Reasons to start your ESG journey now…
- Availability of Cost-effective cloud-based solutions - The tech industry has produced innovative, cost-effective cloud-based ESG & Carbon management tools in the last five years. The new ESG data management tools have emerged with pricing points attractive to small and medium enterprises reducing cash constraints for small and medium enterprises to start their ESG journey.
- Multi-standards capability to accommodate your requirements - The ESG data management tools use different international and regional science-based ESG & Carbon emissions standards, including ESG reporting frameworks of major financial exchanges. The organizations can choose which applicable standard/s to use in reporting to their stakeholders, regulators, and investors. This development will help to limit ‘corporate greenwashing.’
- Be ready for regulatory frameworks to promote ESG compliance – Across the Globe, regulators and stock markets have or are in the process of putting a regulatory and reporting framework to promote compliance and ensure they meet their net-Zero commitments. Some regulators want to promote compliance through the punitive measure (carbon tax), and others through giving incentives to green initiatives & investments.
- Potential benefits to claiming carbon credit
- Reputation benefits, Good corporate citizen cares about the environment and people.
To support our customer’s ESG journey, Digital Supply Chain and Sustainability has partnered with different ESG tools to meet our customers' diverse budgetary and functional requirements.