You can collect data according to your company’s needs to support the development of sustainability, monitor KPIs, report on sustainability, or calculate the carbon footprint. You can modify the indicators as the requirements change.
Comprehensive ESG data management and reporting
The importance of ESG data in sustainability management
ESG data (environmental, social, and governance data) provides a complete view of a company's sustainability performance. It's essential when setting targets and monitoring performance relating to sustainability. ESG data is complex - it is generated in various company processes, in different forms, at different times and from several different sources, sites, and offices. Managing it all is a real challenge, and compiling and leveraging the data takes sustainability managers a lot of time. Time that could be used to plan, improve and execute your company's sustainability agenda. Investors and financial institutions keep an increasingly close eye on ESG risks linked to the operations of companies. Data-based identification of these risks plays an increasingly important role in company risk management. The transparency and reporting requirements pertaining to sustainability are constantly evolving. You may have to provide reports on sustainability data to meet the needs of many different stakeholders, often in slightly different formats.
Sustainability software to solve your data management challenges
Tofuture CSM (Sustainability Management Software) tool is a service that supports effective sustainability management. It enables you to obtain reliable and fact-based ESG data to support management and monitor sustainability indicators. With Tofuture CSM, you can improve your sustainability reporting to different stakeholders and ensure alignment with relevant standards.
The tool is a cloud-based service (SaaS service), which can be used via a browser anywhere in the world. It is suitable for different types of companies and organizations, regardless of their line of business. Our tool is scalable and customizable to respond to your specific data management needs, enabling monthly, quarterly, or annual tracking across several sites, production facilities, or offices, that your company may operate.
Tofuture CSM allows you to:
– Collect a wide range of ESG data
– Improve your sustainability reporting process
– Manage ESG data generated from different sources
– Respond to the information requirements of financiers and investors
– Ensure that ESG data is collected in the correct format
– Enable up-to-date sustainability data to support management decision-making
– Compile data according to different sustainability frameworks and to meet different reporting requirements
– Enhance the reliability of ESG data and save time.
Manage sustainability at strategic level
Tofuture CSM tool provides a versatile solution for sustainability management and reporting
Systematically collect data
With Tofuture CSM (Sustainability Management Software), you can collect ESG data systematically and more efficiently. A tailored ESG data structure will be built to reflect your organization’s strategic targets, key sustainability indicators, reporting principles, and external reporting requirements.
- Data can be collected in line with various frameworks and standards, such as CSRD, VSME and GRI. Our tool also enables greenhouse gas emission calculation fully aligned with the GHG Protocol.
- Data is collected systematically. The tool provides the user with information on the type, format, and level of data collected.
- Strategies and sustainability requirements change and develop. The way the tool is implemented can be flexibly modified according to changing needs. You can include new indicators in the tool as required.
Decisions based on analysis
Tofuture CSM enables you to have sustainability data in a compatible and understandable format in one location, which makes it easy to consolidate, analyze, and further process data to support decision-making.
Modifiable reports and a versatile BI tool based on Qlik Sense technology enable seamless data analysis. You can analyze data from different viewpoints: get a clear snapshot and overview of your key sustainability indicators or a deeper analysis on a specific indicator.
- Data consolidation and analysis
- Versatile graphs and different table formats for analysis
- Export results to Excel, PDF or image files
Report on and verify sustainability
There are several different sustainability reporting frameworks, and external stakeholders require specific ESG data. With Tofuture CSM, you can ensure that your ESG data aligns with relevant reporting requirements (eg. CSRD, VSME, GRI).
High quality data and data management improves your audit-readiness. With Tofuture CSM, you will have auditable data ready in one place with clear audit trails.
The tool supports
- Reporting in accordance with the CSRD and ESRS, VSME, GRI, CDP, SASB, etc.
- Emission calculation aligned with the GHG protocol
- Monitor indicators in accordance with the UN Sustainable Development Goals
Management
Establishing strategy, setting targets, reviewing performance, and executing incentive schemes are strongly based on performance indicators and data. Tofuture CSM provides up-to-date ESG data, enabling businesses to make smart strategic and operational decisions. With higher quality ESG data produced in a timelier manner to support decision-making, sustainability becomes a natural part of the company’s daily decision-making. With clear ESG data and indicators, sustainability can be integrated into the management’s incentive system.
- Up-to-date ESG data and sustainability indicators
- Management’s dashboard reports on selected KPIs
- Indicators modified in accordance with the strategy
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Key features
for corporate sustainability management
Flexible implementation to collect data
Many ways of collecting data
You can collect data in many ways: manually, downloading to Excel, or automatically using system integrations. You can collect data on a monthly, quarterly, or annual basis. Whatever suits your company best!
Data validation process
Manage every stage of the data collection process to ensure the consistency and quality of the data. Improve your readiness for external verification of sustainability data.
Carbon footprint and handprint calculation
Using data and emission coefficients, the tool calculates the Scope 1, Scope 2, and Scope 3 emissions in accordance with the GHG protocol. You can also calculate your carbon handprint based on data.
Versatile analysis options
Drill deeper into data. Analyze your company’s performance against your sustainability targets, discover the major emission sources, and compare the energy-efficiency of sites and offices using the versatile BI tool (Qlik Sense).
Reporting to management and funding partners
Reliable, integrated, and well-structured ESG data enables you to meet the information needs of management teams, investors, and financiers. The dashboard brings the key sustainability indicators into one view.
Compile data for sustainability reporting
You can make the whole annual sustainability reporting process more efficient. Compile and report data in different ways according to the selected framework (e.g. GRI, SASB, CDP).
Risk identification and analysis
Identify and manage the ESG risks related to your organization’s sustainability and operations based on data and analysis.
The more strategic role the sustainability plays in an organization, the more important value the reliable ESG data has. We are committed to long-term cooperation with our clients for enabling efficient utilization of ESG data.
Riikka Karppinen, CEOTofuture Oy
