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ACTUAL’s Sustainability Transformation Platform Receives Fast Company’s 2023 Innovation by Design Award

ACTUAL was recognized within the ‘Sustainability’ category as an honorable mention
Celebrating more than a decade of Innovation by Design, the 2023 honorees include nearly 500 projects, products, and services from Rivian, PepsiCo, Canva, and others.

San Francisco, CA – WEBWIRE

ACTUAL, a company designed to help organizations embed sustainability into their business models and meet net-zero and corporate pledges, was honored by Fast Company’s 2023 Innovation by Design Awards for its Sustainability Transformation Platform.

ACTUAL is supporting organizations across various industries by creating an easy-to-use, model-first, interactive environment that takes sustainability planning to a whole new level, unlike existing ESG and sustainability tools that focus on hard-to-follow clunky spreadsheets. Inspired by game-like mechanics from SimCity, ACTUAL’s interface offers a user-friendly sandbox that allows business leaders to build a tangible and moldable plan of action even ahead of detailed data collection. While existing data is a powerful tool for business as usual, relying on it for transformation planning can lock businesses into narrow thinking and cause analysis paralysis.

“Our recognition as a 2023 Innovation by Design honoree is a testament to ACTUAL’s contributions to the ever-evolving sustainability landscape,” said Karthik Balakrishnan, President and Co-founder of ACTUAL. “We look forward to continuing to enable global businesses with the ability to more readily meet their sustainability goals and standards.”

The Innovation by Design Awards, highlighted in the September 2023 issue of Fast Company and on newsstands August 29th, honor the designers and businesses solving the most crucial problems of today and anticipating the pressing issues of tomorrow. The competition, now in its 12th year, features a range of blue-chip companies, emerging startups, and hungry young talents.

The judges include renowned designers from a variety of disciplines, business leaders from some of the most innovative companies in the world, and Fast Company’s own writers and editors. Entries are judged on the key ingredients of innovation: functionality, originality, beauty, sustainability, user insight, cultural impact, and business impact.

To see the complete list, go to


Founded in 2018 by a team of software engineers, game designers, and clean transportation and supply chain experts, ACTUAL is a first-of-its-kind Sustainability Transformation Platform designed to help companies embed sustainability into their business models and meet net-zero and corporate pledges. With minimal data, ACTUAL delivers a living ESG strategy that is always up to date, in compliance with evolving standards, and available for stakeholder inspection. ACTUAL’s platform has been recognized by Business Intelligence Group as a 2022 Sustainability Product of the Year, a TIME Best Inventions 2022 winner and an honoree of Fast Company’s 2023 Innovation By Design Award. ACTUAL is backed by Buckley Ventures, Hyper, Social Impact Capital, Wndrco, Sequoia Scout, Signalfire Scout, Craft Scout and Global Founders Capital. For more information, visit

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at


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