New ESG Risk/Compliance Tools
Key Questions
What are some new ESG risk and compliance tools mentioned?
New tools include Amfori Compass (May 6), Schneider AI, EcoVadis, Simply Sustainable impacts tool, SAP PLM for CSRD, GIST data, Sonnedix CMMS, and LCA ROI calculators. Poland's biomethane initiatives also feature in supply chain due diligence.
How do these ESG tools support CSRD and EUDR compliance?
Tools like SAP PLM and Simply Sustainable aid CSRD reporting by assessing impacts, dependencies, and supply chain due diligence. They are essential for meeting EU Deforestation Regulation (EUDR) requirements and managing nature-related risks.
What does Simply Sustainable's impacts and dependencies tool cover?
The tool assesses a broad range of environmental and social factors, including carbon emissions measurements. It helps companies evaluate their sustainability footprint comprehensively.
Why have nature risks become a boardroom priority?
Nature risks now require boardroom assessments, with legal teams conducting materiality assessments and supply-chain mapping. This ensures a clear picture of company exposure amid regulatory pressures like CSRD.
What role does GIST play in ESG data evolution?
GIST Impact, led by figures like Mahima Sukhdev, is building the next evolution of ESG data. It supports advanced analytics for sustainability in supply chains and finance, as highlighted at events like the CEE Sustainable Finance Summit.
Amfori Compass (May 6), Schneider AI, EcoVadis; Simply Sustainable impacts tool, SAP PLM/CSRD, GIST data, Sonnedix CMMS, LCA ROI, Poland biomethane. Key for supply chain due diligence under EUDR/CSRD; nature risks push boardroom assessments.