Alcumus launches ESG solution in North America

The company says the solution is hyper-focused on providing data visibility, quality and transparency with the new launch.

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Image courtesy of PinkyPills - iStock

Alcumus, Toronto, has launched its environmental, social, governance (ESG) solution in North America. The company says the solution links material ESG factors together into a single platform, aligned to international best practices.  

The management and analytics platform tracks 11 ESG areas including:  

  • carbon;  

  • waste;  

  • water;  

  • forced labour;  

  • Diversity;  

  • people development;  

  • social value;  

  • ESG profit contribution;  

  • anti-bribery;  

  • Safety; and,  

  • cybersecurity.  

Alcumus says the platform enables businesses of all sizes to build one comprehensive view of their ESG performance, providing expansive data analysis across 11 key ESG areas. The solution will help link sustainability decisions with risk management processes to track, organize, interpret and present data to managers, senior leadership and investors on ESG performance and impact.  

"The launch of the ESG solution in North America is important for our organization globally but more importantly, for our customers in the United States and Canada,” says David Picton, senior vice president of sustainability for Alcumus. "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. 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 behaviors for commercial benefit."  

The launch is a step toward building on the company’s risk management solutions which supports more than 45,000 customers globally, including 46 percent of firms in the Financial Times Stock Exchange 100.  

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

"Data integrity, visibility and transparency are the true core of our ESG solution not only in North America but globally," says Dave Martin, senior vice president of global product marketing for Alcumus. "Our job is to ensure businesses have access to and can connect the right data to help them report on and realize their unique ESG objectives. Our entire team is proud to launch this solution in North America, which builds on our core goal of creating safer, more sustainable workplaces worldwide."