Sustainability accounting is based on relevant sustainability data that has been monitored over a period of time.
It is important to ensure that sustainability accounting is part of the company's processes and that data collection is an ongoing activity in order to continuously identify improvements. Like other non-financial data and performance indicators, environmental, social and governance (ESG) data must be well understood in context, presented with a narrative of qualitative information and linked to financial data. Once you have selected the relevant sustainability data, you should do the following:
- Identify data owners: which department is responsible for and owns the information? or which people in the organisation know the processes and can capture and interpret the sustainability data in its context?
- Review what information is already available and what is already being measured.
- Define the set of characteristics for each data: definition of the metrics, the format, the quality criteria, the frequency...
A company can often build on its existing resources and business metrics by adding some missing data to align with the standards and frameworks.
1000
Data points have been identified, by the CSRD, that companies may have to report on. But only those material to their financial performance are obligatory for reporting.
(Pwc)
SustainableSG was started in September 2018 to accompany companies, non-profit entities and government agencies to review and implement effective and sustainable corporate strategies. Our services include:
Sustainao supports companies in their sustainability journey by building an impactful strategy, embedding sustainable practices across operations, and reporting performance to stakeholders.
Our sustainability consulting services are designed in a continuous improvement process:
At Tulyā, we are accredited sustainability consultants holding certifications in GRI, SASB and TCFD (now IFRS-ISSB), and ISO 14064 GHG Lead Verifiers, alongside being Singapore Certified Management Consultants. We are dedicated to driving sustainable business development across industries through Sustainable Management Accounting.
We help MNCs with:
We help SMEs with:
We are a decarbonization software focussing on automating the emission measurement of Scope3 emissions, specialising in Asia Pacific supply chains.
Zuno is a pioneer in decarbonisation, carbon & ESG management. Our tech platform helps leading organizations measure, reduce and report their carbon emissions and ESG performance. Powering you towards your sustainability goals, one step at a time.