Environmental, Social, and Governance (ESG) criteria have become a critical component of corporate reporting, influencing investor decisions and public perception. However, ESG reporting standards are still evolving, leading to uncertainties in requirements and the need for agile data management systems that can adapt quickly to change.
A major challenge companies face is the lack of clear and consistent ESG reporting requirements across different jurisdictions and industries. This ambiguity is compounded by the rapid pace at which ESG metrics and sources evolve, making it difficult for companies to keep up with the necessary data collection and reporting processes. Companies need a solution that allows them to integrate new data sources and adjust to new reporting requirements with minimal disruption and cost.
Datavault Builder leverages the Data Vault methodology, and provides a robust framework for managing ESG data. The Data Vault model is designed for agility and scalability, enabling organizations to:
By implementing Datavault Builder, companies can expect:
Datavault Builder can be an essential asset for companies navigating the uncertain landscape of ESG reporting. It equips them with the necessary agility, ensuring they remain compliant and can effectively communicate their ESG performance to stakeholders.