Regulation technology company Diligent has rolled out a new tool to provide directors with “clear and consistent” climate performance insights. The Board Reporting for ESG dashboard combines performance data with market intelligence to offer a “holistic view of a company’s climate posture”. Forty percent of UK companies do not currently incorporate ESG Key Performance Indicators into their business strategies and UK boards are coming under increasing pressure to comply with climate rules, according to the report. With the EU Corporate Sustainability Reporting Directive recently coming into effect, Diligent said a “clear picture of ESG data is needed to help directors make informed decisions”. The key features of the tool include “board-ready” reporting dashboards tailored to offer insights on the relationship between company performance and stakeholder perception on sustainability and ESG, and marking progress against carbon targets, peer benchmark disclosures and scope 1, 2, and 3 emissions from ESG solution Diligent ESG. Amanda Carty, Managing Director of ESG and Data Intelligence at Diligent, said: “Board Reporting for ESG takes the guesswork out of climate reporting, equipping practitioners with the right information to share and allowing executives and board members to see the whole picture, so they spend less time trying to decipher complex information and more time focused on the right insights and data to drive the organisation forward.”
🌱 #FinTech is Going Green
🎉 #RegTech firm @diligentHQ has just launched their Board Reporting for #ESG, a dashboard to provide a full view of an organization’s ESG posture.
Is this going to change how we look at #finance? pic.twitter.com/C1Gf7LH7LD
— Storm2 (@storm2rec) May 2, 2023