ESG Reporting Frameworks
In IBM® Envizi ESG Suite, the ESG Reporting Frameworks module provides a Sustainability Reporting Manager component that is used to create disclosures about a company’s environmental, social, and governance (ESG) policies and performance for stakeholders.
Disclosures are typically created to respond to ESG reporting frameworks. Companies use ESG reporting frameworks to publicly disclose business operations data that is related to the ESG performance of the business. Some frameworks are voluntary while others are mandated by a government. The categories and questions asked by each framework often overlap. The Sustainability Reporting Manager component helps you to respond to multiple frameworks in a single workflow and to reuse responses across questions.
Sustainability Reporting Manager manages the workflow of disclosures and the approvals process and can be used to gather supporting evidence. A disclosure owner assigns the roles of assignee, contributor, reviewer, and approver to questions to make sure that the appropriate people in your organization respond to, review, and approve questions. It also limits access to responses to those with the required access level. Email notifications can be sent to notify of status changes, assignments, and due dates.
The component brings together quantitative data, attachments, weblinks, and question response methodologies to help you compose disclosure responses. The format of the response and the reporting frequency is typically prescribed in the question. For several questions, best practice guidance is provided to help you respond to the question.
When you open the Sustainability Reporting Manager from the home page, it opens in a separate tab.