ESG reporting is a crucial element for understanding business risk and opportunity. The need is growing for comparable, decision-useful data that helps companies, investors, and regulators assess ESG performance. The right solution helps you easily consolidate ESG performance indicators for mandatory and voluntary disclosures.
Environmental, social, governance (ESG) reporting is a growing requirement due to customer and investor requirements, new standards, and evolving regulations. ESG data spans across environmental resources, to human capital management, and corporate governance. ESG programmes, new and mature alike, face the challenge of efficiently reporting to demonstrate value and mitigate risk.
In order to be successful, practitioners need to find organizational alignment, select realistic metrics and frameworks to measure against, and unify data acquisition and analysis to drive meaningful outcomes.
When ESG data comes from complex sources, inefficient processes put programmes at risk of becoming reactionary instead of strategic - especially for teams with limited resources.
Effortlessly manage and integrate data from your organisation to create formatted reports for ESG rating service providers. Natural resource, human capital, supply chain metrics, and more are automatically transformed into ESG-ready data that investors rely on.
Specify and aggregate natural resource impact - including water use, energy consumption, and waste generation - from your facilities, and automatically calculate greenhouse gas (GHG) footprints to see how environmental sustainability initiatives are performing against targets.
Assess third parties to determine their sustainability efforts. Benchmark results against a broader pool of suppliers. Integrate results with RFP/RFI process and with Scope 3 data capture that third parties require for reporting.
Integrate supplier data with NAVEX ESG to manage responsible sourcing of conflict minerals. Ensure suppliers are Dodd-Frank Conflict Mineral compliant. Create Conflict Mineral Report Template (CMRT) reports ready for SEC Form SD filing.
Conduct current v. future state assessment.
Define programme scope for the next 1-2 years and who needs to be involved.
Select communication plan for internal and public progress including reporting framework(s).
Establish repeatable workflows for sustainability management and responsible supply chains.
Visualise results for benchmarking and trends.
Plan for actionable improvements.