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MetricStream Introduces ESG Solution Based on Industry Leading GRC Platform
Fremont, CA: MetricStream, the market leader in IRM and governance, risk, and compliance (GRC), has declared the industry's most robust environmental, social, and governance (ESG) product, constructed on the company's proven MetricStream Platform and powering what's next in GRC. MetricStream ESGRC, a new software product, allows organisations to reduce environmental impact, demonstrate a commitment to social imperatives, as well as implement strong governance policies.
Companies are increasingly being held accountable for their corporate practises in terms of social responsibility, climate sustainability, and governance. ESG risk factors are emerging as financial risks with significant implications for a company's bottom line as well as valuation. Indeed, investors and asset managers are shifting their investment preferences toward companies that have strong ESG management programmes.
"Good governance fosters trust, transparency, and longevity. To foster that trust and guard your organization, you need a clear line of sight to an ESG measure," stated Bruce Dahlgren, Chief Executive Office, MetricStream. "We believe that purpose drives performance and that is why we are stepping up to the plate to make ESG a reality; making it simple to implement while providing C-level data that fosters responsible growth and trust with all stakeholders."
The comprehensive MetricStream ESGRC solution assesses the key challenges in the modern ESG and GRC spaces and provides enterprises with an all-in-one solution. The solution provides a comprehensive platform for businesses to track emerging and changing regulations, as well as a plethora of complex regulatory standards. Customers can manage disclosure requirements, identify issues, conduct self-assessments, and maintain action plans as part of the solution.