Sustainable Development Diagnostic Tool (SD Tool)
Performance in sustainability and environmental excellence is measurable. The award-winning Sustainable Development Diagnostic Tool (SD Tool) from MetaVu is now a cloud-based service that offers flexible technology and functionality to diagnose, plan and implement sustainable development at the operational- and organizational-level.
Effective corporate sustainability strategies, including those intended to reduce an organization’s environmental footprint, engage stakeholders through effective sustainability reporting, and incorporate the core tenets of sustainable innovation are all elements of a successful sustainability strategy. Revenues, operational costs, risk profiles, and capital costs are all advanced by the purposeful development and implementation of sustainable business strategies.
Flexible solution that can be implemented as a self-assessment or advisor-led diagnostic to drive shareholder value through focused investments and action plans
With more than ten years' experiene and dozens of client deployments, the SD Tool is also capable of providing peer-level or industry-level benchmarking of sustainable performance.
Historically, sustainability and environmental performance have been difficult to measure in a methodical, repeatable, and objective manner. Widely recognized reporting standards such as the Global Reporting Initiative are leading the charge with consistent and universally recognized metrics, yet new frameworks, including sector specific guidelines, create a changing landscape of ESG reporting and performance. Additionally, most performance measurement frameworks can be characterized with the following challenges:
- Not defined in a way that enables operational and strategic decision support;
- Do not address market risks and market opportunities related to performance in sustainability and environmental impact and;
- Do not sufficiently address legacy liability and other operational management practices.
Drawing from a broad depth of more than ten operating standards (including GRI, CDP, DJSI, ISO 14000/26000, Walmart Supplier Scorecard, as well as industry-specific frameworks including, IPIECA/API) and based on ten years of applied client experience and research, the SD Tool is an objective measurement methodology organizations can use to quantify and benchmark performance in sustainability and environmental excellence.
Allows companies to diagnose, assess and report upon performance metrics defined by external frameworks with leading indicators of performance to inform predictive analytics in context of ESG and Integrated Reporting
Organizations that objectively measure sustainability performance are able to develop and implement practical and actionable strategies to support management of environmental, economic and social responsibility throughout the business lifecycle. The SD Tool can deliver:
- Reduce market risks and seize market opportunities with Sustainable Product / Service offerings;
- Reduce Environmental Footprint (carbon, water, residuals, chemical) and associated liabilities;
- Improve Resource Efficiency; Effectively Manage Supply Chain;
- Increase brand / Reputational Capital; Improve Shareholder Value Add.
Helps clients translate corporate ESG performance objectives into practical organizational and operating strategies and action plans
Sustainable Development Diagnostic Tool Benchmark
Implementation of the SD Tool Benchmark is similar to the implementation of the client-specific diagnostic, but in ‘lite’ manner. MetaVu conducts an inventory and review of existing strategies and tactics, performance measures, business processes and governance models, systems and tools, and a readiness for change assessment focusing on culture, human capital skills and competencies. MetaVu utilizes its award winning and patented methodology to collect data from each participant and present the results of each in the context of industry peer performance.