Supply Chain Sustainability School (UK)’s Post

ESG Reporting Series >> With ESG objectives come data challenges: tracking milestones, navigating regulatory demands, and proving progress. Many businesses look for new tools to help with ESG reporting.     But, with so many platforms and tools out there, how do you make the right investment? Or maybe you’ve already made a choice, only to find it wasn’t the silver bullet you hoped for.     The truth? New tools alone won’t cut it. The key is untapped potential in your existing data ecosystem.      By aligning your operations with ESG goals, you can transform your workflows and processes into a strategic asset for reporting. You can embed ESG data management and reporting into everyday operations across the organisation.     Ready to make your ESG reporting simple, operational, and resilient? Discover ESG123 - BizCubed's new data engineering service suite: https://lnkd.in/gsCrtJzB     #ESG #DataEngineering #Sustainability #Compliance #DataEcosystem #WeAreDataEngineers   

Looking to measure and report ESG progress? Download our free report “Maximizing ROI with ESG Data Management” and start moving your business forward 📈 https://lnkd.in/gUTxd_wZ Our team of experts joined forces for our latest report, deep-diving into digitally disruptive, AI-driven tools and strategy that can streamline every step of your sustainability journey, and ensure compliance with growing standards and regulations. Benoit Foucque | Xavier Rizos | Patchareeboon Mam S. | Leo Cerda | Nuran Kasthuriarachchi #PALO IT #ESGforROI #TechForGood #ESG #Sustainability #BusinessInsights

Lead the ESG Revolution with Transparent Reporting! At Dataphoria, we know ESG reporting is non-negotiable. A solid report can push you ahead, but even a tough one beats no report at all. Use our real-time data integration solutions to nail your reporting and focus on what truly matters: progress and impact. Gain recognition, certifications, and elevate your market position. Visit our website to see how we can help you streamline your reporting and meet global standards. Learn more: www.dataphoria.gr #ESG #Data #Dataphoria #Reporting

ESG reporting matters. And transparent, automated ESG #data pipelines can streamline the whole process, leaving time for the important things - progress and impact. #DataforGeen #ESG

🌐The Evolving landscape of ESG data 👇👇👇 While a universal framework may remain elusive, let's explore the key areas where standardization can drive transparency, consistency, and meaningful impact in the realm of sustainability. 1.Disclosure Requirements: - Reporting Standards: Standardizing ESG disclosure requirements can ensure consistency and comparability across companies, enabling investors and stakeholders to make informed decisions. - Materiality Assessment: Establishing guidelines for identifying and reporting material ESG factors can help companies prioritize issues that are most relevant to their business and stakeholders. 2.Metrics and Measurement: - Key Performance Indicators: Standardizing ESG metrics and measurement methodologies can facilitate benchmarking, performance evaluation, and trend analysis, promoting accountability and driving continuous improvement. - Data Quality Assurance: Implementing standards for data collection, verification, and reporting can enhance data integrity, reliability, and trustworthiness, bolstering confidence in ESG disclosures. 3. Engagement and Collaboration: - Industry Collaboration: Encouraging collaboration among industry stakeholders, standard-setting bodies, and regulatory authorities can foster the development of common frameworks and best practices for ESG reporting and governance. - Investor Dialogue: Engaging with investors to understand their information needs and preferences can inform the standardization process and ensure alignment with investor expectations and market trends. 🔹 Analytics 👇: - 📊 Market Demand: A survey by McKinsey & Company found that 70% of institutional investors consider standardized ESG reporting essential for making investment decisions, highlighting the growing demand for consistency and comparability in ESG data. - 💡 Investor Confidence: Research from the Principles for Responsible Investment reveals that 90% of investors believe standardized ESG disclosures improve investment decision-making and contribute to better risk management and performance. - 📈 Regulatory Trends: Empirical data from the Global Reporting Initiative shows that regulatory initiatives requiring ESG disclosure are proliferating globally, underscoring the need for standardized frameworks to facilitate compliance and transparency. 🔹 While achieving universal standardization may be challenging, focusing on key areas such as disclosure requirements, metrics, and collaboration can pave the way for greater transparency, accountability, and impact in the ESG space. 💡 Are you contributing to the standardization of ESG data and drive positive change? Let's work together to build a more sustainable and transparent future for all! #ESGReporting #DataStandardization #SustainableInvesting #CorporateGovernance #ESGData #Standardization #Sustainability Pic source: resonanceglobal.com

HOW TO LEVERAGE DATA FOR ESG SUCCESS? Data is the backbone of an effective ESG strategy. Leveraging accurate and comprehensive data allows your clients to measure, manage, and improve their ESG performance.  How will you get the most of your clients’ ESG data? Data Collection:  Ensure they are collecting, preparing and cleaning relevant and high-quality ESG data. Assessment:  Explore data and perform gap assessment to uncover insights and identify areas for improvement. Reporting:  Present ESG data transparently to key stakeholders through clear and comprehensive reports. By effectively leveraging data, you can drive continuous improvement and demonstrate your commitment to sustainability. Partner with us to explore the long-term benefits of a proven data validation methodology! https://lnkd.in/eSQmH2NT #datacollection #datavalidation #esgreporting #gapassessment #ESGimprovementareas #myesgconsole

🌐The Evolving landscape of ESG data 👇👇👇 While a universal framework may remain elusive, let's explore the key areas where standardization can drive transparency, consistency, and meaningful impact in the realm of sustainability. 1.Disclosure Requirements: - Reporting Standards: Standardizing ESG disclosure requirements can ensure consistency and comparability across companies, enabling investors and stakeholders to make informed decisions. - Materiality Assessment: Establishing guidelines for identifying and reporting material ESG factors can help companies prioritize issues that are most relevant to their business and stakeholders. 2.Metrics and Measurement: - Key Performance Indicators: Standardizing ESG metrics and measurement methodologies can facilitate benchmarking, performance evaluation, and trend analysis, promoting accountability and driving continuous improvement. - Data Quality Assurance: Implementing standards for data collection, verification, and reporting can enhance data integrity, reliability, and trustworthiness, bolstering confidence in ESG disclosures. 3. Engagement and Collaboration: - Industry Collaboration: Encouraging collaboration among industry stakeholders, standard-setting bodies, and regulatory authorities can foster the development of common frameworks and best practices for ESG reporting and governance. - Investor Dialogue: Engaging with investors to understand their information needs and preferences can inform the standardization process and ensure alignment with investor expectations and market trends. 🔹 Analytics 👇: - 📊 Market Demand: A survey by McKinsey & Company found that 70% of institutional investors consider standardized ESG reporting essential for making investment decisions, highlighting the growing demand for consistency and comparability in ESG data. - 💡 Investor Confidence: Research from the Principles for Responsible Investment reveals that 90% of investors believe standardized ESG disclosures improve investment decision-making and contribute to better risk management and performance. - 📈 Regulatory Trends: Empirical data from the Global Reporting Initiative shows that regulatory initiatives requiring ESG disclosure are proliferating globally, underscoring the need for standardized frameworks to facilitate compliance and transparency. 🔹 While achieving universal standardization may be challenging, focusing on key areas such as disclosure requirements, metrics, and collaboration can pave the way for greater transparency, accountability, and impact in the ESG space. 💡 Are you contributing to the standardization of ESG data and drive positive change? Let's work together to build a more sustainable and transparent future for all! #ESGReporting #DataStandardization #SustainableInvesting #CorporateGovernance #ESGData #Standardization #Sustainability Pic source: resonanceglobal.com

When it comes to ESG reporting, investors want the information to be clear, consistent, comparable and of course accurate. Here are some key variables that companies should strive for when compiling ESG data:    -Provide both raw and normalized data  -Align data to the fiscal year as well as business ownership model  -Use consistent global standards to facilitate comparability  -Provide an objective view that includes both favorable and unfavorable data  -Consider having the data assured 

HOW TO LEVERAGE DATA FOR ESG SUCCESS? Data is the backbone of an effective ESG strategy. Leveraging accurate and comprehensive data allows your clients to measure, manage, and improve their ESG performance.  How will you get the most of your clients’ ESG data? Data Collection:  Ensure they are collecting, preparing and cleaning relevant and high-quality ESG data. Assessment:  Explore data and perform gap assessment to uncover insights and identify areas for improvement. Reporting:  Present ESG data transparently to key stakeholders through clear and comprehensive reports. By effectively leveraging data, you can drive continuous improvement and demonstrate your commitment to sustainability. Partner with us to explore the long-term benefits of a proven data validation methodology! https://lnkd.in/e6awgNtx #datacollection #datavalidation #esgreporting #gapassessment #ESGimprovementareas #myesgconsole

As ESG reporting standards continue to evolve, data analytics is a game changer for companies looking to meet disclosure requirements. 🚀 With tools like TeamMate Analytics, organizations can automate data collection, clean and normalize information, and generate reliable ESG reports. This means more accurate data, better decision-making, and fewer risks of greenwashing or incomplete reporting. Dive into how ESG data analytics supports better reporting. #ESGReporting #InternalAudit #RiskManagement #ESG #DataAnalytics #Sustainability