All around the world, industries and sectors are represented by associations, networks and membership-structured organisations that monitor best practices, keep the group up to date, network together and provide guidance on many topics or lines of business. Companies of all shapes and sizes can find themselves within these types of structures, that can be represented regionally, nationally or by business type for a joint purpose.
In recent years, there has been a growing pressure on both the associations and the members within the group to be able to practice efficiently across ESG. Whilst that has typically been focused more heavily towards environmental efforts, ESG incorporates social and governance-based values too which have an ever-increasing importance to customers, clients, suppliers and investors.
Previously, it was a difficult and logistically challenging project to gather these new data points at individual and group level.
The answer is now here: DiginexESG – Entity Reporting!
Our innovative feature allows you to easily organise your Association into different groups (entities) and control/assign ESG metrics specific to each group (or investment).
With Entity Reporting, you are able to create specific reporting templates or disclosures and assign them to multiple entities. Our functionality also allows our clients to:
· Upgrade and maintain all of your previous data
· Create multiple entities
· Onboard users to each separate entity
· Assign metrics and disclosures to each entity
· Collaborate, track, compare and analyse data across your portfolio
· All in one platform
Case Study Example
An association is representing a national commodities industry, and would like to showcase the industries ESG efforts as a network of members.
Members consist of SMEs & enterprise companies across the nation.
The association would like all of their members to report ESG data to them based on the GRI and custom disclosures/data points. This will be to create an ESG report to represent the industry and all members to remain pro-active in a pressurised industry.
The admin users from the association will assign their custom template to their members to easily collect and aggregate the data points that matter to them.
Without Diginex, they would be manually attempting to collect this data, comprising of endless spreadsheets/emails.
Other associations worldwide at industry, country and company level are facing the same challenges, and we are delighted to now be working in partnership with many around the world to solve this issue at source in an end-to-end capacity.
If you are interested to find out more, or would like to schedule a call with our commercial team, please get in touch with us here.