CRedit360 (http://www.credit360.com) today announced a new software partnership with sustainability investing specialists RobecoSAM to deliver a technical solution that will help reduce the reporting burden facing many companies today. CRedit360 is one of the two initial software providers that include RobecoSAM’s new Dow Jones Sustainability Indices (DJSI) XBRL framework, allowing required information to be automatically tagged and transferred with minimal effort required by the reporting company.
RobecoSAM’s new integration is based on XBRL (eXtensible Business Reporting Language), the open international standard for digital business reporting. XBRL-based information transfer leverages software tools to remove complexity from the reporting process. The new integration allows for the automated transfer of information from the CRedit360 system to the DJSI reporting platform. Structuring data in XBRL format standardises it, reducing loss of quality when it is shared, making it more accessible to consumers of the data and potentially offering synergies between different reporting standards
"We are proud to announce our partnership with RobecoSAM to deliver this industry-leading reporting capability. CRedit360 was keen to partner with RobecoSAM to deliver a technical solution to reduce the increasing burden of sustainability reporting,” says Efrain Quiros, VP of Partnerships, CRedit360. “This new technical interface will alleviate some of the reporting burden in the short-term, while the new underlying DJSI XBRL structure will help address longer-term reporting demands. By leveraging technology, companies now benefit from adopting long-term strategies while simultaneously reducing the reporting burden immediately."
Manjit Jus, Head of Sustainability Application & Operations, RobecoSAM, adds: “The increasing number of corporate sustainability assessment and rating frameworks poses a growing challenge for companies. We are proud to be a pioneer in collecting sustainability information in this way and we hope that an increasing number of companies will use digital reporting to improve the reusability, comparability and overall quality of sustainability information.”
CRedit360’s integrated software solution empowers companies accurately capture, manage, and report the sustainability and EHS information needed to ensure compliance and drive performance across all business areas. DJSI were launched as the first global sustainability benchmarks and CRedit360 has been helping companies manage their data in-line with DJSI for more than a decade, in addition to other leading frameworks such as GRI and CDP. CRedit360’s Corporate Reporter tool streamlines the process of requesting, reviewing and collating responses across multiple reporting frameworks. It provides a central online repository to cover all your reporting needs including frameworks such as DJSI, CDP, GRI, FTSE 4 Good, and UN Global Compact.
About CRedit360
CRedit360 provides companies with a 360-degree view of EHS, Compliance, Energy and Carbon, Corporate Social Responsibility and Supply Chain information. Our integrated software solution empowers companies to accurately capture, manage, and report the sustainability and EHS information needed to ensure compliance and drive performance across all business areas.
Headquartered in Cambridge UK, with offices in the United States and New Zealand, CRedit360 serves over 200 clients including McDonald’s, Philips, Staples, and British Airways, and is a recognised leader and innovator in sustainability & EHS management solutions. CRedit360 was recently named as a global leader in both sustainability management software and EHS software by independent analyst firm Verdantix. For further information, please visit credit360.com
About RobecoSAM
Founded in 1995, RobecoSAM is an investment specialist focused exclusively on Sustainability Investing. It offers asset management, indices, engagement, voting, impact analysis, sustainability assessments, and benchmarking services. Asset management capabilities cater to institutional asset owners and financial intermediaries and cover a range of ESG-integrated investments (in public and private equity), featuring a strong track record in resource efficiency theme strategies. Together with S&P Dow Jones Indices, RobecoSAM publishes the globally recognised Dow Jones Sustainability Indices (DJSI). Based on its Corporate Sustainability Assessment, an annual ESG analysis of 2,900 listed companies, RobecoSAM has compiled one of the world’s most comprehensive databases of financially material sustainability information.
RobecoSAM is a member of the global pure-play asset manager Robeco, which was established in 1929 and is the centre of expertise for asset management within the ORIX Corporation. As a reflection of its own commitment to advocating sustainable investment practices, RobecoSAM is a signatory of the UNPRI and a member of Eurosif, ASrIA and Ceres. Approximately 130 professionals work for RobecoSAM, which is headquartered in Zurich. As of June 30, 2014, RobecoSAM had assets under management, advice and/or license in listed and private equity of approximately USD 10.7 billion. Additionally, RobecoSAM’s Governance & Active Ownership team had USD 85.1 billion of assets under engagement and USD 53 billion of assets under voting. RobecoSAM USA is an investment adviser registered in the US.