ESG Management Solution

Introduction

Sustainability reporting is one of the most effective ways for companies to demonstrate they are meeting the goals and programs of their sustainability strategy. Our solution helps clients to collect ESG data, calculate indicators, set and track ESG KPIs, export reports and preview data in interactive dashboards across all their entities. It also facilitates the sustainability reporting process, ensures consistent calculations, while keeping ESG data secure and accessible from a single location and provides an audit trial in connection with the future obligation of limited assurance over the sustainability report. This ESG software was designed in collaboration with the PwC sustainability teams.

The ESG Management Solution will help reporting entities achieve compliance with ESG regulations (e.g. Corporate Sustainability Reporting Directive (CSRD) and related European Sustainability Reporting Standards (ESRS)), share ESG data with stakeholders and strategically manage their ESG performance.

How we can help

The ESG Management Solution is developed for companies subject to Non-financial Reporting Directive “NFRD” (in the future - CSRD), and for companies that report and manage their ESG data voluntarily. The solution includes a document library to store all the reporting company’s relevant documents and all their ESG data at one location. The library also includes guidelines and manuals related to ESG reporting to make the process easier. Upon request, we can fully customise the ESG Management Solution to meet client requirements by connecting the tool to existing data or reporting systems (via APIs or cloud data integration tools) or technology for text recognition (OCR) to automate the data input. The solution tracks activities, allows data locking and exports reports with a detailed log history and calculation details for facilitating future audits and ensuring a high level of data protection. The PwC ESG Management Solution offers clients a complex solution for management, processing, storage and visualisation of non-financial and sustainability data. The application helps companies to prepare non-financial and sustainability data in accordance with the most common reporting methodologies including ESRS, EU Taxonomy, GRI or SASB. The PwC ESG Management Solution allows clients to manage their non-financial data across entities and supply chain while providing a high level of data protection. Our team of developers and data experts can customise the solution to client needs.

The ESG Management Solution is provided as software as a service, so clients always have access to the most recently updated version.

Benefits of the solution

Data transformation

Transforming the reporting entity’s raw and scattered ESG data into valuable assets, ready to be reported.

Functionality

The team management functionalities allow collaboration across different entities and the cooperation of several people via the option of checking on progress, assigning tasks, setting automatic notifications and deadlines. The ESG Management Solution functionalities also support the use of internal controls over sustainability reporting such as segregation of duties, 4-eye principle, etc.

Flexibility

The solution allows a high level of flexibility including the option to set the client’s KPIs, select indicators to report, and decide between using the client’s variables (e.g. emission factors) for calculation, or data from internationally recognised databases.

Support for your strategy

Integrated dashboards provide client management with the required level of transparency, and together with KPI tracking functionalities, enable and improve the strategic management of sustainability by B- and C-level management.

Easy data mining

The ESG Management Solution facilitates streamlining and automation of the input of sustainability data in accordance with NFRD and CSRD regulations, saving clients’ time and money, and stores all their ESG data and documents in one location ensuring effective management.

Access to global know-how

The development of the ESG Management Solution was supported by subject matter experts from PwC firms by applying our global know-how related to the sustainability reporting.

PwC sustainability teams have implemented ESG solutions and tools across the globe, and are ready to support client compliance and provide the combined professional experience of our staff.

Carbon footprint simulation

Simulation of future carbon footprint and provision of an interactive simulator to model changes to consumption levels and/or emission sources and the impact on the carbon footprint.