{"id":7246,"date":"2022-05-15T07:06:58","date_gmt":"2022-05-15T07:06:58","guid":{"rendered":"https:\/\/crmt.dev.wordpress.optiweb.si\/?post_type=solutions&p=7246"},"modified":"2023-10-26T19:05:33","modified_gmt":"2023-10-26T19:05:33","slug":"esg-reporting","status":"publish","type":"solutions","link":"https:\/\/crmt.dev.wordpress.optiweb.si\/sl\/solutions\/regulatory-compliance\/esg-reporting\/","title":{"rendered":"ESG Reporting"},"content":{"rendered":"
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FROM?<\/h4>
ESG reporting will become mandatory from January 1st, 2023<\/div><\/div><\/div>
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FOR WHOM?<\/h4>
a set of standards for a company\u2019s behavior used by socially conscious investors to screen potential investments.<\/div><\/div><\/div>
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WHAT YOU NEED?<\/h4>
is the automation to comply with evolving ESG disclosure requirements and the data intelligence to optimize scoring, reports, plans, and performance<\/div><\/div><\/div>
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HOW WE HANDLE IT<\/h4>
Meet evolving compliance requirements with a configurable prepackaged solution<\/div><\/div><\/div><\/div><\/div>\n\n\n

What is ESG reporting?<\/h3>\n\n\n\n

During the past years, the market has moved quickly, and the companies are now asking for more transparency and to take concrete action about their environmental<\/strong>, social<\/strong> and governance<\/strong> performance. E<\/strong>, S<\/strong> and G<\/strong>, three letters that you will hear about a lot for sure!<\/p>\n\n\n\n

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Environmental<\/h4> <\/svg>

includes issues focused on climate risks, carbon emissions, energy efficiency, use of natural resources, pollution and biodiversity<\/p><\/div>

Social <\/h4> <\/svg>

includes issues focused on human capital, labor regulations, diversity, DEI, safety, human rights and community involvement<\/p><\/div>

Governance<\/h4> <\/svg>

includes issues focused on board diversity, corruption and bribery, business ethics, compensation policies and general risk tolerance<\/p><\/div><\/div>\n\n\n

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ESG reporting<\/strong> must disclose those 3 pillars. As with all disclosures, its purpose is to shed light on a company\u2019s ESG activity while improving investor transparency and inspiring other organizations to do the same. Reporting is also an effective way to demonstrate that you\u2019re meeting the goals and that your ESG projects are genuine \u2014 not just greenwashing, empty promises, or lip service.  Since ESG reports summarize the qualitative and quantitative benefits of a company\u2019s ESG activity, investors can screen investments, align investments with values, and avoid companies with the risk of environmental damage, social missteps, or corruption. <\/p>\n<\/div>\n\n\n\n

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ESG Reporting & CCH Tagetik<\/h3>\n\n\n\n

CCH Tagetik ESG<\/strong> & Sustainability Performance Management Expert Solution (ESG Solution<\/strong>) includes pre-built data models, normalization and calculation rules, and disclosure to comply with the regulatory frameworks in force and with the main and most common reporting frameworks. CCH Tagetik has developed an ESG pre-packaged solution that helps companies to face the challenges, reduce risks and provide key actors with strategic information to turn risks into opportunities to create long-term value.<\/p>\n\n\n\n

CCH Tagetik covers the ESG process end to end, boosting the implementation thanks to an expert solution <\/strong>that combines all the regulatory frameworks and the managerial needs in a single application <\/p>\n\n\n

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The ESG Solution consists of three modules:<\/strong><\/p>\n\n\n\n