“ESG data collection requires the involvement of all stakeholders”
“ESG data collection requires the involvement of all stakeholders”
Interview with Vincent Canu, Director of Osapiens France.
The third workshop of the working group dedicated to ESG governance, within the Think Tank “2030, Investing Tomorrow,” focused on how companies develop their strategy based on ESG indicators.
The first step is defining relevant ESG indicators for a company’s activity.
“A company must develop a strategic understanding of its business model: what are its impacts, its risks, and its levers for action. It will rely on a framework—such as the CSRD—to determine what is material in relation to a number of topics, depending on its industry sector, values, and geography. And for this to work, all stakeholders must be involved—both internal and external,” explains Vincent Canu. The goal is to gain a comprehensive view of the various necessary indicators.
Digital tools are essential
Collecting data from these stakeholders requires implementing a governance framework: “Who is responsible for which data, where does it come from, how is it obtained and then organized? The answers to these questions are critical, and digital tools are indispensable to automate, secure, and structure the collection of all the information,” adds Vincent Canu, who advocates for “an engagement program involving all stakeholders so that everyone understands the purpose of this approach.”
The ultimate goal is business transformation
Finally, the aim is to derive insights from the data. “These initiatives serve a purpose: transforming the company. Once a clear framework of these indicators has been defined to track progress, scenario analysis must be implemented. In this context, digital tools will be essential, as they will allow data to be converted into information, which will support decision-making, value creation, and engagement around transformation projects,” says Vincent Canu.
