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Give our Sustainability Database a try.
July 29, 2024 • 3 min read
Interoperability Galore:
Conquering the world of Regulations, Principles, Frameworks, Taxonomies and Metric Sets
The ever-growing list of sustainability reporting requirements is difficult to manage for both those new and old to the field. Additionally, the number of internal and external stakeholders responsible, accountable, consulted, and informed within the processes continues to grow.
Reimag.in supports companies and investors to navigate the complexity of sustainability reporting requirements. Given our work and expertise in navigating these various frameworks, metric sets, industry initiatives, and regulations, we wanted to share this practical database with you. We hope that the way the database has been presented and summarized will be helpful toward your prioritization, budgeting, education and awareness, and ultimately the selection process.
Reimag.in Interoperability Database, https://www.reimag.in/frameworks, 2024.
Why did we build this?
Our partners responsible for sustainability continue to highlight the following pain points:
Prioritization & Budgeting
Which should I prioritize, what is the expected cost?
Level of Effort vs. Expected Benefit
How long should we budget? Is there an external assurance requirement? What is the perceived benefit of compliance?
Education & Awareness
We need to present this to our Board and Executive as we request for additional budget; do you have an overview that would summarize the benefits, timelines, and costs?
How can this database help you:
- Navigate the relationship between these tools and frameworks
- Filter the database based on user type and criteria
- Download the executive summary for the purpose of education and awareness
How did reimag.in define the classification?
Regulation: This reporting framework is mandated by a regulatory body.
Principle Set: High-level objectives that organizations commit to achieve. No prescribed approach, custom responses are acceptable.
Practice Standard: Framework with prescribed Roles & Responsibilities, Processes, Policies, and Governance systems required for compliance.
Metric Sets / Taxonomy: A set of metrics that are organized thematically.
Targets: A framework with thresholds and targets outlined, oftentimes by geography, industry, or sector.
Give it a go!
Give it a go!
Visit this tool here and let us know what you!
