Sustainability and ESG reporting involves a tremendous amount of data, which needs to be managed across stakeholders and organisations. Sustainability reporting platforms have come to the rescue, thankfully, to gather data, measure, monitor and visualise corporate global impact.
Using a sustainability reporting platform puts order into the abundance of data in the world,. Organisations can manage and gain insight into their sustainability impact against sustainability metrics.
There are a number of platforms on the market now to collate data, monitor impact, and build reports that not only showcase sustainability commitment, but allow businesses to strategise future projects.
Bloomberg ESG
CEO: Vlad Kliatchko
Bloomberg is not only a trusted website for corporate news and insights, but is now respected by financial institutions for more than 40 years of commercial impact, which now extends to ESG analysis and reporting.
The insight-driven ESG platform is designed to utilise high-quality data to identify and act upon opportunities. The comprehensive dataset provided by Bloomberg ESG supplies companies with the knowledge they need to make smarter, more sustainable decisions while anticipating the commercial risks and environmental gains.
Analysts at Bloomberg ensure a minimum 80% coverage of operations and the workforce, as well as details on 93% of global equity market capitalisation.
ESG Playbook
CEO: Sonia Zugel
ESG Playbook is a platform specializing in regulatory and voluntary frameworks reporting for sustainability and all the major global standards. Soutions include the mandatory CSRD, Double Materiality, Carbon Reporter, Peer Comparison (gap analysis) and Supply Chain (including Scope 3). Plus an ESG Report Builder with GRI, TCFD, SDGs, SBTi, CDP, SASB, CSRD, PCAF, SFDR and EU Taxonomy.
The company generates Peer benchmarks, Industry risk analysis and Impact metrics offering insights into sustainability profiles of private and public companies.
ESG Playbook presents a comprehensive overview of a company’s sustainability performance and impacts through measurable metrics that can be benchmarked for years to come. This enables a more direct comparison with competitors and the social and environmental initiatives. The tools offered by ESG Playbook serve top 10 global consulting firms, including investors, sustainability analysts and corporations at large to understand their sustainability footprints.
Diligent
CEO: Brian Stafford
Diligent‘s ESG platform is an advanced solution designed to streamline ESG data collection, benchmarking, and reporting. With a user satisfaction rating of 93%, the platform has been well-received in the market. Recognised for its agility, Diligent ESG is purpose-built to amalgamate ESG data from various sources, supporting goal setting and other critical ESG initiatives. Moreover, the solution ensures audit-ready documentation, reinforcing its value for companies looking to become transparent and accountable through ESG reporting.
MSCI ESG
CEO: Henry Fernandez
MSCI ESG Ratings is a vital tool within the ESG investment domain. Developed in-house by MSCI, the ratings measure a company’s successful management of financially significant ESG risks and opportunities, and offer insights into these aspects across multiple asset classes.
These ratings are designed specifically to gauge a company’s resilience to pertinent risks in their ESG agenda or strategy, ensuring a comprehensive evaluation and management to follow. The public ESG Ratings & Climate corporate search tool provides access to ratings for more than 2,900 companies that form the MSCI All Country World Index (ACWI).
OneTrust
CEO: Kabir Barday
The platform has around 16,000+ users and, last year, earned a spot on the 2022 Forbes Cloud 100 List. This highlights OneTrust’s dedication to ESG and allows its customers to unlock insights into their own impacts. Established in 2016, OneTrust offers a suite of tools to gain insight into risk management, policy, and compliance processes. Through this suite, the company supports firms to understand how they can comply with ESG, by uncovering patterns in data and using them to automate compliance workflows.
Refinitiv ESG
The global provider of financial market data expanded its services to offer tools for ESG data analysis, reporting and monitoring. This includes the ESG Contributor Tool, which helps companies verify and share timely updates on their projects—made visible to investors and other stakeholders to provide evidence of corporate action.
Refinitiv prides itself on delivering auditable ESG data to its clients that can be trusted by investors. By leveraging its own mechanism of ESG scoring, and publicly reported data, the company provides objective measurement of performance, commitment, and effectiveness of the 10 main themes, including emissions, environmental product innovation, human rights, and shareholders.
Sustainalytics
CEO (Morningstar): Kunal Kapoor
The Morningstar business is a global frontrunner in the ESG domain, covering research, ratings, and data provision. The Sustainalytics platform caters predominantly to institutional entities, offering analytical insights into the sustainable aspects of businesses—tagging in 13,000 corporate ESG ratings and scores.
Sustainalytics’ data aids a consistent approach to the evaluation of financial risks. Also, the association with Morningstar allows funds to showcase their sustainability credentials based on Sustainalytics research. This platform assists asset managers to discern sustainable investment opportunities and detect company greenwashing.
SustainIQ
CEO: Liam McEvoy
SustainIQ is an award-winning platform designed specifically for sustainability and ESG. The tools monitor and report on ESG metrics, creating comprehensive reports on waste management, Scope emissions, social impacts, supply chain management, and ethical workplace practices.
The platform offers a holistic approach by integrating reporting against four critical pillars and enabling real-time assessment. The platform can be tailored towards companies’ specific needs and priced to suit.
TruValue Labs
CEO: Hendrik Bartel
A pioneering platform harnessing the power of artificial intelligence (AI) to amplify research, analysis, and monitoring, TruValue Labs is delivering a more intuitive means of backing investment opportunities and showcasing them to professional organisations.
The company is at the intersection of technology and finance, incorporating ESG into the mix, to revolutionise the way that companies interact with data and enhance their insights.
The company’s AI-driven tools and methodologies are designed to interpret and analyse a vast array of data, offering users a competitive edge in the rapidly evolving investment landscape, which is now partially governed by ESG criteria.
Source: Research 2023
