ESG Cost & Benefit (Tax angle)

Many people ask me if I could quantify the ESG indicators in Envizi.

We need to add 'Cost & Benefit' figures/plots/page in Envizi to quantify the ESG indicators. The most common one would be Carbon price. Even though C-suites are super interested in emission reduction, but they are even more interested knowing 'MONEY' angel of ESG. this can be show as 'TAX'. all these 'price' per units can be both manual or can be connected to price forecast platform, like carbon price from refinitive (EY has access to that) or bloomberg (we have to get some kind of agreement with them). Other tax (cost) can be like plastic tax in EU, or sugar tax in Canada, can be manual input. On the social aspect, he cost of retention and .... can be added as well :)

Idea priority	High
Needed By	Yesterday (Let's go already!)
IBM Wide Managed Tags: Ideas	Source: Customer, Type: Sustainability_Software_Field

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Stephen Foster

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| Feb 27, 2023

Hello,
The Envizi platform can capture custom metrics per client when required. This includes creating account styles to capture data like 'carbon price' or 'tax' or any other quantitative metric that is required by a client. This functionality would need to be added as part of a Services configuration.
The Sustainability Reporting Manager tool, which is part of the 'ESG Reporting Frameworks' module can also be configured to capture custom 'questions' if they are relevant to ESG disclosures. More information on that can be found here: https://knowledgebase.envizi.com/home/srm-custom-frameworks

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