Metrio Empowers Companies to Adapt to Changing Climate Disclosure Regulations
- With Metrio’s bottom-up approach to environmental, social and governance-related (ESG) data collection, businesses have the flexibility to answer to any standard-setter, regulatory body or rating agency.
- More than 100 large organizations in North America and Europe in over a dozen industries rely on Metrio’s robust ESG reporting software as a service (SaaS) and secure collaborative interface to facilitate audits and publish investor-grade reports.
- Enhanced reporting features will give companies greater control over their performance indicators and visibility into their value chain emissions.
MONTREAL, April 12, 2022 /3BL Media/ - Leading sustainability software provider Metrio is harnessing its proven, end-to-end reporting platform to not only help businesses collect, aggregate and interpret a host of granular data about their ESG performance, but also navigate the increasingly intricate web of proposed climate disclosure requirements, consolidated frameworks and emerging providers.
Having been a forerunner in the sustainable development space for over a decade, Metrio has an unparalleled understanding of business’s non-financial reporting needs. A beacon of invaluable experience, the provider helps companies shed light on the complexities of aggregating ESG data collected from multiple sources—including their externally surveyed supply chain—and transform their data into multifaceted performance indicators, like scope one, two and three emissions factors.
In response to a collective desire for standardization and climate action, the sustainability industry has seen a wave of recent developments. On one hand, some of the industry’s biggest players have merged or begun to collaborate, resulting in initiatives like the International Sustainability Standards Board (ISSB). On the other, governments and regulatory bodies—including the US, Canada, the UK and the EU—have announced new or revised ESG disclosure requirements.
Built with versatility in mind, Metrio’s data collection and reporting software helps businesses be ready for any requirement, current or future, by building a baseline of granular data that can feed any disclosure questionnaire. And with the platform’s integrated audit trail—complete with change logs, supporting documents and historical values—issuing businesses can receive more accurate audits, ratings and rankings, and investors, more reliable and transparent reports.
Despite the pandemic’s widespread impact, Metrio has doubled in size since 2020, increasing its capacity for innovation twofold. This growth and resilience have sparked the development of interface and feature enhancements within its already comprehensive core platform. With these next-generation tools, businesses will be even better equipped to track their performance against material corporate social responsibility (CSR) and ESG issues, trace the impact of their value chain, publish a wider variety of reports and more.
“Over the past year, we’ve seen an unprecedented number of changes in the organizations and frameworks that govern climate-related disclosure requirements,” explains Patrick Elie, Metrio’s CEO and co-founder. “Our biggest priority right now is helping businesses not only adapt to this transition, but also come away with opportunities to improve their ESG performance, mitigate risks, improve their impact and ultimately create value.”
Metrio is a leading sustainability software provider in North America and Europe. Since 2009, the company’s non-financial reporting solutions have helped over 5,000 sustainable development professionals at over 100 global organizations more easily collect, manage and share data about their ESG performance so they can become more sustainable, transparent and profitable. Metrio is a Certified B Corporation, a SASB Alliance member, a CDP-accredited provider, and a TCFD and UNGC supporter.