Recently, the world’s leading CRM software provider, Salesforce, launched Salesforce Sustainability Cloud Scope3 Hub. This innovation would help companies track their carbon footprint data. Also, it would allow companies to have the right data that will help them engage with suppliers and align their sustainability efforts. For your information, till now, a company’s carbon footprint accounting was a long process that had incomplete data and complex spreadsheets.
But now, with Sustainability Cloud, this long procedure can be done in just a day. Also, to have a credible corporate Sustainability strategy, companies need to track and take action on these emissions.
Features of Salesforce Sustainability Cloud Scope 3 Hub
Dataset- It has some commonly used emission factors dataset from the U.S. Environmental Protection Act. This also allows companies to use their emission factor datasets.
Fast & Easy to track – The new Sustainability Cloud allows you to have a simple process of matching categories to spend-based emission factors. Besides, the results can be in the form of a summarized spend type and by a vendor. Above all, this innovation allows you to work in any currency for the procurement and emission-factors data.
Furthermore, when you use the Sustainability Cloud, you get the same platform to track historical, social, real-time environmental, and governance data. Thus, this allows companies to have a 360-degree view of investor-grade data. Also, it supports best practices in impact disclosures.
“SASB research shows that climate risk cuts across all sectors of the economy but manifests differently from one industry to the next. While the volume and quality of climate disclosure have increased, there is still an opportunity for improvement. SASB welcomes the development of tools and systems that will continue to advance the quality and comparability of corporate climate data and allow companies to make more informed decisions,” said Janine Guillot, CEO at SASB – Sustainability Accounting Standards Board.
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