MetricStream Launches ESG Solution Based on Industry Leading GRC Platform
MetricStream’s ESG solution enables organizations to measure environmental, social and governance performance while providing critical insights to improve ESG scores
MetricStream, the market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), today announced the industry’s most robust environmental, social, governance (ESG) product built on the company’s proven MetricStream Platform and powering what’s next in GRC. The new software product, MetricStream ESGRC, enables organizations to minimize environmental impact, demonstrate a commitment to social imperatives, and implement strong governance policies.
Organizations are increasingly being held accountable for corporate practices regarding climate sustainability, social responsibility, and governance. ESG risk factors are also emerging as financial risks that carry significant impacts on a company’s bottom line and valuation. In fact, investors and asset managers are shifting their investment appetite toward companies with sound ESG management programs.
“Good governance fosters trust, transparency, and longevity. To foster that trust and guard your organization, you need a clear line of sight to an ESG measure,” said Bruce Dahlgren, Chief Executive Office, MetricStream. “We believe that purpose drives performance and that is why we are stepping up to the plate to make ESG a reality; making it simple to implement while providing C-level data that fosters responsible growth and trust with all stakeholders.”
The comprehensive MetricStream ESGRC solution takes stock of the key challenges in the modern ESG and GRC spaces and provides an all-in-one solution for enterprises. The solution provides a holistic platform where businesses can track emerging and changing regulations, along with a host of complex regulatory standards. As part of the solution, customers can manage disclosure requirements, conduct self-assessments, identify issues, and maintain action plans.