Companies are increasingly focused on sustainability as stakeholders across the value chain prioritize Environmental, Social and Governance goals. B2B customers, end-users, employees, business partners, governments and NGOs and, more recently, investors are all interested in understanding and evaluating a company’s sustainability performance.
Collecting, managing and disclosing corporate data is a complex challenge, because data comes from many different sources throughout a company and demands accuracy. At the same time, there are a multitude of new and changing disclosure standards to track and respond to. With the growing pressure to manage sustainability, companies are increasingly setting and disclosing ambitious goals. As a result, they need to identify potential gaps in their efforts to achieve their goals and to establish measures to improve performance.