ESG management describes a holistic view of economic activity. ESG stands for the areas of environmental, social and governance.
In concrete terms, this means that companies today must pay more attention to the environment, human interaction and corporate governance. These areas need to be measured granularly, analyzed and evaluated. But where do most companies stand today?
A look at a PWC study on ESG reporting in SMEs shows that many companies are currently facing the challenge of collecting and processing sustainability data:
78%
use Excel-based tools for data collection
73%
have difficulties collecting, processing and analyzing their data
62%
are put under pressure by legal regulations
25%
measure the progress of their sustainability activities
ServiceNow for recording and processing sustainability-relevant data
ServiceNow makes ESG management easy – from recording to reporting sustainability activities.
ServiceNow ESG management:
- Supports automatic collection of metric data to reduce manual data entry
- Supports manual data entry that provides structure and transparency for data stewards who need to manually upload ESG data
ServiceNow ESG Command Center:
- Combines the new ESG management with two proven GRC products: Integrated Risk Management and Project Portfolio Management
- Allows tracking of ESG data and implementation of programs and initiatives that provide accountability and improve ESG performance – all on a single platform
ESG management with ServiceNow
ESG Management & Reporting (ESGMR) & Operational Control Solutions
Experience limitless possibilities through integration into your Now platform, as well as products and workflows that we develop individually for you. By eliminating data sources and tools and automating reporting and tracking, together we will increase the success rate of your sustainability activities. Start your journey to effective and efficient sustainability management now!
ESG workspace solutions with ServiceNow
Current and complete data at a glance
- Simplified performance monitoring of the progress of ESG targets
- Monitor and manage target scope, including the status of dependent targets and upcoming metrics.
- Easily view the hierarchy of goals and targets
- Easy tracking of ESG targets
- Automated disclosure (automatic publication of results and current values)
- Monitoring of compliance with ESG targets and associated risks through IRM integration
- Monitoring the status of projects and programs related to ESG targets with PPM integration
Innovative real-time measurement of emissions
Satellite-based data acquisition
Do you measure and make decisions based on your own real-time data? Together with our technology partner Floodlight, you can start from scratch – literally. With real-time satellite recording of every single one of your plants and emission units in operation, you get a real and complete picture of your emissions. This allows you to create targeted strategies for each plant and identify problem areas, such as fugitive emissions or plants in high-risk storm areas.