Richflood Sustainability Reporting Solutions
Environmental, Social and Corporate Governance (ESG) Reporting
In the financial services industry, there is an increasing realization that sustainable practices have a potential to save costs, grow revenues, reduce reputational and legal risks, as well as drive the development of human capital and improve access to finance. The financial sustainability principles and its reporting are vital steps towards achieving a sustainable global economy.
Richflood sustainability solution has been designed to provide customers a one stop dashboard for all their corporate reporting needs.
Allows businesses to track metrics across GRI, SDG, CDP and custom indices.
The solution is organised under 3 heads.
1. Corporate Sustainability,
2. Environmental Sustainability and
3. Health and Safety
WHY CHOOSE ESG REPORTING FROM RICHFLOOD?
Along with our GRI Trained & Certified experts and our carbon accountants, we’ll help you collect, organize, validate, and report your data, in a simple, un-intimidating way.
Unified Sustainability solution to manage and report on all your sustainability parameters with over 150 ready-to-use dashboards, that offer you a single source of truth, real-time, on any device.
Point solutions that solves environmental sustainability challenges as a unified whole- whether CSR, Carbon accounting, biodiversity, health, and safety.
This app covers insights on various dimensions of business strategy including supplier readiness, disclosure, marketing and labelling and other compliances as per GRI, SDG, CDP and other Frameworks.
This app covers comprehensive insights and dashboards related to environmental criteria like emissions, energy, waste, water management etc. in compliance with GRI, SDG, CDP and other Frameworks.
Health and Safety
This app covers occupational health and safety data as defined by GRI, SDG, CDP and other Frameworks to help track and measure consistent and reliable safety and health metrics
The economic realities of ESG
PwC research, conducted in September 2021, reflects the power of crosscurrents. They surveyed 325 investors globally, the majority of whom were self-identified active asset managers making investments for the long term. In various ways, those investors expressed commitment to ESG goals in their investing and as a priority for their portfolio companies. At the same time, most (81% of) respondents expressed reluctance to take a hit on their returns exceeding 1 percentage point in pursuing ESG goals. Many also described significant reservations about the quality of the information available to them when evaluating ESG priorities, including information on the carbon emissions of their investments. See research outcome
Consolidated Set of the GRI Standards
The GRI Standards represent global best practices for reporting publicly on a range of economic, environmental and social impacts. Sustainability reporting based on the Standards provides information about an organization’s positive or negative contributions to sustainable development.
The GRI Standards is a modular system of interconnected standards. Three series of Standards support the reporting process: the GRI Universal Standards, which apply to all organizations; the GRI Sector Standards, applicable to specific sectors; and the GRI Topic Standards, each listing disclosures relevant to a particular topic. Using these Standards to determine what topics are material (relevant) helps organizations to achieve sustainable development.
The Consolidated Set of GRI Standards contains all GRI Standards in one PDF document, including bookmarks for easy navigation.