Challenges faced by the client in ensuring ESG data accuracy and reporting

As the client embarked on their ESG journey a significant knowledge gap emerged, stemming from a lack of domain-specific expertise and capacity in the ESG space. Compounding this issue was a general lack of awareness within the organisation about its ESG focus areas, making it difficult to prioritise efforts. Meanwhile, investors and regulators were increasingly demanding ESG performance reports, adding up the pressure. The client struggled to identify, collect, calculate, and present ESG data accurately due to inadequate processes. The absence of a clear roadmap for improvement further intensified the challenges and left the client without a clear direction forward.

GovEVA’s role in driving sustainable growth

GovEVA played a pivotal role in the client's ESG transformation, equipping them with the knowledge and capacity to drive sustainable growth and digitally empowering them with enterprise-wide workflows for efficient data and information management. Regular stakeholder engagement provided valuable insights into current practices and helped set clear and achievable targets. A comprehensive gap analysis was conducted to identify areas for improvement, allowing a focus on enhancing both ESG performance measurement and meeting regulatory reporting requirements. This comprehensive strategy prepared them to navigate the evolving sustainability landscape with confidence.

Outcomes

GovEVA was instrumental in delivering the statutory ESG report on schedule. This was followed by the identification of material topics tailored to the client's specific industry. GovEVA's team also calculated and collated relevant data for ESG performance to ensure effective decision-making. Additionally, a strategic improvement roadmap was developed, incorporating digital workflows on the digital GovEVA SaaS platform. This approach facilitated a clear path for advancing ESG performance.

Grant Thornton Bharat ties up with GovEVA

Our recent strategic collaboration with GovEVA, a leading digital ESG SaaS provider, enhances our ability to support your ESG journey. Together, we offer real-time ESG tracking, adherence to global standards (GRI, SASB, BRSR), robust data validation, and AI-driven reporting. Leveraging GovEVA’s ‘360-degree sustainability management’ module, we manage enterprise-wide ESG initiatives with customisable digital workflows and advanced reporting tools.

Get in touch

To know more on how GovEVA can transform your organisation's ESG strategy and drive sustainable growth, request for a demo.
Dinesh Anand
Dinesh Anand
Partner and Leader, ESG & Risk Consulting