creation.

The implementation of AccelTRACK by Zain Group represents a significant step forward in the evolution of ESG reporting and sustainability practices in the telecommunications industry. As companies worldwide grapple with the challenges of meeting increasingly stringent ESG standards, Zain's proactive approach demonstrates how technology can be leveraged to drive meaningful change and set new industry standards for transparency and accountability.

Source Statement

This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,

blockchain registration record for the source press release.
;