In this episode, join us as we discuss a new sustainability framework companies can use to improve their sustainability efforts. The document emphasizes data governance's importance and uses a recognized control framework for effective financial reporting, similar to COSO. We explore the challenges of collecting and managing sustainability data while highlighting the need for organizations to have a Chief Data Governance Officer and an in-house data committee. We also discuss the importance of competent leadership, effective See more +
In this episode, join us as we discuss a new sustainability framework companies can use to improve their sustainability efforts. The document emphasizes data governance's importance and uses a recognized control framework for effective financial reporting, similar to COSO. We explore the challenges of collecting and managing sustainability data while highlighting the need for organizations to have a Chief Data Governance Officer and an in-house data committee. We also discuss the importance of competent leadership, effective communication, and the role of vendors offering sustainability-supporting solutions.
Discover how the proper oversight mechanisms can save organizations money by streamlining IT vendors and why sustainability data reporting is the new challenge of achieving Sarbanes Oxley compliance in the 2000s.
Key Highlights:
COSO Internal Control Framework for Sustainability Disclosures
Comparing Sustainability and Ethics/Compliance Frameworks
Challenges in Sustainability Data Collection
Importance of Data Governance in Large Enterprises See less -