What do we do?
We offer robust, customised and outcome-based training programmes to our partners, instilling the latest and pressing ESG-related topics, leadership skills and abilities in them to bring their business’s ESG vision to fruition. Our ESG-related learning and development programmes provide leadership training and development opportunities to the learners making them more perceptive, innovative and eventually more productive. It is a win-win situation for the organisation as involved employees look to solve a business problem creatively. We cover specialised ESG training, on-demand workshops and training on how to use our ESG Reporting Technology.
- Platform Training- The primary purpose of the courses is to give an insight into how to integrate and optimise ESG-related policies and disclosures already in place in the business with technology. It touches upon the mandatory requirements to fulfil and exhibits their ESG score. ESG Reporting technology assists organisations in fine-tuning their ESG-related business policy and bettering it.
- ESG Education- Under the purview of the training fall eclectic, diverse and emerging ESG topics of discussion, grouped under the ESG aspects. Training presents an avenue for the continuous professional development of the employees since the ESG domain is in a constant state of flux, thereby assisting them to stay abreast of the latest happenings in this realm. As per the learner’s needs, the tailor-made courses are categorised and run under three levels- beginner, intermediate and advanced.
- Workshops- The on-demand workshops offer in-depth knowledge on pertinent and wide-ranging ESG topics that have a bearing on small-to-medium businesses (SMBs). The workshops also assist in streamlining the business’s ESG dimensions as it gives a world view of the latest ESG frameworks, rules, regulations and mandatory requirements to be fulfilled by SMBs to foray into this ever-evolving domain.
Finding solutions for compelling and challenging matters posed by ESG dimensions to an organisation requires steadfast resolve and a contemporary approach. Our innovative, interactive and affordable ESG reporting technology solutions assist businesses to remain a step ahead of their competitors in the rapidly transforming ESG reporting domain. We firmly believe that by embedding technology, the following ESG dimensions will see an evident transformation in ESG reporting. We endeavour to infuse technology in these domains for swift, accurate, and reliable information.
1. Documentation- ESG reporting is crucial for companies to regulate their environmental and social impact, build trust and transparency, and engage sustainable stockholders. Our technology assists in collating and assimilating this information from our partners by circulating questionnaires for the following ESG dimensions. It helps to understand the ESG frameworks used in the past and current times and facilitates the introduction of new contexts instructed for the organisation, in addition to updating the ones already in place.
- Environment
- Social Capital
- Leadership and Governance
- Human Capital
- Business Model and Innovation
- Cyber and Digital
2. Supplier- Our technology helps capture supplier data later to be used by the organisation for extracting a range of information, assisting the organisation in accelerating its ESG ambitions and initiatives. The data shared by the organisation for the following topics assist in identifying ESG risks in supply chains and effectively regulating the prevailing and evolving ESG supply chain risks in them.
- Environmental Topics
- Social Topics
- Governance Topics
- Business Model
3. Governance- Understanding the governance aspect is critical as governance risks and prospects, in all likelihood, will increase as social, political and cultural viewpoints keep evolving. We solicit the following information to evaluate governance factors in all ESG solution offerings, ensuring it remains resilient and robust.
- Governance Policies
- Social Policies
- Cyber and Technology
- Environmental Policy
4. Management- ESG’s governance standards look at an organisation’s management to understand how well managers and the board of directors run the business. Data in this segment of an ESG report would include:
- Executive compensation
- Board Compensation
- Financial reporting transparency
- Stakeholder relationships
- Any ethics reporting process
Why integrate technology?
Organisations focus on ESG issues such as pollution control, biological diversity, health and safety, business ethics and boardroom diversity. Technology-related risks and prospects do not receive adequate consideration. Organisations should now focus on Green Software, Artificial Intelligence (AI) and Trusted Data. In the future, they will have enormous implications in all the three – E, S and G – organisational mechanisms.
- Green Software- Widespread data management necessitated the establishment of data centres, which means the consumption of abundant electricity and the requirement of enough water to keep cool. The algorithm ensures maximum energy efficiency, thereby mitigating adverse environmental effects.
- AI- Organisations today employ and harness the benefits of AI, from recruitment decisions to customer care. Alternatively, the organisation must ensure robust governance controls for developing and installing AI solutions promoting social equity.
- Trusted Data- Investors depend on two primary information sources for making investment decisions- an organisation’s self-reported quantifiable and subjective data about ESG impact and peer benchmarking of an organisation’s ESG performance, for which third-party ESG ratings get leveraged. Interestingly, rather than easing the investment process, it further complicates it as a range of rating methodologies often impede objective decision-making.
Natural Language Processing (NLP) techniques immensely help to counter the rating methodology obstruction. This technique assists in conducting sentiment evaluation on investor perceptions regarding the organisation’s ESG policies and practices. It skims through online news and social media posts for encouraging points, disagreements, criticisms and potential legal actions. It is uniquely helpful in converting millions of structured and unstructured pieces of information (text, images, and videos) in real time into an organised and intelligent control panel that can help combine dissimilar measurement systems.
How does our technology platform help?
Our diverse technology platform ESG Reporting Intelligence is the brainchild of a dedicated team of ESG consultants who have decades of experience behind them. The technology’s design and development consider the enormous role played by SMBs in incorporating ESG into their workings of late. The technology will assist them in a smooth and seamless transition, sustaining their ESG journey and staying ahead of the changing rules and regulations of the law. The innovative technology provides an avenue to evaluate a supplier’s ESG risks in real-time, giving a competitive edge to the business. It also attains the aim of upholding responsible and ethical business connections. Our technology acts as a catalyst in revealing extensive ESG dimensions for business owners, founders and ESG professionals. It assists the stakeholders of a business in making informed decisions, as our technology is data-driven and infuses ESG metrics right through all areas of your business operations, creating maximum transparency. The right combination of data and disclosures goes a long way in alleviating risks, building resilience and capitalising on growth opportunities. Our ESG Reporting Technology makes your business self-assured and optimistic, facilitating comprehensible reporting and earning the trust of your stakeholders not just today but in the long term as well.
At ESG Reporting Intelligence, we endeavour to ensure that continuous professional learning and development facilitates an organisation in upholding ESG ethos. For this, we focus on the skill development of our stakeholders by refining their ESG-related acumen and ensuring their holistic development. Our communicative pedagogy, coupled with experiential learning, assists our stakeholders in practical exposure enabling them to become better ESG professionals, thus preparing them for future challenges. As they will soon be at the helm steering organisations to tremendous success in future, organisations must better accommodate these employees by prioritising ESG-related training.
We at ESGRI are steadfast in our resolve and firm in our belief that addressing ESG issues requires simplifying things. Our technology can play a crucial role in connecting these dots, and we are excited to reiterate our profound and unwavering commitment to ESG issues today and in the future.
Bibliography
1. Image Source- Medium, 2020. [Online]
Available at: https://medium.com/nerd-for-tech/is-technology-integration-the-future-644b4aec319b
[Accessed 3 March 2023].
2. Image Source- School Jotter, n.d. [Online]
Available at: https://www.schooljotter.com/blog/2016/02/top-6-benefits-technology-classroom/
[Accessed 3 March 2023].
3. Image Source- Source Intelligence, 2021. Blog. [Online]
Available at: https://blog.sourceintelligence.com/esg-reporting
[Accessed 3 March 2023].