Sedex To Demystify ESG Reporting

The most important information to gather for companies wishing to do efficient ESG reporting is identified in new research from Sedex, the trusted partner for the environment, social, and governance (ESG) and sustainability data. 
 
Companies are prioritizing ESG as a result of investors’ growing interest in social and environmental performance. However, a lack of reporting guidelines and disparate criteria between rating agencies and frameworks make it extremely difficult for companies to effectively meet ESG requirements. 
 
Technology and data are crucial in solving this problem. A corporation can accomplish ESG goals and other sustainability initiatives with the help of the proper data collection, which also allows the creation of modern slavery statements and the presentation of measurable progress toward goals.

Sedex – Data to achieve various sustainability objectives

Sedex has identified the data that companies use most in order to satisfy ESG requirements and to support a wide range of other sustainability-related endeavours. By decreasing duplication and effort and increasing supply chain insight, gathering this data can help businesses save time and make better decisions.

The 10 data categories:

• air pollution
• use of water
• bodily waste
• employee demographics
• Occurrences of accidents and injuries
• freedom of association for workers
• Risks and occurrences of modern slavery
• Pay gap for women
• Threats to and instances of corruption
• governing entities

Businesses can gather, store, exchange, and report on this data at scale across international operations and supply chains thanks to data-led technologies and tools. With the use of Sedex’s Radar risk tool, for instance, organizations may assess social and environmental risks across 340,000 nations and industries. 
 
“Data on a business’s operations, personnel, and supply chain are vital for recognizing and addressing social and environmental sustainability challenges, as well as proving a company’s ESG effect in a credible manner,” says Jon Hancock, CEO of Sedex. This information and the insights it provides also support a number of additional business advantages, such as improved stakeholder relations, improved supply chain response, and more effective risk management. 
 
Businesses can gather, store, exchange, and report on this data at scale across international operations and supply chains thanks to data-led technologies and tools. With the use of Sedex’s Radar risk tool, for instance, organizations may assess social and environmental risks across 340,000 nations and industries. 
 
“Data on a business’s operations, personnel, and supply chain are vital for recognizing and addressing social and environmental sustainability challenges, as well as proving a company’s ESG effect in a credible manner,” says Jon Hancock, CEO of Sedex. This information and the insights it provides also support a number of additional business advantages, such as improved stakeholder relations, improved supply chain response, and more effective risk management.