Credibl expands leadership as companies brace for stricter ESG disclosure rules

Keep up to Date with Latin American VC, Startups News

Sustainable investing has faced turbulence in 2025, particularly in the United States, where the anti-ESG movement has sparked heated political debate. Yet across Latin America, the momentum behind sustainability remains strong — not as a trend, but as an operational and regulatory necessity. From Brazil’s ambitious climate frameworks to Chile’s corporate reporting reforms, companies in the region are aligning with global standards that increasingly demand transparency and data-driven accountability.

For many Latin American enterprises, this shift is not only about meeting environmental targets — it’s about competitiveness. Exporters, multinationals, and tech firms with global clients must now demonstrate verifiable ESG metrics to maintain access to international markets and investment flows. That pressure is reshaping how businesses collect, analyze, and report sustainability data, often turning to AI and digital infrastructure to keep up.

From the Corporate Sustainability Reporting Directive (CSRD) in the European Union to Australia’s ASRS and the ISSB’s IFRS S1 and S2 standards, ESG disclosure has become a legal requirement for the world’s largest companies. New mandates in the Asia-Pacific region now oblige multinationals to report audited environmental and social impacts across their value chains — a development that will soon reach Latin America as well.

Whether to comply with regulations or to strengthen investor trust, enterprises now need reliable ESG data across their operations. Manual reporting through spreadsheets is no longer viable in an era where assurance and transparency are non-negotiable.

Credibl strengthens its leadership

That’s where Credibl, an AI-powered sustainability management platform trusted by more than 150 global organizations, enters the picture. The company announced that Viral Thakker has joined as Co-Founder and Chief Business Officer, bringing nearly three decades of experience in sustainability transformation to help enterprises address their ESG data challenges.

“Viral’s appointment is transformational for Credibl,” said Jitesh Shetty, Co-Founder and CEO of Credibl. “As regulatory requirements intensify and assurance standards tighten, companies need a trusted technology partner who understands both the compliance landscape and the transformation journey. Viral embodies that combination.”

The timing aligns with a new global reality: sustainability reporting is moving from voluntary CSR to mandatory compliance. Credibl’s platform uses AI to automate complex data processes, manage Scope 3 emissions, and produce audit-ready ESG reports that meet international standards.

“Sustainability has evolved from voluntary initiatives to core elements of enterprise risk management, supply-chain resilience, and access to capital,” said Thakker. “Companies that invest in robust data infrastructure now will gain a competitive advantage. Those that delay will face regulatory penalties, investor scrutiny, and barriers to market access.”

The Latin American opportunity

For Latin American businesses, this shift offers both a challenge and a window of opportunity. As the region strengthens its environmental governance and digital infrastructure, companies that adopt AI-driven ESG tools early could position themselves as global leaders in sustainability compliance.

Credibl’s expansion — and the appointment of leaders like Thakker — signals a broader movement: one where technology, regulation, and responsible business practices converge to define the next chapter of corporate sustainability.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep up to Date with Latin American VC, Startups News