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Report and Reduce Your Carbon Footprint with Net Zero Cloud
Impact and Risk and Opportunity Assessments

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Impact and Risk and Opportunity Assessments

Easily create, manage, and score impacts, risks, and opportunities (IROs) in line with the Corporate Sustainability Reporting Directive (CSRD) directive. Show your IROs in an automatically generated heat map to identify the material environmental, social, and governance (ESG) topics for your company. Track the IROs throughout your reporting journey in the Information Library.

Required Editions

Available in: Lightning Experience
Available in: Enterprise, Performance, Unlimited, and Developer Editions with the Net Zero Cloud Growth license
Process flow to set up impact risk opportunity assessments.

Performing IRO assessment involves these high-level steps.

To evaluate only the materiality topics without analyzing impacts, risks, or opportunities, conduct a materiality assessment.

  • Create Materiality Topics
    Create and organize materiality topics and subtopics that are relevant to your company and stakeholders, such as topics related to environment, social, and governance.
  • Create Impacts, Risks, and Opportunities
    Identify the specific environmental, social, and governance (ESG) areas of risk to your business and the opportunities for making an impact on the environment and society in line with the Corporate Sustainability Reporting Directive (CSRD) directive. Use impacts, and risks and opportunities to enhance your sustainability reporting, foster transparency, and contribute to a more sustainable future.
  • Create Impact Risk Opportunity Assessments
    Assess the environmental, social, and governance-related impacts, risks, and opportunities for each topic to understand their significance and effects on your company in line with the Corporate Sustainability Reporting Directive (CSRD) framework.
  • Score Impacts, Risks, and Opportunities
    Identify the impacts, risks, and opportunities and then score each one to prioritize and determine their relative importance to your company.
  • View Impact and Risk and Opportunity Scores
    View impact, and risk and opportunity scores to quantitatively assess your company's environmental, social, and governance factors, identify potential threats, and uncover strategic advantages.
  • View Materiality Topic Scores
    Assess the impact, and risk and opportunity areas for your company's environmental, social, and governance factors by checking the relevant scores. You can also find possible threats and find strategic advantages.
 
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