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Today, the management of environmental, social, and governance (ESG) aspects has evolved significantly. What was once a mere trend has now become an essential requirement for companies that not only aim for long-term sustainable success but also need to comply with increasingly demanding regulations. Regardless of the size of the company or the sector in which it operates, having a digital tool to optimise and automate the management of all ESG aspects is crucial.
But what do we mean by 360-degree ESG management?
- Environmental: Environmental responsibility covers various aspects, from carbon footprint to waste management, including workplace safety and health. In a world where environmental sustainability is a priority, companies need practical tools to automate the processes of measuring and mitigating their impact.
- Social: The social aspect of ESG management includes not only relationships with employees but also the community and other stakeholders. This field encompasses human resources issues such as pay gaps, as well as elements like managing corporate volunteering. Effective management of the social aspect fosters transparency and open communication, promoting a socially responsible environment that strengthens relationships with employees and the community.
- Governance: Governance is the backbone of a sustainable business. Effective governance involves ethical practices, a clear leadership structure, and informed decision-making. Tools that help manage risks, approve suppliers, or conduct audits are key to achieving good corporate governance. Ultimately, adopting a 360-degree approach to ESG management is not only an ethical obligation but also a smart strategy to ensure your company’s long-term viability in an increasingly conscious world.
- Reporting: Non-financial reporting is the foundation of any company’s sustainability strategy. It includes all the information needed to understand an organisation’s situation, its progress, results, and the impact of its activities in relation to environmental, social, and governance (ESG) issues. Transparency is key in managing your Sustainability Plan, and the importance of having tools that ensure comprehensive management of ESG data cannot be overstated.
One tool for everything
By integrating reporting, environmental, social, and governance management into a single tool, your company can not only meet current regulatory expectations but also build a solid path towards sustainable success.
Nowadays, there are various solutions on the market that specialise in addressing ESG management separately, especially when it comes to reporting. However, finding software that brings all these aspects together, enabling companies to manage them in a comprehensive way, can be challenging. At Sygris, we have the technology and products needed to do just that.
Introducing our ESP – Enterprise Sustainability Platform. Shall we talk?
