What are the Top Corporate Sustainability Metrics Software?
Sustainability has become crucial for companies, and measuring it accurately through data-driven decisions can help minimize business risk and increase ROI. There has been a growing trend towards tracking sustainability metrics, from environmental impact to social responsibility. However, finding the right metrics can be challenging without the right tools and resources. Sustainability metrics software solves this problem by enabling organizations to collect, visualize, and analyze data to make informed decisions. In this article, we will explore the top corporate sustainability metrics software that businesses can use to measure their sustainability performance.
1. Trucost
Trucost is a data analytics company that provides environmental risk assessment and natural capital valuation. Their sustainability metrics software helps companies measure their environmental impacts and identify potential risks to supply chains, operations, and investments. The software offers a comprehensive range of sustainability metrics, from carbon emissions intensity to water footprint, waste management, and eco-efficiency. It is widely used by companies such as Unilever, Coca-Cola, and EY.
Key features:
- Comprehensive range of sustainability metrics
- Ability to identify supply chain risks
- Integration with corporate sustainability reports
- Ability to benchmark against industry peers
- Real-time data visualization
2. SAP Sustainability Performance Management
SAP’s Sustainability Performance Management software helps companies measure, manage, and disclose sustainability performance across their operations and supply chains. The software provides a range of sustainability metrics, including energy and greenhouse gas emissions, water usage, waste management, and social responsibility. It enables companies to track their progress against sustainability goals, identify opportunities for improvement, and share their sustainability performance with stakeholders. SAP’s sustainability software is widely used by Fortune 500 companies, including Coca-Cola, Walmart, and Procter & Gamble.
Key features:
- Comprehensive range of sustainability metrics
- Ability to track progress against sustainability goals
- Integration with corporate sustainability reports
- Data analytics and visualization tools
- Social responsibility metrics
3. Sustainalytics
Sustainalytics is a leading provider of ESG (Environmental, Social, and Governance) research and analytics. Their software helps companies identify ESG risks and opportunities across their operations and supply chains. It provides a comprehensive range of sustainability metrics, including carbon footprint, water usage, waste management, labor practices, and supply chain management. The software enables companies to benchmark their sustainability performance against industry peers, identify areas for improvement, and track progress over time. Sustainalytics’ sustainability software is widely used by companies such as Nike, Coca-Cola, and Nestle.
Key features:
- Comprehensive range of ESG metrics
- Benchmarking against industry peers
- Data analytics and visualization tools
- Supply chain management metrics
- Ability to track progress over time
4. Enablon
Enablon is a global provider of environmental, health, and safety (EHS) software solutions. Their sustainability metrics software helps companies monitor their sustainability performance across their operations and supply chains. It provides a comprehensive range of sustainability metrics, including energy usage, emissions, waste management, water usage, and social responsibility. The software delivers real-time data analytics and visualization tools and integrates with corporate sustainability reports.
Key features:
- Comprehensive range of sustainability metrics
- Real-time data analytics and visualization tools
- Integration with corporate sustainability reports
- Supply chain and vendor management tools
- Ability to track progress over time
5. CRedit360
CRedit360 is a global provider of sustainability metrics software solutions for businesses. Their software enables companies to manage their sustainability performance, track progress and compliance, and report on sustainability metrics to stakeholders. It provides a comprehensive range of sustainability metrics, including emissions, energy usage, water usage, waste management, and social responsibility. CRedit360 offers different modules to address different sustainability metrics, including carbon accounting, water management, and supply chain management.
Key features:
- Comprehensive range of sustainability metrics
- Modular system for different sustainability metrics
- Real-time data analytics and visualization tools
- Integration with corporate sustainability reports
- Supply chain and vendor management tools
Conclusion
Having the right sustainability metrics software can make a significant difference in achieving sustainability goals, benchmarking against industry peers, and improving operations and supply chain management. The above-listed five sustainability metrics software solutions are among the top choices for businesses today, providing a comprehensive range of sustainability metrics, real-time data analytics and visualization tools, compliance tracking, and vendor management tools. It is now up to businesses to choose which software best fits their sustainability needs and integrate it into their operations.