Solving ESG Data Challenges: How Altru Helps Organizations Turn Complexity into Clarity

Navigating the complexities of Environmental, Social, and Governance (ESG) data can be a significant challenge. ESG data is largely gathered manually and stored in scattered spreadsheets, hindering true understanding and effective communication.

We built Altru, a holistic ESG data management platform, to empower organizations not only to collect and report ESG data but also to leverage it for strategic advantage.

The Strategic Imperative of ESG Data Management

The increasing demand for ESG transparency is no longer just about meeting regulatory checklists. Investors now view ESG performance as a key indicator of long-term value and risk. Stakeholders are calling for greater accountability, and regulators are enforcing more stringent reporting requirements. In this evolving landscape, a robust ESG data management strategy, supported by a powerful platform—is no longer a nice-to-have; it’s a strategic imperative.

Challenges with ESG Data: 

Common data challenges faced by business and industries with ESG Data Management: 

1. Data Silos: ESG data often lives across disparate systems and departments, making a holistic view nearly impossible. 

2. Inconsistent Data Types: ESG data exists in different modalities. Varying definitions, collection methods, and types make it difficult to process all together.  

3. Varied Data Consistency & Frequency: Data is not available in the same time frequency or is inconsistent in its recording periods. Leading to data that’s difficult to compare and analyze. 

4. Manual and Error-Prone Processes: Relying on spreadsheets and manual data entry is inefficient, increases the risk of inaccuracies, and hinders scalability. 

5. Data Ownership: Given operational data siloes, the responsibility of data is distributed among teams which makes it challenging to find the right data, and creates a shared dependency. 

6. The Reporting Burden: Juggling multiple reporting frameworks (BRSR, GRI, SASB, etc.) can be time-consuming and resource-intensive. 

7. Lack of Visibility: Simply collecting data isn’t enough. Organizations need the tools to analyze trends, identify risks and opportunities, and inform strategic decisions. 

8. Difficult to Measure Outcomes: Once initiatives are implemented, poor data management systems make it difficult to measure the outcomes of initiatives.

Traditional ESG Reporting Process

At SHI | Locuz, we’ve engineered ESG Reporting solutions to address these challenges head-on. Our platform provides a comprehensive solution for managing your entire ESG data lifecycle: 

• Replicate your Organization: Digitally replicates your organization to accurately map sustainability metrics per site & location to identify gaps and curate specific decarbonization strategies. 

• Seamless Data Integration: Connect to your existing systems – from environmental monitoring tools to HR databases – to automatically collect and centralize all your relevant ESG data in one secure environment. 

• Automated Reporting and Framework Alignment: Effortlessly generate reports aligned with BRSR, GRI, and other major ESG reporting frameworks.  

• Powerful Analytics and Visualization: Altru offers analytics and intuitive visualizations to identify trends, benchmark performance, gain actionable insights, and set ESG goals, all within the platform.  

• Collaboration and Workflow Management: Facilitate seamless collaboration across teams with defined workflows for data collection, review, and approval. Our systems are built to automate project management through the platform, reducing the need to manually follow up and avoid missing reporting deadlines.  

• Secure and Scalable Infrastructure: Built with enterprise-grade security and scalability in mind, Altru can handle your growing data needs with confidence. 

ESG Reporting using Altru

The Advantage of SHI | Locuz as your Sustainability Partner

The true advantage of having a tech-focused sustainability partner lies in the convergence of data best practices with ESG expertise. The breadth of data required for sustainability reporting creates a shared dependency on various departments within the organization, where automation can prove to be difficult.

The key to successful sustainability integration lies in a process orientation that is adaptable to the business and not confused with digitalization. Our ESG expertise and data practices do not deliver technology for sustainability but aid your sustainability journey through technology augmentation. 

Ready to Take Control of Your ESG Data? 

Contact us to schedule a personalized demo and see how Altru can accelerate your ESG goals.