Sustainability Management & Reporting Tool (SMaRT)
As businesses are becoming more global, they required to maintain a transparency with their clients and consumers. Clients, consumers, investors are reviewing indices and performance while choosing brands, as a result businesses are required to improve their reporting standards so that they can generate positive impact for their company.
With Global Warming due to climate change taking the centre stage as world's most addressed issue, gone are the days when financial performance alone could define an organization’s position. Companies are facing increasing demands to not only deliver innovative products and services, but to do so in a socially and environmentally responsible manner.
Sustainability Reporting provides insight into the organization's economic, environmental, social and governance performance. It let organization's to measure, understand sustainability parameter matrices, set goals and manage changes effectively.
mySetu SMaRT provides functionality of reporting on various frameworks comprising of different parameters or KPIs. The example of framework includes GRI framework comprising of 84 parameters/KPIs. The example of parameter/KPI includes total water withdrawal from different sources such as river, groundwater, rainwater, municipal water.
mySetu SMaRT module provides services to collect data (automatically from source, from existing data files or manual upload), compile data under various KPI’s and prepare a report according to the framework chosen. It’s predefined templates according to various types of frameworks like GRI, CDP, etc., help in giving a quick start and a vast database of KPIs allow to just select the required ones according to your materiality.