Secure a process to track, store, report data - INTERMEDIATE

Cost
LOW
Cost
MEDIUM
Cost
HIGH
EFFORT
low
EFFORT
medium
EFFORT
HIGH
IMPACT
low
IMPACT
MEDIUM
IMPACT
HIGH

This step aims to:

1) define the rules and procedures for collecting, storing, processing, analysing and reporting data (data governance);

2) implement the day-to-day data management processes in accordance with the defined rules (data stewardship).

The process ensures the security, integrity and quality of the data. As sustainability data becomes part of mandatory reporting, data compliance will also need to be considered.

Finally, it is important to communicate and explain the process to data providers and users.

Higher ESG ratings

for companies with CSOs in 2022
(Strategy-business)

ADDITIONAL RESOURCES

Read the methodology provided by the Data Governance Institute for data management.