Why is Environmental, Social and Governance (ESG) so important to businesses?
The importance of Environmental, Social and Governance (ESG) to businesses is becoming increasingly clear. With increasing demand from consumers and investors for companies to operate in a socially responsible and sustainable manner, managing ESG issues can help companies identify and mitigate risks, improve operational efficiency, and ultimately enhance their reputation and brand image.
Studies have also shown that actively managing ESG can have a positive impact on a company’s bottom line. By reporting on and improving their ESG data and disclosure, businesses can provide valuable information to employees, investors, and stakeholders, which can help attract investment and top talent, improve stakeholder engagement, and stay ahead of regulatory changes.
In short, investing in robust ESG reporting practices can help businesses achieve long-term success and create value for all stakeholders.
How can ESG Access help you?
Investing in sustainable corporate practices can be a strategic competitive advantage for businesses. However, the ESG reporting landscape can be complex, with a wealth of frameworks and expectations that can make implementation and management of ESG policies and data challenging.
6 times faster than traditional reporting methods and 95% cheaper, ESG Access can help streamline your sustainability reporting efforts. Our ESG solution makes it easy, fast, and affordable to measure, track and improve your ESG strategy, data and reporting. Sign up for a demo and have your sustainability reporting set up in just minutes.
Don’t wait, contact us today to learn how we can help you achieve your ESG goals.
Special features of ESG Access
Easy to use
ESG Access is an easy-to-use platform that helps you track and report your organisation’s ESG goals, with no prior experience required.
SaaS
Our cloud-based Software-as-a-service platform allows you the flexibility of 24/7 access anywhere, anytime, and on any device.
Blockchain-enabled
ESG Access is blockchain-enabled so you can collaborate and improve your ESG data with greater transparency and security.
Collaboration tool
With many data points and different departments to liaise with, ESG Access allows you to collaborate between teams and suppliers seamlessly.
Entity reporting
Entity reporting allows you to easily organise users into groups (entities) and control/assign ESG metrics specific to each group, so you can improve decision making, identify growth opportunities and manage risks.
Compliance
ESG Access is inbuilt with a climate calculator, industry best practices and frameworks that enable you to comply with the evolving ESG requirements.
Meet your compliance and assurance requirements easily
Designed to make ESG reporting easier and more accessible to everyone, ESG Access is an easy-to-use platform that does not require you to have prior reporting experience.
Request for a demo and a free 7-day trial now.
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Choosing BoardRoom for your ESG services
BoardRoom’s ESG Access is a sustainability reporting software tool that simplifies data collection, speeds up processes, and reduces administration. It also educates and guides contributors on what information is needed and why it is important. The tool allows administrators and managers to track progress, metrics and trends for better decision making. Additionally, it offers advanced features such as the ability to conduct materiality assessments and create ready-to-distribute reports with accompanying statements from management.
ESG Access is a user-friendly and cost-effective sustainability reporting tool designed to help companies and portfolio managers of all sizes, experience and industries to manage all their sustainability efforts.
Core features include:
Materiality Assessment
Identifies the most relevant sustainability topics specific to your industry for reporting
Built-in ESG Frameworks
Allows you to follow international standards or create your own reporting template
ESG Collaboration Tools
Enables you to request data, responses, and evidence from colleagues and stakeholders within the platform, eliminating the need for emails and spreadsheets
Review, Validate & Audit
Allows stakeholders to input, review and approve custom reporting timelines and processes, and ensure the accuracy of data in a centralized platform
ESG Report Generation
Helps you design and produce customised sustainability reports for sharing with shareholders and stakeholders
ESG Access is an SaaS platform that is accessible over the cloud, providing you access to a world-class ESG reporting software anywhere, anytime, at an affordable subscription rate.
Build on blockchain technology, ESG Access helps you increase transparency and security, and build confidence with your stakeholders.
Establish your ESG reporting in minutes – schedule a demo or free trial today!
With BoardRoom ESG Access, you can easily measure, track, and improve your ESG strategy, data, and reporting.
Don’t miss out on this opportunity to streamline your sustainability reporting process.
Contact us today to schedule a demonstration and get started in just minutes.
Frequently Asked Questions (FAQs)
1. What is ESG reporting and why does it matter for my business?
There is a growing emphasis on the importance of Environmental, Social, and Governance (ESG) factors in business worldwide. This is tied to increasing consumer and investor demand for sustainable, socially responsible operations. Effective ESG management and reporting aids in risk reduction, operational efficiency improvements, and enhancement of reputation and brand image. Even more so, proactive ESG management is becoming even more crucial, which includes transparent reporting and improvement of ESG metrics. A commitment to robust ESG reporting practices is integral for businesses seeking long-term success, attractive investments, and stakeholder value creation.
2. What is ESG Access?
BoardRoom ESG Access is a sustainability reporting software that can streamline your reporting efforts. It allows businesses to easily measure, track, and improve their ESG strategy, data, and reporting on a platform that is easily accessible to all relevant members of the team. As such, this solution comes with in-built global ESG reporting frameworks and software tools so compliance is assured across various industries and locations.
3. How can ESG Access sustainability reporting software benefit my company?
In the wake of ESG’s importance, utilising ESG reporting software can greatly benefit your business. ESG Access provides an easily navigable and affordable solution for companies to manage their sustainability efforts. Some of the key benefits of this software include:
- Materiality assessment to efficiently identify relevant sustainability topics to your industry for reporting
- Built-in ESG frameworks to easily create templates which follow international standards or can be used to build your own upon
- ESG collaboration tools for team members and stakeholders to request data, resources, and evidence within the same platform
- ESG report generation to create personalised sustainability reports which can be shared with relevant partners
- Custom reporting timelines and processes can be reviewed, validated, and audited by stakeholders to ensure data accuracy and transparency on the platform
4. Is ESG Access easy to implement into my business strategy?
Yes, ESG Access can be implemented within minutes. As part of our services, BoardRoom is happy to help get you set up so you can improve your ESG strategy, data, and reporting today. We can even help you schedule a demo or a free trial to see if this solution is a good fit for your business.
5. Can ESG Access be tailored to fit my organisation's specific needs?
Yes – one of the key features of ESG Access is its adaptable design for companies of all sizes, experience, and industries to manage their sustainability efforts in a cost-effective and user-friendly way that best suits your specific needs.
6. What other services does BoardRoom offer in addition to ESG-related solutions?
BoardRoom also offers various other leading business solutions for companies in Singapore and across the Asia-Pacific region, including international accounting services, company secretarial services, and company incorporation services. We can also help your company get up with various management software tools, such as Xero cloud accounting software and Ignite online payroll software. For more information on how we can help your business, please reach out to our team today.