After collecting your data, it’s important to review, organise and analyse it for purposes of report compilation. Digital ESG reporting tools such as diginex, which uses blockchain and machine learning technologies in its software, can be a big help by automating parts of this process and streamlining the production of reports at the end of the year.
Stakeholders – When determining the materiality of a given ESG aspect, it’s important to consider the impact both internally on your business and externally on your stakeholders. You may adopt a widely used method, called a “materiality assessment”, to gauge stakeholders’ needs and identify where you want your business to be in the future.
Below is an overview of the types of stakeholders that may be relevant to your business: