Every other day, the news headlines capture disturbing stories about our planet. Recently, it was heartbreaking seeing Afghans clinging on planes about to take off to only get a place to run away from their home country.
But that only lifts the lid of the tank to global ills, challenges, and serious problems that call for urgent solutions. Hundreds of young girls kidnapped from school and held hostage for years in Nigeria shocked the world, and now the unending global warming crisis. The time to act is now, and the best starting point is adopting sustainability.
Sustainability makes businesses broaden their focus and seek solutions that can help to make the globe a better place, not just for the current generation, but the future ones too. Indeed, more stakeholders today, from customers to investors, want only to be associated with responsible brands.
Therefore, you do not just need to adopt sustainability but manage associated activities well. To do this, you need to have the right sustainability management software. Keep reading as we reveal more reasons why you need to get the right program for sustainability (benefits of sustainability reporting).
A Brief Look at Sustainability and Its Application
Let’s get straight to the point: adopting sustainability in your business is helping it to build long-term value. By addressing environmental, social and governance impacts, you are able to strengthen your brand and craft a sure pathway for its future. Here are some enterprises that have already discovered this secret:
● Adidas and Nike have stepped up their focus on sustainability, targeting to cut down on wastes and reducing impacts on the environment.
● Nestle and Unilever have made huge strides in cutting down their carbon footprints and changing the raw materials they use for their products.
● Coca-Cola is following an ambitious agenda on water stewardship. Their effort to help with the replenishment of freshwater systems is particularly impressive.
These are only a few brands that have led the way. Others with notable efforts include Biogen, Novo Nordisk, and Biopharma. Now, you also have an opportunity to make your contribution towards sustainability felt. Like these brands, you need the right sustainability management software. Do you know how to calculate carbon emissions?
Special Benefits of Using Sustainability Management Software
The primary benefit of using sustainability management software is enhancing compliance. Today, most regulatory authorities and governments require strict adherence to sustainability policies. For example, most countries on the globe have clearly defined rules for emissions and pollution. Having a good app can help you comply with these regulations (all about GRI Standards). . Here are other benefits of using sustainability management programs (know more about ESG consulting).
● Makes It Easy to Coordinate all Efforts on Sustainability Easy
As we indicated earlier, sustainability is a very broad concept. It touches matters on the environment, production, supply chain, social, governance, and community, among others (best sustainability software).
If you opt doing these tasks manually or using conventional spreadsheet programs, it can be pretty tough. However, the right sustainability management software makes it easy to follow all of these actions from the same point. All about SBTI on this article.
● Data Gathering and Analysis is Simplified
After adopting sustainability and ingraining it in your enterprise, the next step is telling the targeted stakeholders about it. This is done through ESG sustainability reporting (why sustainability reporting is important), which calls for the highest possible levels of accuracy. Again, this is very challenging if you are doing it manually. However, the best sustainability management software can help you to collect and analyze the data so that stakeholders can get the correct and verifiable information.
● Works with Most Sustainability Reporting Frameworks
To create the right sustainability reports for your company’s stakeholders, you are required to start by selecting an appropriate framework. If you select the right sustainability reporting program, the whole process of ESG reporting becomes very simple and enjoyable. Some of the leading frameworks that you should consider include the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).
These are only a few of the benefits to anticipate for selecting the best sustainability management software for your business. Others include cutting down sustainability-related costs, being able to identify risks & business opportunities for business. To be sure of identifying the best sustainability reporting app, visit Diginex.com.
They can also come in handy to help you understand the concept of sustainability more effectively and take your company to the next level.