Case Study
ESG & Sustainability Report Automation for the Investment Industry
A Global ESG and Sustainability Data and Analytics Solution Provider
Challenge
A global ESG and sustainability data and analytics solutions provider was facing significant challenges in handling the growing volume and complexity of reports. Manual processing was time-consuming and prone to errors, limiting their ability to scale and deliver timely insights to their customers in the investment industry.
Solution
The client implemented the Cognaize platform to automate the processing of ESG documents. Cognaize's advanced AI and machine learning capabilities allowed the client to quickly and accurately extract relevant data from the layout-heavy ESG documents. This automation enabled better data-driven decisions for the client and significantly reduced the time required for data processing
Results
Data Accuracy
The accuracy of data extraction improved to 98%, resulting in more reliable and actionable insights for their customers.
Time reduction
The automation led to a 66% reduction in processing time, enabling the client to handle a larger volume of documents with the same resources.
Operational efficiency
Enhanced operational efficiency by 78% with 4 times faster data collection, allowing the client to focus on higher-value tasks, rather than manual data entry.
Documents Processed
Over the last 6 months, the client has successfully processed more than 150,000 ESG documents using the Cognaize platform.