London, UK - February 13, 2024 - ESG Base, the pioneering provider of advisory, technology and data solutions for financial organisations and businesses, has successfully completed the Service Organization Control (SOC 2) Type I compliance. This achievement is part of ESG Base’s company-wide commitment to ensuring it delivers the highest standards of security for customers.
“At ESG Base, security-by-design is fundamental to how we build and operate our products and services. This SOC 2 Type 1 report is a testament to the rigorous efforts we undertake to safeguard data integrity and ensure client trust. It's a milestone in our journey to continuously elevate our security standards and provide unparalleled peace of mind to our valued clients.” says Dr. Dev Majumder, ESG Base co-founder and CEO.
SOC 2 Type I audits are designed to provide third-party assurance that organisations conform to the American Institute of Certified Public Accountants ("AICPA") SOC 2 standard and are managing data in a controlled and audited environment.
After completing a SOC 2 audit by Modern Assurance LLC, ESG Base was awarded a SOC 2 Type 1 report on the organisation’s controls relevant to security.
ESG Base’s audit was completed with the help of Secureframe, a platform that enables organisations to obtain and maintain global compliance standards and continuously track, monitor, and remediate any compliance needs.
“Undergoing the SOC 2 compliance was a profound learning experience for us, enabling us to enhance our offerings in unique ways.” says Levent Yungul, ESG Base’s co-founder and COO. “We quickly realised that data security and privacy were not just requirements for conducting business; they were mechanisms for value creation.”
About ESG Base
ESG Base is a global premium provider of advisory, technology and data solutions enabling financial organisations and businesses to achieve their sustainability and responsible investment ambitions. ESG Base offers advisory services and technology solutions for fund managers and investors to benchmark the sustainability credentials of their portfolio, determine the sustainability risks and impact of their investments, and monitor performance throughout the investment lifecycle. ESG Base is supported by London Business School, The University of Cambridge, Santander Bank, European Regional Development Fund, London Fintech Innovation Lab, and has been part of the G20 InfraChallenge building better, innovative and resilient infrastructure.
About Secureframe
Secureframe empowers businesses to build trust with customers by automating information security and compliance. Thousands of fast-growing businesses such as AngelList, Ramp, Remote, and Coda, trust Secureframe to simplify and expedite their compliance journey for global security and privacy standards such as SOC 2, ISO 27001, PCI DSS, HIPAA, GDPR, and more. Backed by top-tier investors and corporations such as Google, Kleiner Perkins, and Accomplice Ventures, the company is amongst the Forbes list of Top 100 Startup Employers for 2023.