How Can ESG Software Help Your Business?
While each ESG platform offers different functionalities, a comprehensive solution like the AMCS ESG Solution, should provide the following benefits:
1. Prepare Emissions Calculations
For those starting out with sustainability reporting, compiling annual carbon emissions can be time-consuming and labor-intensive. Reporting on Scope 1, 2, and 3 emissions across your operations and supply chain involves gathering data from various sources, each potentially using different units of measurement.
With the right ESG software, you can streamline this process by automatically collecting data, standardizing units, and applying emission factors to calculate your carbon footprint. Plus, once data is entered, calculations are easily updated regularly.
2. Manage Philanthropy Data
Community engagement and charitable giving are essential components of many CSR and ESG programs. However, tracking the scope of your organization’s philanthropic efforts can be challenging, especially with multiple offices or regions managing their own budgets.
With the AMCS ESG Solution, you can centralize and consolidate philanthropy data, linking it to your broader ESG strategy and corporate goals. This makes reporting more straightforward and ensures your charitable initiatives are aligned with your overall objectives.
3. Quantify Diversity, Equity, & Inclusion (DEI)
Many companies have made strides in formalizing their diversity, equity, and inclusion (DEI) initiatives. However, while public statements about workplace equity may generate positive PR, investors now expect measurable proof of progress.
The AMCS ESG Solution helps map your DEI strategy using interactive tools and visualizations. By tracking key metrics, companies can better communicate their progress towards building a diverse and inclusive workplace.