Why Successful ESG and Sustainability Reporting Relies on Data Transparency
Key Takeaways
⇨ Sustainability reporting and ESG management are essential practices for modern companies to meet the expectations of stakeholders and the public.
⇨ Companies need to ensure that they are setting attainable sustainability goals and accurately reporting on ESG compliance to prevent regulatory issues and meet sustainability targets.
⇨ SAP Sustainability Control Tower is a solution that can help organisations achieve enterprise-wide ESG data management and reporting, improve compliance with ESG reporting standards, and identify areas for potential action in the future.
The adoption of Environmental, Social, and Governance (ESG) management and sustainability reporting has become commonplace for modern companies. The pressure is increasing for businesses to prioritize sustainability by reducing their carbon footprint, improving waste management, upholding human rights, and ensuring governance activities. However, many companies are forced to rely on data estimates in their decision-making, largely because they lack the tools and skillsets to achieve data transparency. To streamline ESG and sustainability goals, SAP Sustainability Control Tower (SCT) is recommended to achieve enterprise-wide ESG data management and reporting. Bluetree’s Carbon Planning & Reporting Solution that will be released later this year, will offer sustainable carbon reporting and budgeting, enhancing the business content of SAP Sustainability Control Tower and providing a single source of truth and enhanced analysis and planning capabilities.
Read Bluetree’s blog to learn how SAP Sustainability Control Tower can help organisations achieve enterprise-wide ESG data management and reporting.
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