News - EP&T Global

Effective ESG Reporting: The Role of Accurate Data

Written by Patrick Harsas, CFO | Mar 14, 2023 11:27:24 PM

Accurate data plays a crucial role in effective ESG reporting and can help companies avoid the pitfalls of greenwashing. As businesses increasingly prioritise ESG considerations, stakeholders and investors expect transparency and accountability in reporting practices. Accurate data can ensure that companies meet these expectations and build trust with stakeholders.

CEOs require reliable data to validate their positions and make informed decisions. In the absence of accurate data, companies may fall victim to greenwashing – making false or misleading claims about their ESG practices to create a false impression of environmental responsibility.

By prioritising data integrity, companies can avoid greenwashing and demonstrate their commitment to responsible business practices. Accurate data can help businesses identify areas of improvement, set measurable goals, and track progress over time. This data can be used to generate insights and support strategic decision-making that aligns with ESG goals.

EP&T Global specialises in data capture and integrity and offers a range of services to help companies collect, manage and report ESG data accurately. Our technology and systems provide reliable data that meets international reporting standards, enabling businesses to demonstrate transparency, accountability, and a genuine commitment to responsible ESG practices.

Accurate data supports good strategic decision-making, builds stakeholder trust, and helps businesses achieve their ESG goals. At EP&T, we understand the importance of data integrity in ESG reporting and are committed to helping businesses thrive through reliable and accurate data collection.