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Sustainability is now a decisive parameter of every organization’s business strategy at the drawing board stage with the conscious intention to reduce operational and resource impacts on the planet.
Governments, consumers, and investors are reshaping the industry by demanding mandatory disclosures and quantifiable metrics to ensure that companies record and are responsible for their operational impact across the product lifecycle.
Reporting empowers a company to understand the comprehensive
environmental and social impact throughout the value chain from design, compliance, and material sourcing to production, operation, and disposal. As a result, cost savings and mitigation of risk both go up.
Unfortunately, the process of data collection and management, coordination, regulatory compliance, calculations, and reporting is daunting and time-consuming for companies. Technology-driven platforms and tools are the key to aiding and transitioning enterprise ecosystems to support their sustainability journey and low carbon transition.
Learn more about the framework and standards around sustainability reporting and what companies can do to remain compliant and streamline workflows.
