28-09-2023

The platform measures ESG performance using proprietary algorithms and data and is targeted at companies and banks.

Almawave S.p.A., an Almaviva Group company listed on the Euronext Growth Milan (Ticker: AIW) operating in the Artificial lntelligence (Al), natural language processing and Big Data services sector, announces that its subsidiary The Data Appeal Company, a company engaged in the development of vertical Al analytics solutions, and a leader in tourism, fintech and location intelligence, has presented D/AI ESG, a new ESG Scoring solution far banks and companies.

This is the first ESG Scoring tool that integrates information provided by the company with proprietary algorithms, data and KPls from Almawave and The Data Appeal Company, which are combined with a range of constantly updated information on issues of sustainability and inclusion. D/ Al ESG provides users - whether they are ESG managers, company executives or figures involved in implementing ESG performance within their departments - with a range of different functions.

lt is based on a rapid, automatic entry system whose simplicity and ease of use distinguish it from the solutions that are currently available. Among other features, the platform is able to measure ESG performance at various levels of detail and analyze the extent of compliance with international regulations, frameworks and measurement standards. D/AI ESG also allows the user to identify action areas and measures to be taken to improve the sustainability of their organization and to benchmark against the industry average and major competitors. AII of this is offered alongside the possibility of full integration with existing business systems, even in complex circumstances.

To enrich the system's functionality, it is connected to The Data Appeal Company's proprietary indices, namely the Fair lndex, the Destination Sustainability lndex, and the LGBTQ+ lndex. This are able to monitor a company's Corporate Social Responsibility (CSR), sustainability and inclusion measures and perceptions.

D/AI ESG also returns an ESG score with concise and intuitive results alongside advice and guidance far improving performance.

Valeria Sandei, Chief Executive Officer of the Almawave Group: "Artificio/ lntel/igence can be an al/y in providing simple, intuitive too/s that support companies in their search far efficiency, regardless of the sectors in which they operate. The market /aunch of O/Al ESG a/so confirms the pivotal rote p/ayed by environmental, socia/ and governance issues within the strategy of our Group, which is committed to not only improving its own journey to sustainability with c/ear choices and targeted projects, but a/so to offering its techno/ogies to support customers and partners in their respective processes. "

Mirko Lalli, CEO & founder of The Data Appeal Company and Chief Group Digitai Strategy Officer of Almawave: "Against the current backdrop, in which every organization is ca/led with increasing urgency to measure its ESG performance to respond to the Sustainable Deve/opment Goals, the particular characteristics of this software - ease of use, the availability of a large amount of data and the support it is ab/e to guarantee to users - makes it a true strategie al/y in value creation from a sustainability perspective".
The platform's ESG scoring model is compliant with major international measurement standards and covers the individuai features of over 70 economie sectors, ensuring that the customer and supplier engagement process is effective and automated.