The importance of ESG data in sustainability management
ESG data (environmental, social, and governance data) provides an up-to-date view of sustainability. It's required in order to set targets for the sustainability of your operations and monitor their performance. There is a lot of data on the sustainability of operations. Sustainability data is generated in different forms, at different times and from several different sources, sites, and offices. Managing it all is a real challenge, and compiling and editing the data takes sustainability specialists a lot of time. Time that could be used to improve sustainability. Investors and financiers keep an increasingly close eye on the ESG risks linked to the operations of companies. Data-based identification of the risks linked to sustainability plays an increasingly important role. The transparency and reporting requirements pertaining to sustainability are constantly evolving. You have to provide reports on sustainability data to meet the needs of many different stakeholders, often in slightly different formats.
Tofuture CSM tool meets the following challenges
The Tofuture CSM (Sustainability Management Software) tool is a service that supports sustainability management. It enables you to obtain reliable and fact-based ESG data to support management and monitor sustainability indicators. You can also improve your sustainability reporting to different stakeholders. 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, that have set strategic sustainability targets, develop sustainability, report on the development of sustainability on a monthly, quarterly, or annual basis, and have several sites, production facilities, or offices, the operational sustainability of which it measures.
Tofuture sustainability management software allows you to:
– Collect a wide range of sustainability data
– Improve the process to create sustainability reports
-Manage sustainability data generated from different sources
– Fulfill the information requirements of financiers and investors
– Ensure that sustainability data is collected in the correct format
– Enable up-to-date sustainability data to support the management’s decision-making
– Compile data according to different sustainability frameworks and to meet different reporting requirements (for the management, for annual reporting, and for different stakeholders)
– Enhance the reliability of sustainability data and save time. Sustainability experts can focus on the analysis of sustainability data and the further development of the sustainability of operations.
