Eyes on Data: Improving ESG Reporting with Established Industry Standards
By John Bottega, President, EDM Council Published on TDAN.com
In today’s rapidly evolving corporate landscape, environmental, social, and governance (ESG) reporting has become a focal point for organizations aiming to demonstrate their commitment to sustainability and responsible business practices and comply with a growing roster of regulations. As companies navigate the complexities of ESG reporting, they increasingly seek guidance on how to effectively manage and disclose ESG-related information.
However, with the surge in demand for credible, externally assured ESG disclosures comes the challenge of effective data management. Fortunately, established industry standards offer valuable frameworks that can be leveraged to streamline ESG reporting processes and enhance data quality: the EDM Council’s DCAM data management best practices and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) guidance for ICSR…
Prodago aims to be the go-to technology partner for organizations wishing to leverage data and analytics to the fullest while limiting their exposure to quality, compliance and ethics risks. They provide executives with the confidence that they are fully aware and in complete control of all their data and AI governance endeavors, as they push it as widely as possible in their organization.
Through consulting with many organizations on lean data governance, Prodago’s leadership established that data risks and regulations are not about the data itself but instead formed by their application to solving business problems, including analytics, machine learning and AI. In each case, mitigating the resulting exposure can be achieved through specific sets of operating practices.
U.S. Department of Agriculture joins the EDM Council
The U.S. Department of Agriculture provides leadership on food, agriculture, natural resources, rural development, nutrition, and related issues based on public policy, the best available science, and effective management.
They have a vision to provide economic opportunity through innovation, helping rural America to thrive; to promote agriculture production that better nourishes Americans while also helping feed others throughout the world; and to preserve our Nation’s natural resources through conservation, restored forests, improved watersheds, and healthy private working lands.
ICW Group becomes the newest member to join EDM Council
ICW Group Incorporated in 1972, San Diego based ICW Group Insurance Companies is the largest group of privately held insurance companies domiciled in California. Quoting more than $3 billion annually, ICW Group represents a group of Property and Workers’ Compensation insurance carriers, including Insurance Company of the West and Explorer Insurance Company.
ICW Group is recognized nationally as an industry leader in helping policyholders achieve fewer and less costly claims, and is committed to meeting the needs of its policyholders and elevating the trusted agents and brokers who advise them. The company offers its insurance products through an independent network of experienced and professional agents and brokers.
Welcome Aboitiz Data Innovation as EDM Council’s newest member
Aboitiz Data Innovation (ADI) is a forward-thinking data science and AI start-up with a strong commitment to research and a human-centric approach. Our mission is to provide transformative AI-powered products and capabilities to businesses across diverse sectors. With a heritage rooted in the Philippines’ Aboitiz Group and headquartered in Singapore, we are uniquely positioned to serve clients in banking & financial services, power, and smart cities (real estate, airports, construction, land and food) industries.
National Bank of Canada offers a full range of financial services for individuals, businesses, and clients with specific needs, both domestically and internationally. They also offer a wide range of banking and insurance services as well as innovative investment and wealth management solutions.
Central Bank of the UAE becomes the newest member to join the EDM Council
The Central Bank of the UAE promotes financial and monetary stability, efficiency and resilience in the financial system, while also working to protect consumers. It is the supervisory and regulatory authority of the banking and insurance sector.
The CBUAE promotes financial and monetary stability, efficiency and resilience in the financial system, and the protection of consumers through effective supervision that supports economic growth for the benefit of the UAE and its people.
RMG is a pioneer Saudi company for IT services, consultation and specialized training. Our services are offered by qualified experts and consultants. The company has a distinguished record of achievements inside and outside the Kingdom of Saudi Arabia, and adopt continuous improvement methodology.
RMG is always open to establish strategic relationships with customers from public and private sectors, and succeeded to gain the confidence of many customers to carry out unique and very important projects.
RMG works in harmony with Saudi Vision 2030 to build a prosperous economy for an ambitious country and society by fostering the culture of distinction in private and public sectors.
New! Playbook for Effective ESG and Sustainability Data Management
EDM Council is excited to announce the publication of the Playbook for Effective ESG and Sustainability Data Management, the fifth report produced by the ESG Working Group. This guide is intended to help companies understand how to leverage existing tools and known data management capability requirements to accelerate the design and execution of a data governance and management strategy for ESG and sustainability data and reporting.
Mizuho becomes the newest member to join the EDM Council
Mizuho is a full–service financial institution that provides five core services—banking, securities, trust, asset management, and research & consulting—in an integrated manner to create greater value for their customers. Its activities include streamlining group management functions, creating synergies across various business fields and capabilities, and leveraging the defining strengths and characteristics of the Mizuho group.
