Record and Manage Environment, Social and Governance Data quickly and accurately
Share measurable progress in achieving ESG goals. A KPI Dashboard shows all the key data your stakeholders need to see. Data gathering is quick and simple by using forms that allow data to be input across the organisation. As with all our products our forms are highly configurable and can use existing standards (e.g. GRI) or you can create your own templates.
The management of an organization’s effects on the environment, society, and economy requires the collection and reporting of ESG data, which can also enhance performance in terms of openness and accountability.
Collection Techniques
ESG data can be collected and reported in a variety of ways, and the best method will depend on the particular circumstances of the company and the stakeholders it wants to involve. Typical techniques for collecting ESG data include:
Self Reporting
To communicate their ESG performance, many firms rely on information they have provided on their own, generally in the form of sustainability reports or other disclosure documents. These reports, which can be created using a range of different frameworks and standards and typically include details on the organization’s environmental impacts, social performance, and governance processes.
Third-Party Data Suppliers
A wide range of third-party data providers, including firms like MSCI, S&P Global, and FTSE Russell, provide ESG data and ratings. The ESG performance of a company is often assessed by these providers using a variety of indicators, and they then offer ratings or scores that can be used to evaluate the firm in relation to its peers.
Participant involvement Engaging with stakeholders like clients, workers, and local communities can be a useful source of information.
Stakeholder Sharing
Once an organization has gathered its ESG data, it will typically need to report on this data in some way in order to share it with stakeholders. There are many different approaches to reporting ESG data, including:
Sustainability reports: As mentioned above, sustainability reports are a common way for organizations to communicate their ESG performance. These reports can be prepared using a variety of different frameworks and standards, such as the Global Reporting Initiative (GRI) Standards or the Sustainability Accounting Standards Board (SASB) Standards.
ESG data portals: Many organizations now have dedicated ESG data portals or sections on their websites where they share information about their ESG performance. These portals can include a wide range of data, including financial, environmental, and social metrics, as well as information about the organization’s governance practices.
Disclosures to investors: For publicly traded companies, ESG data is often included in annual reports and other financial disclosures to investors. This can include information on the company’s environmental impacts, social performance, and governance practices, as well as its financial performance.
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Sustainability and Social Responsibility!
We’ve built on our 35 years’ experience in the HSE space to develop an easy to use and highly configurable tool which will help to make the process of ESG data gathering and reporting more effective.
Available via secure cloud hosting the ESG system is delivered via our AWS cloud hosted servers and underpinned by our commitment to Information security. Our ISO 27001 accreditation means that we are one of a relatively small percentage of SaaS product providers who can demonstrate a true commitment to protecting the critical data of their customers
Please get in touch for a more detailed demonstration and to hear about how companies worldwide use the Pisys HSE suite to ensure safety and compliance.
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