Triple bottom line cases

In 2020, we implemented a triple bottom line business strategy. This means that we measure the performance of "People", the "Planet" and "Profit". Success in just one area is no longer enough. We want all three to produce results. By the end of 2023 triple bottom line will become an integrated part of the duties and projects undertaken by all our companies, managers and employees. Not just because it's the right thing to do, but because it pays off. The aim is to solve some of the really big challenges currently being faced by society.

Social responsibility is not new to us. We have been working with CSV for more than 10 years. We have progressed from giving money to good causes to going deeper into projects to which we can contribute our knowledge. We have learnt that triple bottom line works best when we use what we are really good at in order to solve big or small social challenges, while simultaneously contributing towards profitability. A good start is to consciously choose to work with clients or projects that have the potential to make a difference in the world. Here are a few examples of things we have done.

OUR CONTRIBUTION TOWARDS SOLVING THE CLIMATE CHALLENGE:

Sustainability reporting to the SME market.

What is your climate footprint and how can you work to reduce it? We believe that we should all be responsible for this, not just world leaders and big businesses. SMEs must also adopt a conscious attitude towards their climate footprint. There is little doubt that statutory requirements relating to the documentation of climate impact will be introduced, both nationally and by the EU. But regardless of that, we all need to contribute. Just imagine the impact, if all SMEs took action today?

It is often harder for the SMB market to make good climate choices on a daily basis and even more so to document and report on climate footprints. Amesto wants to change that and is now offering simple sustainability reporting to the SME market.

Unified against exclusion.

Exclusion is a huge social challenge. That's why we started Amesto Aces. The goal is to create opportunities where others see challenges and to provide young people who have fallen outside the labour market with a career. In collaboration with Salesforce, Amesto Aces is offering young people between the ages of 18 and 30 the opportunity to become certified Salesforce consultants under a 16-week programme. There is a lot to be gained from innovative thinking and, when it comes to staffing, your best employees might not necessarily be the ones you thought. Amesto Aces came about as the result of a joint venture entered into between Amesto and Ahmed Hassan, Liban Khader Salad and Abukar Hassan. They have several years of experience from the social entrepreneur "Ideal Security AS" which is involved in the prevention of exclusion. They were recently named *Social Entrepreneur of the Year 2022" at the NHO's Annual Conference.

amestoaces.no

AI for Good

Cancer Registry of Norway

Is it possible to solve the mystery of cancer by using AI and synthetic data? In 2021 Amesto NextBridge participated in the SAS Hackathon with an intriguing hypothesis: what if we could give researchers access to vast amounts of sensitive data – by using synthetic data – without violating privacy issues? This project facilitates collaboration across several levels and research institutions. It is hoped that this work will revolutionise cancer research.

AI IN THE FIGHT AGAINST BEE MORTALITY

Bee Future.

In 2020, a team from Amesto NextBridge won the SAS Hackathon with their bee project, in collaboration with the company BeeFutures. This project was all about making the lives of bees easier, so that they can live longer and contribute towards the continued production of food for the world’s population. Bees are actually biosensors that can be used for understanding the ecosystem. By using AI and advanced video analysis of hives in order to analyse the bee dance, we can see where the bees have collected their food from and where beekeepers need to move their beehives in order to make the bees' work easier..

RED CROSS USING AI FOR

Responding faster to crises.

The Red Cross and Amesto have undertaken a vital project. The aim was to ensure that the Red Cross could respond more quickly and efficiently to the COVID-19 crisis on a global basis. The International Federation of Red Cross and Red Crescent Societies is active in 192 countries with 160,000 local branches. The challenge involved all of these submitting free text reports on the status of COVID-19 challenges on a regular basis. Around 70% of these reports were in English, while the remainder were in various local languages. Reading and understanding them took time and it was thus virtually impossible to prioritise contributions and the use of resources. Amesto NextBridge used the very latest advances in natural language processing (NLP) in order to ensure that the text analyses were up to human standards. The algorithm rapidly read all of the thousands of reports, categorised them and understood them. As a result help was able to to arrive quickly and efficiently.

Vital for the Red Cross – a world of opportunity for everyone else.

MENTAL HEALTH | POWER BI

Can the use of technology help to improve poor mental health?

Psychologist and researcher Harald Bækkelund led the Power BI project for NKVTS (the Norwegian Centre for Violence and Traumatic Stress Studies). He explains that they saw early on that Amesto’s solution could help to reduce treatment waiting times so that therapists could provide help faster and more efficiently than previously. When attending a consultation, patients answer questions and immediately afterwards the therapist receives a report containing graphs. The therapists are also presented with important information such as suicide risk alerts, allowing the treatment provider to ask additional questions in order to identify any underlying factors and to facilitate quick and appropriate treatment.

Sandwich Brothers | Sorbet Sisters.

Amesto has been collaborating with Sandwich Brothers and Sorbet Sisters since 2018. These companies are social entrepreneurs who help new Norwegians to enter the labour market. Their slogan is "Playing it cool on the integration front”. A great expression when producing and selling organic sandwiches and lollypops to private individuals and businesses. Through this work they are developing the expertise of their employees and offering work experience, language training and networks. To put it simply, they serve as a stepping stone to Norwegian business and industry.

Sandwichbrothers.no

Port of Bergen

Europe's most sustainable and innovative port?

The Port of Bergen has set ambitious goals. Not only do they wish to appear as being attractive to customers, visitors and the local community, they also want to be a zero-emission port. Today, 80% of the global transport of goods takes place by sea. The shipping sector accounts for 2.5-3% of global GHG emissions, but this figure will rise to 10% by 2050 if we continue on our present course. In Norway GHG emissions for shipping and fisheries amount to 7%, but the Norwegian Shipowners' Association is aming to become climate neutral by 2050.

Our task is to help the Port of Bergen to achieve its goals. Amesto Solutions will deliver a solution so that the Port of Bergen can follow the developments of important KPIs, such as the "Environmental Port Index" and "environmentally differentiated port charges". We will simplify, digitise and automate these processes in our operations, and we will gather insights from a variety of sources in a scalable data warehouse in the Cloud. Finally, everything will be entered in a Power BI reporting solution.

Charge

Platform for inclusion.

Many immigrants possess the knowledge, abilities, perspectives and motivation to create value and contribute towards new jobs, but they lack a platform for realising their potential and ideas. Charge wants to do something about that. Charge is a startup incubator for immigrants. The founders of Charge are receiving help for a whole range of things including professional networking, legislation and regulations, cultural challenges and understanding of how the public sector works in Norway. Amesto Toptemp became part of this collaborative venture in 2018 and has contributed the search and recruitment expertise required in order to strengthen the Charge platform.

PRO-Bono

SoCentral.

SoCentral was formed in 2012 by founders Cathrine Skar, Thomas Berman and Håkon Iversen. They wanted to create a meeting place for people who are working to solve various social challenges. Small-scale businesses like this often have little knowledge about finances and accounting and they do not have the funds to obtain help either. Amesto's task was to provide financial and accounting knowledge in order to enable as many of SoCentral’s companies and projects as possible to succeed. In return, we obtained constructive sparring partners and were allowed to contribute towards projects that could be highly valuable to society. This collaborative venture lasted from 2018 to 2022.

See what Finansavisen writes

UN Global Compact

YSIP.

UN Global Compact Norway is organising the Young Sustainable Development Goals Innovators programme. YSIP is a ten-month acceleration programme aimed at young professionals between the ages of 18 and 35. Their aim is to encourage innovation and innovative solutions that can create social and market values. Amesto participated for the first time in 2021, with three participants who were working on the development of climate accounting.

SMALLER CLIMATE FOOTPRINT

for Blomsterringen.

Blomsterringen is Norway’s leading flower wholesaler. From a turnover of NOK 14 million at start-up in 1983, they now have a nationwide turnover of NOK 1.3 billion. They believe that automated processes are required in order to reduce the company's climate footprint. Better production planning, more efficient order management, better transport planning and better insight are helping to reduce unnecessary pollution as a result of incorrect order and transport estimates.

"Automated processes are not only smart for us as a company, they are also smart for the environment. Smarter solutions pave the way for increased sustainability and good synergies. Growing things ourselves and having things that are locally produced is important, and we therefore want to ensure local Norwegian production. We will benefit from it." To put it briefly: Less waste and better utilisation of resources.

NEwork for inclusion

CEO Commitment.

Amesto is part of "CEO Commitment". Diversity, Equity and Inclusion Pledge. The aim is to bring together key leaders, decision-makers and personalities from companies and organisations who believe in the value of diversity in the workplace. Increased diversity and inclusion in businesses requires solutions both within and across organisations. CEO Commitment is the first network for leaders who have taken the step to prioritise diversity and inclusion at a strategic level. So far 66 organisations have signed up and 39 industries are represented, affecting 43,709 employees.

CEO Commitment

Pro-bono

Joint venture with Restarters.

Restarters are doing an important job for our planet. Their goal is to help us get rid of the "use and dispose" mentality that currently exists in society. We need to repair electronics rather than simply buy new items. The company has created meeting places where people can meet and repair equipment. They hold workshops and lectures for the corporate market and they teach companies to take care of their electronic equipment so that it lasts longer and does not need to be replaced with new products. Amesto collaborated with Restarters between 2021 and 2022.

Would you like to know more about Restarters?