Who’s afraid of sustainability reporting?

Dedicated teams will gather information on environmental, social, and governance (ESG) factors, not only from various internal departments but also from external business partners. Even firms too small to employ dedicated sustainability experts may find themselves hit with data requests. While in theory, most small and medium-sized enterprises (SMEs) are exempt from reporting requirements, in practice, larger customers may ask them to provide relevant information.

According to a survey by the website edie.net, most companies currently engaged in sustainability reporting have teams of up to four professionals. The top 9% of firms boast sustainability departments with more than 10 employees. Yet, even these respondents report feeling overwhelmed. How, then, can SMEs be expected to navigate this quagmire?

At ISR, we’ve developed Klimatool, an ESG reporting platform designed to minimize the challenges for SMEs. The process is made as self-explanatory as possible. For additional support, we arrange a phone call to walk companies through the forms. Wherever publicly available information exists, the platform pre-fills the questionnaires. Simple templates help SMEs identify relevant sustainability issues and formulate their policies. Benchmarks allow entrepreneurs to see how they measure up against their competition. Climate risk scores assist in managing their business risks. With just a click, the platform generates drafts of sustainability reports and fills out forms commonly requested by banks. Klimatool is a one-stop solution for all your sustainability reporting and climate risk management needs, tailored specifically to small and medium-sized enterprises. By transforming sustainability reporting from a regulatory chore into a strategic tool, SMEs can gain an advantage in today’s increasingly eco-conscious market.