ESG-focused software analytics platform provider Datamaran announced the launch of Datamaran Suite, a new platform aimed at enabling companies to manage their ESG strategies, with capabilities including benchmarking sustainability disclosures to industry peers, and setting evidence-based targets.
Datamaran said that the new platform was built on the foundation of the recently launched Datamaran Core, designed to support companies in identifying, managing, and disclosing ESG issues, risks and opportunities, adding new governance features to Core’s AI-powered materiality assessment capabilities.
Among the key features of the new platform highlighted by Datamaran is a new “IROs Benchmarking” module, providing companies with the capability to compare their disclosed impacts, risks, and opportunities (IROs) against those of peers across industries and geographies, enabling assessment of alignment with industry norms and identification of disclosure gaps. The platform also introduces a new “Multiple Reviews” feature, allowing companies to assign up to 25 reviewers per topic when evaluating IROs to enable more thorough and consistent assessments.
Additional features and capabilities of the new platform include Topics Benchmarking to understand how peers frame ESG issues, Target Setting with consideration given to factors including external benchmarks, peer disclosures, and policy signals, and access to Harbor+, the premium tier of the company’s recently launched networking platform aimed at enabling sustainability professionals to connect with peers.
Marjella Lecourt-Alma, CEO and co-founder at Datamaran, said:
“Your IRO disclosures are a reflection of your strategic priorities. With Datamaran Suite, companies gain a clear view of how their disclosures stack up and, just as importantly, they get a scalable system that reflects the complexity of ESG today. Our clients tell us they value the efficiency of having materiality, regulatory monitoring, and benchmarking in one place.”