Alcumus leading the way in ESG data visibility, quality and transparency with new solution launch

• The first of its kind to link material ESG factors together into a single platform, aligned to international best practice.
• New management and analytics platform tracks 11 key ESG aspects including Modern Slavery, Carbon, Waste, Anti-Bribery and Social Value.
• ESG Profit analysis enables organisations to understand and quantify the financial benefit of their ESG strategies.

Alcumus announces the launch of a new international, standards-based Environmental, Social and Governance solution. The platform enables businesses of all sizes to build one true view of their ESG performance for the first time, providing simple data analysis across 11 key areas.

Combining our 40 years’ experience and expertise in delivering ESG solutions, the new integrated proposition will help clients link sustainability decisions with risk management processes, so they can track, organise, interpret and present data on their ESG performance.

With evidencing responsible practices a growing priority, organisations can now choose from a growing list of ESG measures: Modern Slavery, Carbon Footprint, Waste Management, Water Usage, Safety, People Development, Social Value, Equality, Diversity and Inclusivity, Anti-Bribery, Cyber Security, Profit Contribution.

By aggregating ESG data into one management and analytics platform, previously captured in isolation by multiple providers, spreadsheets or manual forms, organisations can easily manage compliance to regulatory requirements, quantify the financial benefit of ESG strategies and demonstrate responsible practices to stakeholders.

The launch is a strategic step that builds on our proven risk management solutions, which currently supports over 45,000 customers globally, including 46% of firms in the FTSE 100.

David Picton, SVP of Sustainability at Alcumus, says:

“A company’s reputation is increasingly – and correctly – linked to its ESG approach, irrespective of sector and size. Businesses need to prove they’re managing their operations without compromising on safety, sustainability or ethics, for their performance, their people and their supply chains.

“Successful ESG strategies rely on diverse data streams measured accurately and consistently across business units. Current methods of data collection and storage are not uniform, resulting in challenges to reporting ESG performance accurately. Making actions and impacts measurable is the foundation of sound business decisions, setting a challenging balance that changes behaviours for commercial benefit.”

Alyn Franklin, CEO Alcumus concludes:

“ESG priorities are now a core investment criteria, so data integrity and visibility have never been more important. At Alcumus, we connect sustainably minded companies with verified, responsible suppliers and ESG is the ‘golden thread’ which unites these partnerships. This solution shines a new light on risk categories that were previously in the shadows, delivering evidence of the commercial returns and progress toward strategic goals to all stakeholders.

“We’re proud to launch this solution, the first of its kind, building on our heritage and laying the foundation for future ESG services and solutions.”