Verifying your extracted data has never been more pertinent. The SEC is on the brink of auditing Sustainability claims.
Here are some recent examples of SEC fines related to ESG reporting
Not only is this type of exposure an unexpected financial expense, it exposes risk, damaging to company reputation for ESG reporting. Timely, accurate, and verifiable data is a reporting standard, just as it is with financial reporting. Our connector provides accurate verification of data sources, so data can be properly presented in NZC. Existing data can be easily exported and re-imported to verify legacy reporting. Bottom line is executives can report with confidence on all aspects of your carbon data accounting.
The EU is well ahead with Sustainable Financial Disclosure Regulation (SFDR) following the entry into force of the Non-Financial Reporting Directive (NFRD), two pieces of legislation that mandate rigorous environmental, social, and governance (ESG) disclosures for the benefit of investors.