Make your ESG ambitions happen
With international cooperative efforts such as the Paris Agreement, the Sendai Framework for Disaster Risk Reduction, and the UN 2030 Agenda for Sustainable Development, there is increased focus on climate change and how it threatens sustainable development.
A new ESG platform to boost your Strategy Execution Management.
Our cloud-based Strategy Execution Management platform can turn any plan into action. Our new ESG platform works in concert with the Strategy Execution Management system for your overall organization.
Our platform comes with the following ESG predefined frameworks.
The UN Sustainable Development Goals
In 2015, all Member States of the United Nations adopted the 2030 Agenda for Sustainable Development. Seventeen Sustainable Development Goals (SDG) are the core of the agenda, to urge all countries to take action in global partnership and provide blueprints for peace and prosperity for people and the planet. The SDGs are now being implemented in municipalities, government organizations, and public and private companies worldwide. The goals recognize that, in order to end poverty and other forms of deprivation, we must combine efforts to enhance education and health, reduce inequality, and boost economic growth at the same time we are tackling climate change and protecting our forests and oceans. The SDGs are the result of decades of effort by the UN and member countries, for example with the adaption of major agreements such as the Paris Agreement on Climate Change, the Sendai Framework for Disaster Risk Reduction, and Addis Ababa Action Agenda on Financing for Development.sdgs.un.org
The Global Reporting Initiative (GRI) Standards
The Global Reporting Initiative (GRI) is an independent, international organization that offers a common language for large, small, private and public organizations to report on their sustainability efforts. GRI standards are in three categories: environmental, social, and economic initiatives. The GRI Standards’ objective is to help organizations be transparent and take responsibility for their impact. Standards cover topics including anticorruption, biodiversity, water, occupational health and safety, for example.globalreporting.org
The UN Global Compact
The UN Global Compact is the world’s largest corporate sustainability initiative. It invites companies worldwide to align their strategies with the universal principles of human rights, labor, environment, and anticorruption. It currently has signatories from more than 160 countries representing organizations of all sizes and sectors. Documented, effective sustainability measures give businesses a competitive advantage, promote brand trust, and attract investors.sdgs.un.org
WEF Reporting Framework
In 2020, the World Economic Forum (WEF) launched an ESG framework that defines common metrics for sustainable value creation. More than 140 companies have committed to the International Business Council (a WEF forum) to align their SDG strategies with the long-term goals of society. The framework has four pillars: Principles of Governance, Planet, People, and Prosperity. Under the four pillars, 21 core and 34 expanded metrics and disclosures have been established.weforum.org
The Nasdaq ESG Reporting Guide
Nasdaq ESG Reporting is a voluntary program introduced by Nasdaq in 2017 and updated in May 2019. The guide, which is for private and public companies, helps them navigate evolving ESG standards. The Nasdaq Reporting Guide includes 30 metrics divided into three sections: Environment, Social, and Corporate Governance. Participation is voluntary, and the framework provided is not intended to compete with other ESG frameworks.nasdaq.com
An effective ESG strategy can result in long-term success and investors are looking at ESG factors when deciding on investments
Why to choose DecideAct’s SEM platform?
Multiple ESG Frameworks
When using DecideAct you can choose from different frameworks, combine them or create your own ESG framework as best suits your ESG strategy.
Define KPIs and Goals
Our platform allows you to define goals, KPIs, and initiatives and choose which ESG factors you will focus on.
DecideAct ESG gives you the oversight necessary to implement your ESG strategy and allows you to monitor your progress in fulfilling your goals.
Robust reporting module
DecideAct’s reporting module is easy to use and robust, allowing you to effectively inform the board of directors, shareholders, or other stakeholders on the company’s ESG performance.