ESG Reporting
Measure and report your environmental, social, and governance performance
Measure and report your environmental, social, and governance performance
The demand for more transparency and comparability in Environmental, Social, and Governance (ESG) reporting has increased reporting regulations on your company’s business operations. Your corporate performance management must involve more than your regular profit & loss, balance sheet and cash flow statements. This will add additional processes to your periodic corporate or group reporting process. Integrating your financial and ESG reporting process helps to ensure that your strategic decisions are based on two equally important drivers of corporate performance.
ESG reporting should give insights into the following three pillars:
When you have the right data available, leading to actionable insights into your company’s Financial and ESG performance, it helps identify and manage potential risks and opportunities related to Finance and ESG . In addition, it demonstrates your company’s commitment to sustainable business practices. Integrating ESG into your corporate performance management will help you assess, manage and communicate your ESG performance hand-in-hand with your financial performance.
Report efficiently: Automated, timely, and auditable ESG reporting against various regulations, standards, and ratios.
Comply with regulations: Many countries and regions have regulations that require companies to report on ESG factors. Failure to comply with these regulations can result in time-consumnig procedures from legal action, fines and damage to reputation.
Retrieve Actionable Insights: Establish interrelationships between financial, operational and sustainability performance.
Analyse data at a level of granularity that allows decision-making and targeted actions for business units, departments, and locations.
Manage risks: ESG factors can pose significant risks to companies, such as environmental disasters, supply chain disruptions, and reputational damage. Reporting on these factors helps companies identify and manage potential risks.
Steer your company: realise a holistic understanding and performance management across social, environmental, and financial indicators.
Build Confidence and Trust: Gain trust among your stakeholders by creating reliable transparency on your ESG performance.
Engage Stakeholders: Investors, customers, employees, and other stakeholders are increasingly interested in the social and environmental impact of companies. ESG reporting provides transparency and accountability, allowing stakeholders to make informed decisions.
Improved reputation: ESG reporting helps companies to build a positive reputation by showing that they are committed to sustainability, social responsibility, and ethical practices.
With our experience in simplifying complex business processes and data governance, we help you in your journey to integrate ESG reporting into your corporate performance management solution. We are your partner in understanding and complying with ESG reporting regulations and developing your integrated reporting process.
Cpmview unifies, modernises, and simplifies Finance and ESG, using innovative technologies, from record to decision-making, to help companies to make faster and better-informed strategic decisions.