An Integrated Approach to ESG Reporting Software
With an integrated Environmental, Social, and Governance (ESG) reporting software solution, you can streamline your data collection, analysis, and reporting processes and comply with various sustainability disclosure directives, such as CSRD, ISSB, and SASB, while optimizing performance and building trust with stakeholders.
Is Your Team Struggling to Report on ESG Data?
Frequent Mandate Changes Leave Your Team Struggling to Keep Up
Newly issued regulatory recommendations or mandates often lack specificity and are subject to multiple iterations, causing companies to adapt each time an update is made.
Delaying Compliance Means More Work and Less Success
Companies that choose to postpone complying with regulations often don’t realize how much work it entails until it is too late. Stakeholders expect transparency and accountability from companies; ESG reporting is a crucial way to demonstrate it. Delaying ESG reporting could harm a company’s ability to attract and retain investors.
Manual Processes Put You at Risk
Gathering the data needed for ESG reporting will likely require establishing new reporting integrations or collaborating with a new team of internal stakeholders. Manually compiling data is error-prone and timely-consuming, causing a risk of non-compliance. This could harm your company’s reputation.
Simplify Your ESG Data Collection Process
Easily collect and consolidate ESG data from various sources and systems, such as your ERP, HRM, CRM, SCM, and sustainability management systems. Collect ESG data alongside your financial data for consistency and completeness. Store your data in your chosen ESG standard’s taxonomy, including ESRS, IFRS S1, IFRS S2, and SASB.
Tag and File Your ESG Information in XBRL Format
ESG standards, such as ESRS, include a set of XBRL tags corresponding to the ESG indicators and concepts defined by their associated standards body. With a user-friendly interface and built-in validation, you can tag and file your ESG information reliably in XBRL format.
Optimize Your ESG Performance with Data-Driven Insights
Don’t wait until the end of the year to measure and improve your ESG performance and strategy. Empower your internal stakeholders to access and analyze ESG data anytime, anywhere, fostering a culture of sustainability and accountability throughout your organization. Use rich, interactive dashboards and reports to regularly monitor your ESG performance and ensure your ESG goals align with your business objectives. Then, communicate your progress to your investors and other stakeholders.
Create Glossy Reports for Your ESG and Financial Information
Create glossy reports that combine your ESG and financial information – linking sustainability and value creation – to meet the needs of your investors and other stakeholders. Create professional and engaging reports using graphics, charts, and images based on the same data as your XBRL filing. This way, you avoid duplicating effort and ensure you work with consistent data. Customize your reports according to your industry, jurisdiction, and stakeholder needs.
Support Multiple ESG Taxonomies and Jurisdictions
Support multiple standards’ taxonomies and regulatory jurisdictions in one tool to simplify ESG reporting while adapting to the evolving ESG reporting landscape. Align your ESG and financial reporting with a single tool to support different disclosure requirements and standards. File and publish your ESG and financial information in multiple jurisdictions using just one tool.
How to Choose a Disclosure Management Software Solution
Financial professionals know the quarterly drill of yet another period close all too well. That’s when the disclosure process — that time-consuming, manual, error-prone proposition — takes center stage.
Compounding the challenge: Rule 405 of Regulation S-T — the Interactive Data Mandate — designed to modernize financial reporting for publicly traded companies. As a result, public companies are transitioning away from their outdated, pieced together processes and starting to file their documents and exhibits in eXtensible Business Reporting Language (XBRL) using new-breed disclosure management systems. With disclosure management systems, companies can benefit from centralized and standardized processes and tools to create complex reports and documents and comply with reporting requirements in multiple formats — all on a single platform.
Get ESG Reporting Done Right: Achieve Compliance and Transparency with Confidence
"Simply put, Certent Disclosure Management gives us one version of the truth. CDM cuts out many stages of re-processing information that characterized our mainly manual, past processes.”
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