Strategic Focus: Winning ESG Product Strategies For EHS Software Vendors
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Executive Summary
Since 2019 a diverse range of stakeholders – led by investors – have accelerated demands for better quality environmental, social and governance (ESG) disclosures, improved performance and enhanced risk management. As developed economies emerge from the COVID-19 pandemic, policymakers around the world are doubling down on a wide range of ESG-related initiatives, from slowing climate change to preventing modern slavery in the supply chain and enhancing diversity, equity and inclusion (DEI). This report focuses on environment, health, and safety (EHS) software vendors and provides recommendations on how these firms can leverage their installed base and existing application portfolios to meet the needs triggered by the rise of corporate ESG strategies.
Table of contents
Framing The ESG Market Opportunity For EHS Software Vendors
Sustainability Executives Need A Digital Response To Ballooning ESG Challenges
EHS Software Is A Strong Starting Point For An ESG Information Architecture
EHS Vendors Need A 2025 Vision To Shape Their ESG Product Strategy
Vendors Should Benchmark EHS Software Against The Full Range Of ESG Requirements
Target An ESG Commercial Strategy Designed To Maximize Wallet Share
Table of figures
Figure 1. Sustainability Executives Are Under Pressure From Multiple ESG ChallengesFigure 2. EHS Function Is One Of The Most Important For Implementing A Sustainability Strategy
Figure 3. Twelve Functional Requirements For Enterprise ESG Information Management
Figure 4. ESG Product Roadmap Recommendations For EHS Software Providers
Organisations mentioned
Accenture, Accuvio, Achilles, AGA, Alcumus, Arcadis, Assent Compliance, Avetta, Baringa, BASF, Benchmark Digital, Benevity, Big Health, BlackRock, BNP Paribas, BP, CCH Tagetik, CDP, ClearTrace, Cority, Danone, Deloitte, Diligent, Dow Jones, Ecocion, Ecometrica, EcoOnline, EcoVadis, EEI, ehsAI, Enablon, Energy & Climate Intelligence Unit, Equileap, ERM, EU, EY, GHGSat, GRESB, GRI, IFRS, Intelex, iPoint-systems, IsoMetrix, Johnson & Johnson, L’Oréal, Legal & General, Manifest Climate, MarketPsych, MetricStream, Michelin, MSCI, MTR Corporation, NASDAQ, Nestlé, Novelis, OneTRust, Oracle, Persefoni, ProcessMAP, Project Canary, Puro.earth, Refinitiv, RepRisk, RS Metrics, SAI Global, Salesforce, SAP, SASB, ServiceNow, SiteHawk, SmartHead, Solvay, Sphera, Sprint, Subway, SustainAbility, Sustainalytics, Task Force on Climate-related Financial Disclosures (TCFD), The Climate Service, thinkstep, Tishman Speyer Properties, UL, United Nations High Commissioner for Refugees (UNHCR), University of Oxford, Urgentem, US Securities and Exchange Commission (SEC), VelocityEHS, Verizon, WeSustain, Wolters Kluwer, Workday, Workiva, XDIAbout the authors
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