The Corporate ESG Dashboard is designed to help companies address the increasingly complex challenges associated with ESG data management and disclosure. Companies face growing demands from stakeholders, including investors, regulators, and customers, to demonstrate their commitment to sustainability and manage their ESG risks effectively.
The tool provides companies with a one-stop performance assessment and reporting solution, combining granular data, analytics, and disclosure assets. The platform solution enables companies to manage, evaluate, and enhance their sustainability performance and reporting by accessing over 450 ESG metrics per company, which are meticulously sourced, verified, and updated daily.
The Corporate ESG Dashboard also helps companies to benchmark their ESG performance against industry peers and navigate reporting requirements using the world’s largest policy and regulation database. It enables companies to disclose, validate, and update their corporate ESG data in real-time, directly to stakeholders. Additionally, the tool empowers stakeholders such as investors, banks, and consultants to analyze corporate sustainability performance in granular detail to identify non-financial risks and opportunities.
The tool is handy given companies’ rising costs to procure and analyze ESG data. Research from consulting firm ERM has shown that public companies spend up to $480,000 on annual ratings-related costs. As a result, a third of companies surveyed had low confidence that ratings accurately reflected their ESG performance. The Corporate ESG Dashboard provides a better approach to ESG data management, enabling companies to take ownership of their ESG data and transform how they manage and report on sustainability issues.
ESG Book is a global leader in sustainability data and technology and offers a range of sustainability-related data, scoring, and technology products. Its SaaS data management and disclosure platform enables companies to own their data and disclose directly to stakeholders in real time against multiple frameworks. In addition, with the Corporate ESG Dashboard, companies have a powerful new tool to manage their sustainability performance and effectively demonstrate their commitment to ESG issues.
Dr Daniel Klier, CEO of ESG Book, said: “Companies today face the challenge of integrating ESG factors into their business strategy and decision-making processes, whilst ensuring data accuracy and effective communication. However, with ESG ratings often based on opaque and inconsistent information, corporates increasingly require a better approach to ESG data in order to meet stakeholder demands and navigate ever more complex regulation.”
