ESG content accelerator
Summarize
Summary of ESG Content Accelerator
The ESG Content Accelerator is a centralized application that serves as a repository for sustainability frameworks, citations, metric definitions, and emission factors. It is designed to expedite the implementation of operational sustainability practices and can be installed from the ServiceNow Store. Users can launch the application through its dedicated icon.
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Key Features
- Frameworks and Regulations: The application includes numerous frameworks such as GRI, SASB, TCFD, and more. Note that the list of supported frameworks may expand in future releases.
- Emission Factors: The application provides pre-defined emission factors sourced from reputable providers, such as US EPA and DEFRA. Users can also create their own emission factors.
- Metric Definitions: Users can choose and install metric definitions associated with various frameworks, facilitating consistent reporting and interoperability.
- Updates: Users can activate and update emission factors as new versions become available, ensuring access to current data.
Key Outcomes
By utilizing the ESG Content Accelerator, customers can streamline their sustainability reporting processes, reduce manual efforts in creating metric definitions, and ensure compliance with various sustainability frameworks. This application ultimately supports organizations in aligning their operational practices with global sustainability standards, improving their overall reporting accuracy and efficiency.
The ESG content accelerator application is a centralized repository of frameworks, citations, metric definitions, and emission factors. Using this application accelerates the adoption of operational sustainability frameworks.
You can install ESG content accelerator from the ServiceNow Store. After installation, you can launch the application by selecting the ESG content accelerator icon ().
Frameworks and regulations
- Global Reporting Initiative (GRI)
- Sustainability Accounting Standards Board (SASB)
- Task Force on Climate-related Financial Disclosures (TCFD)
- United Nations Sustainable Development Goals
- SustainableIT.org (Available on version 18.0.3)
- European Sustainability Reporting Standards (ESRS/CSRD) (Available on version 18.0.3)
- The International Sustainability Standards Board (ISSB) (Available on version 19.1.0)
- IFRS Sustainability Disclosure Standards (ISSB) (Available on version 19.1.0)
Emission factors
An emission factor is a coefficient that quantifies the emissions released per unit of activity or output. It is used extensively in environmental science, engineering, and regulatory contexts to estimate the amount of pollutants or greenhouse gases emitted into the atmosphere from various sources. The ESG content accelerator also contains several emission factors. For more information on emission factors, refer to Emission factor library.
- eGRID
- GHG Emission Factors by US EPA
- UK GHG factors (From DEFRA and DESNZ)
- US Environmentally-Extended Input-Output (USEEIO)
You can activate or update the ones that meet your requirement. Whenever there is a latest version of the emission factors available, you can update it using the ESG content accelerator application.
Benefits of the ESG content accelerator application
- Provides the ability to choose the framework you want to use.
- Facilitates the alignment of the metric definitions with the relevant citations from different frameworks. This helps achieve interoperability between citations of different frameworks and ensures consistent reporting of operational sustainability performance across various standards and regulations.
- Enables you to choose the citations that are associated with a particular framework and install them in the active state in your instance.
- Allows the installation of the metric definitions, which are associated with the citations, in the inactive state.
- Eliminates the need to manually create the metric definitions.
- Enables the users to edit the metric definitions.
- Aims to integrate updates as they become available and are listed in the versions under the respective frameworks and regulations.
Workflow of the ESG content accelerator application
The following figure displays the life cycle of the ESG content accelerator application.
For more information see, Activate or update a framework and install citations using the ESG content accelerator.