Challenges faced by the manufacturing client on ESG performance reporting

One of India's largest manufacturing companies grappled with mounting pressure from investors and customers to report on their Environmental, Social, and Governance (ESG) performance. The complexity of collecting and calculating data from various geographies and departments, coupled with the need to adhere to different global reporting frameworks, posed significant challenges. Their previous reports were rushed and reactive, resulting in several inaccuracies. Additionally, communicating ESG best practices effectively to stakeholders remained a hurdle.

GovEVA streamlines the statutory reporting process

GovEVA provided a blend of cutting-edge technology and expert consulting services which included conducting internal workshops and thought leadership sessions to consolidate all ESG practices under a single platform. Navigating through vast data sets, the team established robust processes for timely and accurate data collation and reporting. Subject matter experts rectified inconsistencies in previously prepared reports. GovEVA automated the statutory reporting process, enhancing efficiency and thereby alignment with the ESG goals.

Outcomes

The creation of a timely and accurate statutory report ensured timely compliance and enhanced reliability. The GovEVA platform made all relevant ESG data readily accessible, enabling senior management to make well-informed decisions. The proactive involvement of internal stakeholders cultivated a culture of accountability and continuous improvement.

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. Utilising GovEVA’s ‘reporting automation’ module, we automate ESG reporting across multiple frameworks with robust data management and security.

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