EFRAG

Datamaran Secures £11.7 Million Series B Investment to Deliver on Rising Demand for Strategic ESG Insight

Retrieved on: 
Tuesday, September 20, 2022

LONDON and NEW YORK, Sept. 20, 2022 /PRNewswire/ -- Datamaran, the only ESG risk management software platform, today announced the completion of a £11.7 million Series B funding round led by Fortive (NYSE:FTV) with participation from American Electric Power (NASDAQ:AEP), both long-standing partners and clients.

Key Points: 
  • This insight allows leaders to create an informed and fully integrated ESG and business strategy that can be understood by all stakeholders.
  • This new round of funding will enable additional product innovation and help ensure Datamaran remains at the cutting edge of the shift towards ESG as a strategic business tool.
  • "After years of expansion, organic growth and achieving profitability, we see even more potential for the strategic insight we provide.
  • With this backing, Datamaran will accelerate the process of taking ESG to the C-suite and meet growing demand."

Datamaran Announces Data Collaboration with J.P. Morgan to Deliver AI Driven Technology to Monitor Material ESG Issues

Retrieved on: 
Wednesday, September 7, 2022

LONDON and NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Datamaran, a leading ESG (Environmental, Social, and Governance) risk management platform, announced today a collaboration with J.P. Morgan to provide insights into investment opportunities using a double materiality approach to ESG integration, delivered via J.P. Morgan's new digital platform, "ESG Discovery."

Key Points: 
  • ESG Discovery uses Datamaran's patented technology, to establish a first-of-its-kind ESG integration process based on double materiality, which considers the importance of ESG issues from two perspectives: financial and impact materiality.
  • Datamaran has worked with J.P. Morgan to create their own materiality assessment models, utilizing data that comes from corporate disclosures, mandatory regulations, voluntary policy initiatives, and online media.
  • Datamaran is a world leader in technology solutions for data-driven materiality and ESG risk management, providing the first ever double materiality application.
  • "We're thrilled that J.P. Morgan is using this unique approach to accelerate strategic business opportunities on ESG through ESG Discovery.

Datamaran Announces Data Collaboration with J.P. Morgan to Deliver AI Driven Technology to Monitor Material ESG Issues

Retrieved on: 
Wednesday, September 7, 2022

LONDON and NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Datamaran, a leading ESG (Environmental, Social, and Governance) risk management platform, announced today a collaboration with J.P. Morgan to provide insights into investment opportunities using a double materiality approach to ESG integration, delivered via J.P. Morgan's new digital platform, "ESG Discovery."

Key Points: 
  • ESG Discovery uses Datamaran's patented technology, to establish a first-of-its-kind ESG integration process based on double materiality, which considers the importance of ESG issues from two perspectives: financial and impact materiality.
  • Datamaran has worked with J.P. Morgan to create their own materiality assessment models, utilizing data that comes from corporate disclosures, mandatory regulations, voluntary policy initiatives, and online media.
  • Datamaran is a world leader in technology solutions for data-driven materiality and ESG risk management, providing the first ever double materiality application.
  • "We're thrilled that J.P. Morgan is using this unique approach to accelerate strategic business opportunities on ESG through ESG Discovery.

Value Research Center (VRC) publishes August White Paper: The VRC Value Model & EFRAG

Retrieved on: 
Tuesday, September 6, 2022

The Value Research Center (VRC) at Doshisha University in Kyoto, Japan has announced the publication of its 2022 August White Paper, focusing on the European Financial Reporting Advisory Group (EFRAG's) latest disclosure drafts for sustainability reporting, and how this model aligns with and deepens the overall quality of the VRC Value Model.

Key Points: 
  • The Value Research Center (VRC) at Doshisha University in Kyoto, Japan has announced the publication of its 2022 August White Paper, focusing on the European Financial Reporting Advisory Group (EFRAG's) latest disclosure drafts for sustainability reporting, and how this model aligns with and deepens the overall quality of the VRC Value Model.
  • The Value Research Center (VRC) publishes 2022 August White Paper: The Value Model & EFRAG
    According to Professor Philip Sugai, Director of the Value Research Center, "After integrating EFRAG's 114 draft disclosure requirements into the VRC Value Model, we were impressed with the scope of EFRAG's coverage of many of the Value Model's stakeholders, themes and goals.
  • The "2022 August White Paper: The Value Model & EFRAG" is available for download at the Value Research Center website: www.valueresearchcenter.com/publications.
  • The Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021.

New report helps companies and investors make sense of proposed climate disclosure standards

Retrieved on: 
Thursday, June 9, 2022

TEMPE, Ariz. and LONDON, June 9, 2022 /PRNewswire/ -- A new report "The Evolution of Sustainability Disclosure" released today by the Sustainability Institute by ERM (ERM) and Persefoni reveals that there is substantial convergence among new climate-related disclosure frameworks, namely the proposed rules developed by the Securities and Exchange Commission (SEC) in the U.S., the European Financial Reporting Advisory Group (EFRAG) in the EU, and the International Financial Reporting Standards Foundation's (IFRS) International Sustainability Standards Board (ISSB). Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentially the quality of climate-related disclosure.

Key Points: 
  • Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentiallythe quality of climate-related disclosure.
  • In Europe, EFRAG released guidance in April 2022 on a broad range of sustainability-related disclosure requirements, including the European Sustainability Reporting Standards (ESRS) .
  • Rather, as standards setters, their role is to craft sustainability standards that individual jurisdictions and regulators can adopt or otherwise use in their rulemaking.
  • Climate risks and opportunities are a top priority for investors and increasingly for companies.

New report helps companies and investors make sense of proposed climate disclosure standards

Retrieved on: 
Thursday, June 9, 2022

TEMPE, Ariz. and LONDON, June 9, 2022 /PRNewswire/ -- A new report "The Evolution of Sustainability Disclosure" released today by the Sustainability Institute by ERM (ERM) and Persefoni reveals that there is substantial convergence among new climate-related disclosure frameworks, namely the proposed rules developed by the Securities and Exchange Commission (SEC) in the U.S., the European Financial Reporting Advisory Group (EFRAG) in the EU, and the International Financial Reporting Standards Foundation's (IFRS) International Sustainability Standards Board (ISSB). Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentially the quality of climate-related disclosure.

Key Points: 
  • Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentiallythe quality of climate-related disclosure.
  • In Europe, EFRAG released guidance in April 2022 on a broad range of sustainability-related disclosure requirements, including the European Sustainability Reporting Standards (ESRS) .
  • Rather, as standards setters, their role is to craft sustainability standards that individual jurisdictions and regulators can adopt or otherwise use in their rulemaking.
  • Climate risks and opportunities are a top priority for investors and increasingly for companies.

Workday Helps Global Customers Drive Social and Sustainability Initiatives with Expanded ESG Offerings

Retrieved on: 
Thursday, April 21, 2022

PLEASANTON, Calif., April 21, 2022 /PRNewswire/ -- Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced new solutions and expanded capabilities to help its global customers meet the demands of evolving environmental, social, and governance (ESG) regulations and corporate accountability. Two new solutions – social reporting for ESG and supplier risk and sustainability – will complement the company's current product portfolio, which already supports ESG goals with belonging & diversity solutions, sustainable sourcing, compliance training, pervasive audit and internal controls features, and planning and analysis of ESG data.

Key Points: 
  • As a result, Workday is expanding its ESG offerings to continue helping customers gain visibility and insight into data that is critical to meet current and developing ESG requirements.
  • Additionally, Workday is enabling its broader ecosystem including customers, partners, and the wider developer community to deploy and adopt new ESG capabilities by using open standards and technologies to build extended solutions on the Workday platform, helping to support global customers' ESG initiatives across regions and industries.
  • Workday offers a flexible platform that helps enable customers and partners to adapt as ESG regulations continue to develop.
  • The social reporting for ESG solution is available today and the supplier risk and sustainability solution will be available later in 2022 at no additional cost to Workday customers.

Workday Helps Global Customers Drive Social and Sustainability Initiatives with Expanded ESG Offerings

Retrieved on: 
Thursday, April 21, 2022

PLEASANTON, Calif., April 21, 2022 /PRNewswire/ -- Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced new solutions and expanded capabilities to help its global customers meet the demands of evolving environmental, social, and governance (ESG) regulations and corporate accountability. Two new solutions – social reporting for ESG and supplier risk and sustainability – will complement the company's current product portfolio, which already supports ESG goals with belonging & diversity solutions, sustainable sourcing, compliance training, pervasive audit and internal controls features, and planning and analysis of ESG data.

Key Points: 
  • As a result, Workday is expanding its ESG offerings to continue helping customers gain visibility and insight into data that is critical to meet current and developing ESG requirements.
  • Additionally, Workday is enabling its broader ecosystem including customers, partners, and the wider developer community to deploy and adopt new ESG capabilities by using open standards and technologies to build extended solutions on the Workday platform, helping to support global customers' ESG initiatives across regions and industries.
  • Workday offers a flexible platform that helps enable customers and partners to adapt as ESG regulations continue to develop.
  • The social reporting for ESG solution is available today and the supplier risk and sustainability solution will be available later in 2022 at no additional cost to Workday customers.

Datamaran Named 2022 BIG Innovation Award Winner for Technology

Retrieved on: 
Thursday, January 13, 2022

LONDON, Jan. 13, 2022 /PRNewswire/ -- Leading ESG technology company, Datamaran , today announced that it has been named a winner in the 2022 BIG Innovation Awards presented by the Business Intelligence Group.Datamaran has been recognized for its patented technology, which C-Suite executives use to improve their materiality, risk management, board oversight, and reporting processes on ESG.

Key Points: 
  • LONDON, Jan. 13, 2022 /PRNewswire/ -- Leading ESG technology company, Datamaran , today announced that it has been named a winner in the 2022 BIG Innovation Awards presented by the Business Intelligence Group.Datamaran has been recognized for its patented technology, which C-Suite executives use to improve their materiality, risk management, board oversight, and reporting processes on ESG.
  • "Innovation is driving growth in the global economy," said Maria Jimenez, chief operating officer of the Business Intelligence Group.
  • Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards.
  • Powered by artificial intelligence, Datamaran is a cloud-based Software-as-a-Service (SaaS) platform that identifies and monitors over 400 external risk factorsincluding ESG, innovation and technology and geopolitical issueson an ongoing basis.