Good.Lab Releases Version 1.2 of its ESG Calculator
We’re excited to announce the latest release of version 1.2 of our ESG Calculator with even more functionality for our customers and collaborative tools for our partners to help their clients advance on ESG.
Last December we released version 1 of our ESG Calculator software to empower our clients and other companies to start out the new year with a commitment to focus on ESG. Over the past few months, we’ve helped dozens of companies accelerate their ESG efforts and we’ve learned a lot along the way. Our aim always is to make it easy for companies to supercharge their ESG performance by activating an ESG program that is focused on the ESG impact areas that matter most. We want our software tool to be as easy as possible for our customers to use and accordingly have introduced several new features and functions.
What’s new in version 1.2 of Good.Lab’s ESG Calculator
Updated ESG Taxonomy
An easy to access ESG Taxonomy provides an introduction to key ESG impact areas, which are especially relevant for companies that are early in the ESG journey and trying to determine where to begin. The taxonomy aligns to many common reporting frameworks.
Our simple cloud-based tool is easier than ever to navigate, so you can set ESG priorities for what issues matter most to your company, assess progress in each relevant area, and build an action plan with capabilities to assign ownership and deadlines to track your progress over time.
Enhanced Resources & Benchmarks
Our ever-expanding database provides industry benchmarks and publicly available playbooks and toolkits from leading organizations (UN, WRI, EPA, etc.) so you can learn where other companies are taking action and inform your ESG goal setting and company targets.
Dedicated Expert Support
Streamlined access to our network of ESG experts is just a click away. Connect with the experts who work alongside you to build measurable impact and supercharge your ESG performance.
Newly introduced roles and permissions provides partners with the ability to view their client’s data and larger companies to view data from their subsidiaries all in a secure environment. We’ve also designed this feature for a future than includes supplier engagement, as ESG requirements across the supply chain increase.
What’s coming next in Good.Lab’s ESG Calculator
Even bigger improvements are yet to come — we have some pretty big ideas for the future and can’t wait to share them with you. Over the coming months, you can expect a simple, user-friendly GHG emissions calculator for Scope 1, 2, & 3 emissions data; more collaborative tools for supplier & subsidiary engagement; and a module to help companies set & track quantitative ESG targets against industry benchmarks and calculate ongoing progress metrics.
There is so much exciting work to be accomplished in the burgeoning ESG space. We won’t take our eye off the ball as we drive toward building holistic ESG management SaaS and our mission to create a more equitable and sustainable economy. We’re excited to have you along our journey!
Disclaimer: Good.Lab does not provide tax, legal, or accounting advice through this website. Our goal is to provide timely, research-informed material prepared by subject-matter experts and is for informational purposes only. All external references are linked directly in the text to trusted third-party sources.
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