The new Professional version is customized for those looking to meet and exceed the requirements for voluntary and mandatory reporting standards for the CDP, the Global Reporting Initiative, (GRI) and for materiality assessment.
SoFi Enterprise allows companies to obtain financial-grade sustainability information and improve performance for their own operations, supply chain and products. Verdantix named it a market leader for superior functionality to enhance and expedite sustainability reporting processes. It was also awarded a Top Product of the Year for 2014 by Environmental Leader.
More than 130 companies around the world manage sustainability programs with SoFi. Some of the most recent implementations include: LG Electronics, Avaya, Brita, The Research Institute of Safety & Environment Technology of the China National Petroleum Company.
The three SoFi Professional Solutions that are now available for CDP, GRI and Materiality Assessment help companies to become more competitive by delivering fast, accurate data aggregation, increased efficiency saving time and money, improved sustainability data quality, automated reports, and in-depth visibility and insight into areas of strength and weakness, PE International says.
The newly released SoFi software for CDP reporting is the most comprehensive way of carbon management and reporting, PE International says. It can quickly identify opportunities to reduce carbon and energy use by ensuring users have up-to-the-minute information, CDP questionnaires, and highly accurate, audit-proof Carbon performance indicators that result in better ratings for the company. PE International is a CDP Gold partner.
The new software provides users with the latest GRI G4 standards. All companies that want to report in accordance with the GRI need to report on the new general and specific standard disclosures in G4 —including additional disclosures on supply chain, governance, materiality assessment, ethics and integrity, anti-corruption and energy and GHG emissions. SoFi GRI enables credible reporting and provides users with the ability to reduce their environmental footprint by analyzing performance and identify areas that need improvement.
SoFi Materiality allows users to identify material sustainability issues. Working within the product, users are taken through a series of steps and asked questions that determine the most material business factors to be measured. From the most common metrics, to highly customized business concerns, this software provides insight into areas to measure and guidance on the best ways to weigh their importance, the company says.