Enterprise environmental health and safety (EHS) software provider Cority announced today the launch of Sustainability Cloud, a new solution set aimed at helping organizations manage, and measure sustainability initiatives, and financial professionals to track companies’ ESG performance and progress.
Key features in Sustainability Cloud enabling managers to track and manage initiatives include dashboards to create, capture and report on sustainability metrics, carbon management tools to calculate, collect and report data on Scope 1, 2 and 3 emissions, and automated evaluations and analyses on aggregated sustainability data to facilitate sustainability reporting with built-in standards including GRI, CDP, and the SDGs.
For financial professionals, the solution enables the creation of benchmarks and ratings to conduct comprehensive due diligence and identify investment ESG risks, scorecards to quickly visualize and compare asset ESG performance, and alignment with standards including EU Taxonomy, GRI, SASB, SDGs, GRESB, PRI, and TCFD.
The new release follows the acquisition earlier this year by Cority of responsible business management software company WeSustain. Sustainability Cloud and WeSustain functionality have been integrated into the CorityOne environmental, health, safety, quality, and analytics platform.
Michael Couture, Chief Product Officer, Cority, said:
“From circular economy initiatives to carbon neutrality, sustainability performance and ESG ratings have never been more important throughout the supply chain. Sustainability is a journey that starts with auditable data and transparent reporting you can trust. With Sustainability Cloud, we’re making that journey easier for our clients by providing a powerful solution to standardize and simplify data collection, inform decision-making, and measure and accurately report on the success of initiatives – so organizations can meet their sustainability and ESG targets, reduce carbon footprints, and empower better tomorrows.”