Comprehensive data collection & reporting
Whether you're addressing non-financial reporting directive (NFRD) regulations, GRI standards or preparing for corporate sustainability reporting directive (CSRD) requirements, you can centralize all your data from your diverse environmental, social, and governance business systems with Prophix One. With flexible imports, integrations, and validation rules, you can maintain full control over your data at every stage of the process.
Eliminate consolidation cost and complexity
ESG reporting standards can differ based on your organization's size, industry, and location. But no matter the complexity of your ESG reporting frameworks, you can achieve rapid, comprehensive consolidations. By intelligently automating your reporting and compliance processes, you can eliminate the necessity for costly customizations and maintain regulatory compliance.
Self-serve analysis and reporting
Enhance regulatory compliance, elevate ESG performance, promote stakeholder engagement, and bolster long-term financial and environmental sustainability with comprehensive reporting and data analysis capabilities. You can recognize, respond to, and delve into patterns and trends with the help of dashboards. Personalizing your ESG data enables you to proactively navigate shifting regulatory landscapes.
End-to-end reporting, disclosure, and planning
Effectively manage disclosure management reporting by implementing an efficient authoring and approval process for documents within and across teams. Keep track of your reports and easily avoid mistakes and version mix-ups, and use iXBRL tagging to confidently meet changing rules and send reports to local regulators.
Take on ESG complexity with ease
Reduce data errors with direct integration of your source systems.
Complete your disclosure management more efficiently with collaborative workflows.
Plan ahead for changing regulations using what-if scenarios.
Easily convert data types and measurements to regulatory standards.
A solution for every leader
Chief Financial Officer
Provide data clarity to empower your organization to drive financial performance and be prepared for the road ahead.
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Controller
Automate processes and unlock your analytical mind with on-demand analysis and monitoring of cash flows.
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Learn moreFrequently asked questions
Environmental, social, and governance (ESG) refers to a set of criteria considered when assessing the sustainability of companies and countries.
The UN began its work on sustainability back in the 80s with the publishing of the Brundtland Report, but most of the progress in the field of ESG has been made over the past decade. Research analyzing the World Business Council for Sustainable Development’s (WBCSD) Reporting Exchange platform, which covers more than 2,400 ESG regulations in over 80 jurisdictions worldwide, has concluded that regulations have increases 155% in the 10 years following 2011.
The ESG regulatory environment is a rich tapestry of local regulations, varying in scope and depth. There are several significant regulatory updates on the horizon for 2024. Among these new regulations are ESG laws in Germany, the Netherlands, the UK, India, the US, Hong Kong, and the upcoming ESG directive in the EU – the CSRD.
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