Tech and People Are Equally Vital in Collecting ESG Data
Regulatory frameworks like the International Sustainability Standards Board, Climate Disclosure Project, Carbon Border Adjustment Mechanism, Corporate Sustainability Reporting Directive, European Sustainability Reporting Standards, and Science-Based Targets are driving collection of ESG data for companies globally. Given the vast amounts of data that needs to be gathered and compiled, there is need for technology that can help meet timelines efficiently. This has seen the software industry develop advanced tools to help in ESG data collection efforts. Offerings like GenAI have the potential to transform the gathering of data, as reporting requirements become more complicated and taxing. Plug-in tools that simplify tasks…