Benchmark Gensuite® integrates the IFRS S1 “Disclosure of Sustainability-related Monetary Info” and S2 “Local weather-related Disclosures” in ESG platform.
CINCINNATI, OHIO, UNITED STATES, April 26, 2024 /EINPresswire.com/ — Benchmark Gensuite®, supplier of the industry-leading platform of digital Environmental Well being & Security (EHS) & Sustainability options, is proud to combine the Worldwide Monetary Reporting Requirements (IFRS) S1 “Normal Necessities for Disclosure of Sustainability-related Monetary Info” and S2 “Local weather-related Disclosures” into its ESG platform.
The combination of IFRS S& and SD2 permits Benchmark Gensuite subscribers to effectively and precisely generate the required disclosures. The adoption of IFRS S1 and S2 requirements is a response to the rising demand for dependable sustainability data by traders, regulators, and different stakeholders.
By incorporating these requirements into Benchmark Gensuite’s ESG platform, subscribers can align with world greatest practices in sustainability reporting and enhance the comparability and consistency of sustainability data. This framework is crucial in addressing local weather change dangers via structured climate-related monetary disclosures and assembly stakeholder expectations for transparency and accountability.
Benchmark Gensuite CEO R. Mukund acknowledged, “The combination of IFRS S1 and S2 not solely reinforces our dedication to offering state-of-the-art reporting capabilities but additionally empowers our subscribers to fulfill the best requirements in sustainability disclosures. That is about giving firms the instruments to speak their sustainability journey with readability and confidence.”
The combination of those requirements underscores Benchmark Gensuite’s dedication to creating sustainability reporting extra accessible and actionable for firms worldwide. With Benchmark Gensuite’s enhanced ESG platform, organizations can now leverage a unified method to fulfill their reporting obligations whereas driving sustainable progress.
“The IFRS Basis appreciates Benchmark Digital Companions’ engagement with and help for our mission via its membership of the IFRS Sustainability Alliance,” stated Eli Reisman, Director of Product at IFRS. “Alliance members share a perception within the energy of constructing a world baseline of sustainability disclosures for the capital markets, developed by the Basis’s Worldwide Sustainability Requirements Board, to allow traders to consider sustainability-related dangers and alternatives of their choices. Moreover, the IFRS Basis welcomes Benchmark Digital Companions’ determination to license IFRS S1 and IFRS S2. Via the implementation and adoption of those Requirements, traders all over the world can have entry to extra comparable, decision-useful data. “
Be taught extra about IFRS at https://www.ifrs.org/. Yow will discover details about Benchmark Gensuite at https://www.benchmarkdigitalesg.com/.
About Benchmark Gensuite®
Benchmark Gensuite® permits firms to implement strong, cross-functional digital techniques for EHS, Sustainability, and ESG Reporting via a unified digital platform—domestically, globally and throughout numerous working profiles.
With intuitive, greatest practice-based course of performance, versatile configurations, and highly effective extensions, the Benchmark Gensuite® platform has helped firms worldwide handle their EHS, Sustainability; High quality; Operational Danger and Compliance; Product Stewardship, and Provide Chain Dangers for over 20 years; and now organically built-in with cutting-edge ESG disclosure reporting and administration options. Be part of over 3 million customers that belief Benchmark Gensuite® with their software program system wants and profit from speedy deployment and adoption, instant return on funding (ROI), service excellence, and collaborative innovation.
Jen Redden
Benchmark Gensuite®
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