ESG

How to manage ESG (Environmental, Social, and Governance) Risk?

Sahil Sood

Sahil Sood

February 03, 2023

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Environmental, social, and governance (ESG) performance is fast becoming critical to business success. Employees, investors, customers, regulators, and other stakeholders are demanding transparency and accountability around ESG metrics, goals, and progress.
Managing ESG performance within the four walls of your organization, however, is just the start. Forward-looking companies are also tracking top-to-bottom ESG risks and impacts through their entire supply chains.

To meet this urgent demand, you have to be able to pull relevant information together quickly, easily, and consistently — in a way that’s flexible enough to adapt to evolving ESG compliance and reporting standards.

Simplify ESG Data Collection, Analysis, and Reporting

Companies face growing demand from investors as well as external and internal stakeholders to disclose their ESG performance quickly and accurately. However, this is accompanied by significant challenges, such as the need for data collection, analysis, and reporting.
To address these challenges, Wissda has partnered with Riskonnect, Inc.’s ESG software, which automates data collection and analysis, and turns raw data into valuable insights. These efficiencies reduce both time and cost required for reporting, while minimizing the risk of inaccurate reporting and disclosures, resulting in fast and automated reporting with relevant, compliant narratives.

Manage ESG with Transparency and Efficiency

The software solution gives instant access to ESG performance from a vast network of corporate partners and suppliers. The customizable platform streamlines communication, compliance and reporting throughout your company and its supply chain.
This allows you to monitor ESG performance not only of your organization but also your suppliers and products, allowing you to make informed decisions on where to allocate resources for maximum impact

 

Manage ESG with Transparency and Efficiency

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