Collaboration on ESG Initiatives

MetaCX for ESG

September 23, 2021 | Written by Kolby Tallentire

Environmental, social, and governance (ESG) factors have grown exponentially in importance in the corporate sector in recent years. Companies are investing more in ESG initiatives, and expect these initiatives to drive value for their businesses and for society.

The pressure on ESG teams to prove the ROI of their programs and demonstrate long-term value creation for all stakeholders is stronger than ever before. Yet many of the most sophisticated ESG initiatives still rely on rudimentary metrics and simplistic or outdated technology to track the outcomes of their programs for partners, stakeholders, and the corporate bottom line. Enter MetaCX.

Align Strategic Initiatives with Key Partners in the Value Chain

MetaCX has created the first-ever Business Value Network where companies go to manage their business relationships. Within the network, companies are able to connect with ESG partners through Bridges—co-owned digital spaces where two or more organizations can come together to align on strategic initiatives. Each Bridge ensures mutual accountability between partners and creates focus on the desired outcomes, action plans, and evaluation measures necessary to achieve shared success.

Carbon Neutrality Bridge

Demonstrate Value and Prove ROI

To track performance against the outcomes established in a Bridge, MetaCX captures multidirectional data. By instrumenting any application, system, or digital endpoint, partnering companies can turn disparate data points into dynamic metrics that monitor outcome achievement and prove value delivery.

An outcomes-driven model can showcase an initiatives’ long-term impact and align that value to return on investment in financial and non-financial terms.

Tell a Data-Driven Story

Armed with live performance metrics, companies using MetaCX are able to tell compelling stories that can be shared with leadership teams, shareholders, investors, and the public. By evangelizing the value that they’re generating from investing in ESG strategies, companies benefit from positive media coverage, revenue growth, and increased ESG investment—ultimately furthering core environmental and social goals.

Standardize Supply Chain Sustainability

For most companies, success in ESG requires the cooperation of the entire supply chain. Many companies still struggle to standardize reporting and collection methods for their suppliers, especially related to key ESG standards. Companies that join the MetaCX Value Network establish one global identity. Within that network, companies can create standard sets of ESG outcomes, action plans, and metrics that can be applied to an unlimited number of vendor and partner relationships.

In the coming years, the demand for accountability and sophistication in ESG strategies will only continue to grow. MetaCX can be your partner in developing frameworks for data-driven, outcomes-based results that drive value for your company and your stakeholders.

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