Trusted ESG Metrics: The New ‘Must-Have’ for High Growth Businesses
ESG has moved quickly up the priority list for organisations of all sizes. Small and midsized, fast-growing businesses also must chart a strategy for how they’ll adhere to one.
Today, investors increasingly consider ESG factors in their decisions, and customers and employees want to understand the ESG credentials of the brands they buy and the businesses they work for. And for organisations in regulated industries, the demands of ESG reporting are becoming more and more rigorous.
So, tracking and evidencing ESG metrics is essential today. With standard NetSuite tools such as NetSuite Planning and Budgeting and NetSuite Analytics Warehouse, it’s easy. As well as helping you to run your business, NetSuite can help you store the right data and report against frameworks such as GRI and CSRD.
Single source of data supports profitable decisions and an optimised supply chain
Back in 2016, The Cheeky Panda’s founders Julie Chen and Chris Forbes were struck by the amount of surplus bamboo going to waste in a factory they were visiting. Fast forward seven years, and The Cheeky Panda has grown into a £12-million business transforming this sustainable material into eco-friendly tissue paper and wipes. It’s quite a journey from a home-based business to a certified B Corp selling over 16 products in 25 countries.
Helpful guides, reports, and insights
Infographic: Trusted ESG Metrics: A New Must-Have for High Growth Companies
It’s way more than box-ticking. Download this infographic to get the picture on ESG metrics, why they matter, and how to track them.
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Guide: Effectively Plan and Report on ESG Initiatives
Build a complete and consistent picture of your ESG programmes. Our guide identifies key issues, sets out best practices, and highlights the role of ERP in bringing everything together.
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On-demand webinar: How CFOs Can Integrate ESG as Part of Their Long-Term Business Strategy
Watch this webinar recording with IDC, Oracle NetSuite, and Oracle to explore how ESG management can drive value to your business.
Watch now
Data sheet: NetSuite ERP: A Unified, AI-Powered System to Run Your Business
Discover how to streamline operations, boost productivity, and gain real-time insights with NetSuite.
Read now91% of business leaders believe organisations that use technology to help drive sustainable businesses will be the ones to succeed in the long run.
Source: Oracle + Savanta ESG Global Study
Effective ESG strategies need accurate and visible metrics
Integral to success
ESG objectives are no longer a ‘nice to have’. Today, they are an essential component of success—and a legal requirement for many. When businesses prioritise ESG, they get better access to capital, consumer preference, improved customer retention, and operational efficiencies, which all contribute to sustainable and resilient success.
ERP supports ESG
To meet their ESG obligations, organisations need to collect, monitor, and report on ESG data. The right technology solution takes the pressure out of this process, reducing risk and ensuring cost-effective compliance. Acting as a central store for ESG data, cloud ERP provides an accurate, real-time view of metrics, with the automation and audit trails that are essential for ESG reporting.
Geared for sustainability
NetSuite’s flexible data model and custom reporting give businesses an ESG advantage. NetSuite cloud ERP is geared for the fluid nature of ESG regulations, offering scalability, data transparency, and analytics for compliance. With NetSuite, companies get a future-proof ERP system that combines robust financial and operational tools alongside ESG reporting to drive sustainable success.
Proven ESG progress
Telling a good sustainability story is easy. Backing it up with real numbers can be harder. With NetSuite, you can track and report on key data, metrics, and KPIs from across all areas of your business so customers, staff, investors, and other stakeholders can clearly see the positive impact your business is creating..
NetSuite helps us look at the number of products that we’ve sold on an item-by-item basis. And we can add that into our ESG calculators and then look at the impact in terms of carbon, plastic, and trees."
Chris Forbes, Co-Founder, The Cheeky Panda
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