Spot ESG pain points and highlight successes faster
Believe it or not, ESG data is everywhere. If you don’t see it, you might not be looking hard enough.
The transition to a hybrid model of working has taken wellbeing concerns from office spaces to homes, where employers still have to remain compliant with Environmental Health and Safety (EHS) standards. This also holds true for environmental issues: even if a team works entirely remotely, hard data will be needed to convince ESG regulators that your WFH practices are sufficiently sustainable.
The growth in scope of ESG will require businesses to turn over every stone in search of ESG data. Advanced analytics take the pain out of this process by delivering instantly readable insights from every relevant data source.
This allows everyone – not just data specialists - to access a central data framework, recognise what the data is telling them, and to act on it swiftly.
Make participation in ESG reporting seamless by democratising data
As we’ve touched on, making data available and readable for everyone involved in your business (including your supply chain partners) is an incredible advantage.
For many businesses, data is handled by a dedicated team. Counterintuitively, it also resides in siloes, held by different departments. This makes the task of gathering data from multiple sources as laborious as eventually interpreting it.
That also goes without mentioning how steep the learning curve can be to onboard people to your existing data or business intelligence platforms.
This is why data can become synonymous with ‘hassle’ to some people. Decision analytics, such as those provided by the Pyramid Decision Intelligence platform, are critical to empower everyone from your C-suite to your front line to take ownership of ESG reporting. Converting data into actionable insights allows users up and down the business to pinpoint ESG hotspots, create instant reports and build a culture of proactive data use.