ESG Book Launches LEO: Transforming Corporate and Financial Disclosure for Greater Transparency

In today’s rapidly evolving corporate landscape, sustainability reporting has become a pivotal focus for businesses and financial institutions alike. To address these needs, ESG Book has teamed up with Boston Consulting Group (BCG) and Google Cloud to unveil LEO, an innovative solution aimed at streamlining sustainability reporting for organizations across various sectors.

Overview of LEO: A Game-Changer in Sustainability Reporting

LEO is designed to meet the growing demands for sustainability due diligence and disclosure. As corporate regulations become more complex, the need for effective compliance and risk management has intensified. This platform aims to bridge the data gaps resulting from recent changes in corporate disclosure requirements.

Key Features of LEO

LEO enhances the transparency and efficiency of sustainability data using advanced technologies. Here are some of its standout features:

• Modular Reporting Templates: LEO provides templates that align with global standards like the ISSB and GRI, catering to businesses of all sizes.
• Smart Pre-Fill Capabilities: This feature automatically populates reports with publicly available data, significantly reducing the reporting workload.
• Secure Data Management: Corporates can manage and share critical sustainability data both publicly and privately without the need for lengthy questionnaires.
• Automation for Financial Institutions: LEO automates data collection, aiding in regulatory compliance preparation and enhancing data access for strategic operations.

Industry Adoption and Impact

Major financial institutions such as ING, Lloyds, and NatWest are already in the process of implementing or testing LEO. This signifies a potential shift in how sustainability reporting is approached across the industry, making the process more accessible and less burdensome.

Collaboration for Sustainability

The alliance between ESG Book, BCG, and Google Cloud represents a significant advancement in sustainability practices. Their collective expertise ensures that LEO is not merely a tool but a transformative platform that addresses the pressing needs of today’s corporates and financial institutions.

Justin Fitzpatrick, CEO of ESG Book, remarked on the launch: “As regulatory requirements evolve, managing risks and leveraging sustainability as an economic driver remains crucial for corporates and financial institutions. LEO cuts through complexity, simplifies reporting, and helps businesses focus on what matters – using data to drive efficiency, reduce costs, and create long-term value.”

Roy Choudhury, Managing Director and Senior Partner at BCG, emphasized the importance of standardized data reporting: “As the demand for reliable and comparable climate-related information continues to grow, a standardized data request and reporting template is essential. Our collaboration on the LEO platform leverages BCG’s intellectual property and sustainability expertise to foster an innovative response to this challenge.”

For more information about sustainability reporting and best practices, visit ESG Book or explore resources from BCG.