The ESG solution aids corporate sustainability, and management experts gather critical data needed to report ESG metrics efficiently.

The ESG solution can be used to determine operational efficiencies to cut costs.

IsoMetrix has released a cutting-edge Environmental, Social, and Governance (ESG) application based on IsoMetrix LuminaTM, an all-new SaaS platform. The ESG solution helps corporate sustainability and management experts gather critical data needed to report ESG metrics efficiently, precisely, and in compliance with appropriate standards and frameworks. It also raises and oversees related actions to improve overall ESG performance.

As ESG is becoming a relevant topic worldwide, businesses are finding themselves subjected to rising amounts of law and regulatory oversight regarding all aspects of their operations. Collecting data regularly, assessing progress, and reporting on their success across an increasing number of ESG and sustainability-related KPIs are just a few major tasks that must be completed.

Organizations can use ESG powered by IsoMetrix Lumina to:

  • Meet the standards for governance reporting in relation to executives, investors, customers, rating agencies, regulators, and operational stakeholders.
  • Reduce environmental impacts while also boosting social factors like diversity and inclusion.
  • Determine operational efficiencies to cut costs.

The following are some of the highlights of IsoMetrix’s new ESG application:

  • Data can be collected directly from people through data requests, inspections, and surveys.
  • A robust calculation engine to calculate the carbon footprint.
  • Built-in and maintained ESG reporting criteria.
  • A sophisticated analytical layer that enables businesses to make queries and visualize data.
  • The presence of expert consulting partners to assist with ESG efforts.

For over 20 years, IsoMetrix has worked with businesses on sustainability management. Its market-leading ESG solution enables firms to define which data must be revealed, then gives them tools to gather that data, present it for analysis via a variety of dashboards, and package it for reporting.

It also includes several handy features that are intended to help ESG professionals considerably. These include, but are not limited to, the ability to monitor ESG standards through the Indicators Library, the storage of pre-defined question sets, and other content aligned with GRI, SASB, WEF, and TCFD standards, full audit tracking, built-in collaboration features, and the availability of ‘intelligent’ advisors including a data validation engine.

Experts’ view

IsoMetrix Chief Operating Officer (COO), Dr Giles Nelson, commented that “We’ve invested heavily to develop this next generation of software which will see us into the future. Our ESG application represents a sea change in the way corporates and the economy in general are going to work. This first application on the IsoMetrix LuminaTM platform will help organizations manage their information better, trace it, make it auditable, and report on it to a higher standard, and we’ll only be increasing its capabilities over the next few months. For all our customers, this will mean a faster return on investment and less time needed to see real results. We can’t wait to see our customers receiving the benefits!”