The changing sustainability landscape
You already use data to gain insights on finances, risk management and customer behaviour.
Now sustainability data is just as important . Reporting requirements have increased rapidly over the last decade. The introduction of compliance legislation like SECR and voluntary reporting such as TCFD means the amount of data you need to measure, collect, and analyse is expanding.
Your data is key to your business’ awareness. We now are in an age where your company’s sustainability practises can be called into question through a single social media post, potentially damaging your brand overnight. Customers want to see action being taken. By bringing climate change visibility to your organisation through the data, you can make positive change that will resonate with your customers.
Challenges with reporting sustainability data - Organisations have decentralised data and use multiple spreadsheets to manage the operational needs of the business. This can lead to lack of insight and action can be delayed as a result. For smaller organisations, this can be the lack of defined systems in place to capture the information, but for larger companies, the amount of data can become overwhelming to manage. This absence of data governance will lead to inaccuracies and time wasted across your business.
Get to the root of it - We understand that all your sustainability data doesn’t come in a ready-made package. Each organisation has unique data management models, such as using different systems or a variety of appointed data custodians.
Reduce data complexity - Our Managed Data Service approach removes the complexity of gathering and cleansing your data so that it can be analysed. We have a team of sustainability analysts that know how to master data and provide convincing insights to support the change your business needs.
Improving the process -We remove the slow and often confusing data collection process and provide you with simple templates and continual support from our analysts. We make sure that you learn as you go through the process so that continual improvement is always possible.
Become self-sufficient - Going digital with your sustainability data brings you fast and dynamic reporting allowing for quick self-service analysis. By coupling our Managed Data Service with our reporting software we can support transition to your data being online and available at the touch of a button. To find out more about our reporting platform click here.
Our approach is to work with your organisation to gain a solid understanding of your data. We then explore where a self-service approach would improve the data collection process. The platform that we use is a fully interactive system, where you can see the results as soon as the data has been added.
Exploring results together
With the Managed Data Service, we walk you through the process so that you can understand what your data is saying about your business. The learning we both gain from your employee engagement, the understanding of your data processes and the external challenges you face allow us to create a narrative that provides context to your data. This collaborative approach gives a richer context for our reporting and works to engage your stakeholders to affect positive change.
If you have a challenge with your sustainability data and you are unsure where to start, speak to our data experts and find out how we can help.
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