ESG & Sustainability Solution

Overview

Today, nearly 90 percent of customers expect corporations to live up to a set of values higher than shareholder return alone. Environmental social governance (ESG) is now a business imperative, and the companies leveraging the combination of sustainability and technology are 2.5x more likely to be among tomorrow’s strongest-performing businesses. ESG criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Typical challenges with the current process include:

• Lack of Transparency and Goal Ambiguity - lack of oversight and accountability when collecting ESG data across siloed data.
• Non-compliance and Reputational Damage - lack of an audit trail and centralized data leads to costly incurred fines
• Overwhelming Paperwork - cumbersome, lengthy documents that are difficult to process
• Extensive Manual Processing - Tedious review process causes the human error and reduced time to value in achieving ESG objectives
• Lack of Productivity - stifled collaboration between stakeholders to implement effective strategies

Xebia’s ESG Solution, built on the Appian platform, leverages Xebia’s ESG expertise and the Appian low-code platform to create a robust workflow to automate the end-to-end ESG governance process and strategy for organizations. Xebia solves these challenges better by tracking and staying ahead of the constantly evolving regulatory landscape. This is done by ensuring compliance through the use of Artificial Intelligence while still ensuring that goals are tracked and decisions can be made in anticipation of future developments.

Key Features & Functionality

• Strategic Guidance -Get information on helpful guidelines, directives, and standards to enable you to develop a structured and holistic strategy on ESG.
• Materiality Assessments - Stakeholder management, executing the end-to-end materiality assessments, and finalizing ESG focus areas. Structure your performance indicators using built & integrated ESG standards, associate and evaluate target areas against UN Goals
• Data Collection - Document, Manage and Track KPI level data with the right configurations, collaboration, and approvals. Automated assignments and workflows for all stakeholders involved in the data collection value chain. Powerful configurations to integrate and automate data collection and manage data collection frequencies.
• Establish and Achieve Goals - Define and track ESG Goals and lay down an action plan to achieve them, with real-time analytics into the performance of each goal, empowering stakeholders to take actions and decisions for lagging goals.
• ESG Real-Time Reporting - Analyze and evaluate the ESG data in real-time to make well-informed decisions and establish the right ESG strategy. Generate ESG Disclosures and Reports based on the industry standards.
• Supplier Risk Assessment & Competitor Benchmarking - Capability to integrate ESG platform to enterprise risk and compliance management for better resilience. Enables third-party risk with automated assessments, reports, and remediation. Track Competitor ESG Score - to drive the right competitive strategy
• Powerful configuration engine - Tailor the solution to meet exactly what it means to your business.

Benefits & Business Impact

The active disclosure and communication of a company’s environmental, social and governmental (ESG) impacts is key to future-proofing your business success. It enables you to take proactive measures and adopt forward-thinking best practices to improve value. Furthermore, reporting ESG data allows stakeholders and investors to gain insight into your business and maximize your positive impact.

• Contribute to a better world
• Appeal to investors and attract capital
• Stay ahead of regulatory requirements
• Manage risks stemming from ESG issues
• Build reputation and trust amongst customers and business partners
• Increase employee retention and motivation
• Identify your strengths and weaknesses
• Create a competitive advantage
• Generate higher value

2022 Solution Success Award Winner The Solution Success Awards recognize the best of the best partner solutions on the Appian AppMarket