Cloud-based solutions provider unveils sustainability and ESG reporting solution

Eka Software Solutions, a cloud-based enterprise solutions provider, has launched Eka Sustainability and Environmental, Social and Governance (ESG) reporting solution. This move comes after Eka’s long term vision to unify critical business processes from procurement to payments, to promote faster decision making.

Companies worldwide are aware that its achievements are no longer measured solely by their profit and loss statements but also by their relationships with the environment, community, and economy.

“As the world shifts towards a sustainable future, we are all recognizing the pressing need to embed ESG and Sustainability discipline into our business operations,” Manav Garg, founder and CEO, Eka said.

Chief sustainability officers are looking to measure their overall impact which includes profitability, shareholder values, social, human and environmental capital.

In recognizing the growing need to create a technology solution to help firms meet the ESG responsibilities and reporting unique to their businesses, Eka was able to understand the leading requirements of various industries, frameworks, and reporting standards, the company said in a statement.

“ESG regulations, requirements and guidelines are helping guide companies on the path to becoming better corporates. The Eka Sustainability and ESG Reporting Solution will help companies to closely monitor and report on their performance relative to those metrics,” Shuchi Nijhawan, sustainability head, Eka said.

The cloud-driven solution can be used as a stand-alone product or can be seamlessly integrated into the existing tech-infrastructure that powers other critical business functions. It monitors against key metrics like,

• Environmental sustainability: Ethical sourcing and carbon emissions can be visualized in prebuilt sustainability reports to monitor the strategic use of energy and resources.
• Corporate and social responsibility: To ensure sustainable supplier relationships and regulatory compliance.
• Workplace health and safety: To provide a clear understanding of each workforce, laying the foundations for ethical recruitment and worker engagement.