Integrated risk management and governance, risk, and compliance (GRC) solutions provider MetricStream announced today the launch of MetricStream ESGRC, a new software solution aimed at enabling organizations to measure and manage ESG risks and programs.
Built on the company’s MetricStream Platform, the new solution allows businesses to track emerging and changing regulations, manage disclosure requirements, conduct self-assessments, identify issues, and maintain action plans. Key features of the platform include frameworks and disclosure management encompassing requirements for various ESG frameworks and enabling the creation of formatted reports; metrics management; self-assessment; supplier management; risk assessment; issue and remediation to maintain action plans, and; content integration with third party systems.
Bruce Dahlgren, Chief Executive Officer at MetricStream, said:
“Good governance fosters trust, transparency, and longevity. To foster that trust and guard your organization, you need a clear line of sight to an ESG measure. We believe that purpose drives performance and that is why we are stepping up to the plate to make ESG a reality; making it simple to implement while providing C-level data that fosters responsible growth and trust with all stakeholders.”