ESG Reporting Frameworks & Standards

IsoMetrix Lumina provides built-in standardization measures to help your organization effortlessly measure, manage, and report on performance toward ESG initiatives.

Global perspective of impact on the environment.

The Growing Importance of ESG Reporting

Simplify ESG reporting and align with ESG standards and frameworks with Lumina ESG software.

Environmental, Social, and Governance (ESG) topics have become of major relevance within the world of business and organizational sustainability. 

With growing legislation and regulatory control surrounding these topics, companies have realized that they need to start taking ESG management and reporting seriously. Given the broad scope and potential complexity of ESG however, they may have little idea how to start, or where to begin.

ESG reporting frameworks and standards are an attempt to standardize the types and scopes of information that need to be collected by organizations. They provide useful standardization measures to help organizations measure, manage, and report on how successfully they are achieving their sustainability targets.

ESG Reporting Standards and Frameworks IsoMetrix Lumina Supports

Measuring and managing your organization’s sustainability performance against stakeholder and compliance requirements doesn’t have to be exhaustive. IsoMetrix Lumina centralizes your ESG data and provides preloaded ESG standards to accelerate and simplify reporting. Learn more about some of the common ESG reporting standards and frameworks that you can find in the Lumina ESG Platform, like GRI, SASB, TCFD, CDP and more shown below.

The Global Reporting Initiative (GRI) logo.

Global Reporting Initiative (GRI)

GRI (Global Reporting Initiative) helps businesses and other organizations take responsibility for their impacts, by providing them with the global common language to communicate those impacts.

The GRI Standards enable any organization – large or small, private or public – to understand and report on their impacts on the economy, environment and people in a comparable and credible way, thereby increasing transparency on their contribution to sustainable development.

Sustainability Accounting Standards Board (SASB)

The SASB Standards guide the disclosure of financially material sustainability information by companies to their investors. Available for 77 industries, the Standards identify the subset of ESG issues most relevant to financial performance in each industry.

The Sustainability Accounting Standards Board (SASB) logo.
The Taskforce on Climate-related Financial Disclosures (TCFD) logo.

Taskforce on Climate-related Financial Disclosures (TCFD)

The TCFD recommends the types of information that companies should disclose to support investors, lenders, and insurance underwriters in appropriately assessing and pricing a specific set of risks related to climate change.

The disclosure recommendations are structured around four thematic areas that represent core elements of how companies operate: governance, strategy, risk management, and metrics and targets.

CDP (formerly Carbon Disclosure Project)

CDP runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts, and CDP reporting is often a focus of ESG disclosure as it focuses on climate change, an area that is of particular interest to shareholders and consumers alike.

The Carbon Disclosure Project (CDP) logo.
IsoMetrix Lumina offers preloaded UN SDGs reporting to seamlessly report against these requirements.

United Nations Sustainable Development Goals (UN SDGs)

Formulated by the United Nations General Assembly in 2015, the SDGs are 17 goals forming an urgent call for action by all countries in achieving peace and prosperity for people and the planet, now and into the future.

World Economic Forum (WEF) ESG Metrics

This initiative seeks to improve the ways in which companies measure and demonstrate their performance against ESG indicators, and track their positive contributions towards achieving the UN Sustainable Development Goals (UN SDGs) on a consistent basis.

It has identified a set of universal metrics and disclosures, deliberately drawn from existing standards. Its twin objectives are to accelerate convergence among the leading private ESG standard-setters, and to bring greater comparability and consistency to the reporting of ESG metrics and disclosures.

Easily report on EFG ESG Metrics with IsoMetrix Lumina ESG software.

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