How does Nasdaq Metrio ensure the reliability and auditability of the ESG data collected?
Nasdaq Metrio ensures data reliability through optimized collection tools that include automated checks for variation thresholds and double entries. It also prompts users to enter new data and add supporting documents, while administrators can follow collection progress and approve new data. For auditability, the platform allows internal or external auditors to certify data and methodology, providing granular, secure access to data for vetting reports.
Can Nasdaq Metrio accommodate custom calculation methodologies for specific ESG metrics?
Yes, Nasdaq Metrio allows for the customization of calculation methodologies. Users can define their own methods for generating KPIs and even include forecasts to better identify ESG risks and opportunities, ensuring that the analytics align precisely with their organization's unique sustainability goals and reporting requirements.
What types of output formats are available for ESG reports generated by Nasdaq Metrio, and can I use my own templates?
Nasdaq Metrio supports the generation of reports in multiple formats including PDF, PowerPoint, Word, and Excel. Users can select desired filters and gather data and texts to create ready-to-publish reports. The platform also allows users to use their own templates, add custom texts and visuals, and save these as new templates for future use.
How does the Metrio Communication Module enhance stakeholder engagement beyond traditional reporting?
The Metrio Communication Module goes beyond static reports by enabling the creation of a dedicated sustainability website. This website can share the organization's vision and performance through interactive charts, allowing for real-time data synchronization. This approach helps reach a wider audience, boosts engagement, tracks readership, and reduces the need for annual PDF redesigns.
Which ESG frameworks and standards does Nasdaq Metrio support for disclosure?
Nasdaq Metrio is designed to feed any framework or disclosure questionnaire with its database of granular, auditable data. It explicitly mentions support for major frameworks such as SASB, GRI, and CDP, and allows organizations to select metrics based on their materiality or any other chosen framework.
How does Nasdaq Metrio facilitate collaboration across different teams and suppliers during the data collection process?
Nasdaq Metrio acts as a central sustainability hub, enabling collaboration across teams and suppliers. It streamlines the data collection and review process by sending task reminders, flagging unusual variations, and maintaining an audit trail. This collaborative environment ensures efficient data gathering and review from various stakeholders within and outside the organization.