Why ESG Reporting Matters
ESG reporting goes beyond traditional financial metrics, delving into three key areas:
- Environmental Impact: Measurement and disclosure of a company’s environmental footprint, including its carbon emissions, water usage, and waste management practices.
- Social Responsibility: Evaluation of the company’s societal contributions, encompassing aspects such as employee well-being, diversity and inclusion, community engagement, and human rights.
- Governance Practices: Assessment of the organization’s governance structure, transparency, and adherence to ethical business practices.
Challenges and Opportunities
While ESG reporting offers immense benefits, it comes with challenges. Gathering and validating data, aligning with diverse reporting frameworks, and staying abreast of evolving regulations can be daunting. However, overcoming these challenges presents opportunities for innovation, operational efficiency, and increased stakeholder engagement.
Simplify the capture, consolidation, management, analysis and reporting of your ESG data
Envizi’s suite of cloud-based, ESG software products work together in three ways to simplify your ESG reporting:
1: Build a data foundation
A single system of record that delivers auditable, robust ESG data and GHG calculations.
2: Streamline reporting and disclosure
Flexible reporting tools to meet internal and external requirements for comprehensive, and simplified ESG reporting.
3: Accelerate decarbonization
Analytical tools identifying opportunities to reach low carbon goals and track performance against commitments.
Data for ESG reporting doesn’t need to be manual or burdensome. Take control of your data and transform them into insights you can stand behind with IBM Envizi. Ready to simplify your ESG journey? Contact us today!