Best Environmental, Social, and Governance (ESG) Software
Environmental, Social, and Governance (ESG) Software provides tools to manage a business or organization’s environmental, social, and governance policies and procedures. ESG data quantifies environmental impacts such as carbon emissions and water utilization, documents customer privacy breaches, helps assess the effectiveness of environmental, social, and governance policies, and identifies areas that need improvement. The analysis and disclosure of this information help stakeholders and investors understand how ESG performance is tied to financial performance and future...
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Goodworld is a social impact platform for companies and nonprofits.
Users can launch, manage, and measure CSR and ESG programs with tools for purpose-driven business.
The Goodworld social impact platform engages employees and customers with the causes they care about. Through donations, volunteering and impact rewards, people can take action on social justice, climate change, education, mental health and other important issues in support of over 1.7 million vetted nonprofits.…
Smart Global Governance’s Integrated Risk Management provides a vertically integrated view of risk – starting with an organization's strategy, business operations, and finally, enabling technology assets – through a range of add-ons to be deployed gradually as needed.
With Smart Global Governance’s Integrated Risk Management, users can control budgets with the automation of manual and repetitive tasks, and visibility, from its ability to get siloed software to communicate with each other.…
Learn More About Environmental, Social, and Governance (ESG) Software
What is Environmental, Social, and Governance (ESG) Software?
Environmental, Social, and Governance (ESG) Software provides tools to manage a business or organization’s environmental, social, and governance policies and procedures. ESG data quantifies environmental impacts such as carbon emissions and water utilization, documents customer privacy breaches, helps assess the effectiveness of environmental, social, and governance policies, and identifies areas that need improvement.
The analysis and disclosure of this information help stakeholders and investors understand how ESG performance is tied to financial performance and future business prospects by identifying the risks from environmental performance, social practices, and regulatory compliance.
AI-supported analytics help companies understand where they stand, where they need to stand, and where they should optimally position themselves in those areas. It provides benchmarks against comparable companies and suggests steps for improvement. ESG software facilitates compliance reporting for governmental regulations.
ESG software often includes environmental management and sustainability management features, which enable companies to manage emissions, water quality, soil contamination, and hazardous waste and enact and monitor sustainable environmental policies on emissions, renewable resources, and recycling.
As appropriate for the industry and company, ESG software automates the capture, recording, analysis, and reporting of the following categories of data to enable effective environmental, social, and governance policies.
- Greenhouse gas emissions
- Water utilization
- Climate-related risks and opportunities
- Energy management
- Waste management
- Diversity of company board and its employees
- Impact of business activities on employees, neighbors, and surrounding environment
- Human rights
- Ethics and cultural practices
- Risk management
- Customer data polices
- Cybersecurity policies
Environmental, Social, and Governance (ESG) Software Features
Environmental, Social, and Governance Software will offer many of the following features
- Data collection for environmental, social, and governance metrics
- Centralized repository, document management, search
- Automation of workflow, ESG task assignments, and status monitoring
- Benchmarking
- Policy management
- Risk management
- Compliance management and reporting
- AI Analytics
- Custom Dashboards
- Custom disclosure reporting for the main global climate and sustainability reporting frameworks (GRI, SASB, CDSB CDP, TCFD, IIRC, WEF)
- Audit and archiving
- APIs for third-party data providers, including news feeds for the latest standards and regulations
- Mobility options
Environmental, Social, and Governance (ESG) Software Comparison
Consider the following when purchasing ESG software.
Use Case: There is a great deal of overlap amongst ESG, GRC (Governance, Risk, and Compliance), EHS (Environment, Health, and Safety), environmental, and sustainability management software. Vendors offer products with a range of functions, select one that covers your requirements but does not include unnecessary features.
Scope: If you are looking for a comprehensive solution, some products include ESG, GRC, EHS, and sustainability management functionality. Depending on your organization’s needs, a specialized product may fit your needs.
Pricing Information
Vendor price quotes are required for ESG software and will vary based on the functions and industry supported. Free trials are sometimes available.