Benchmark Gensuite, a leading provider of cloud-based Environmental, Health, Safety (EHS) and Sustainability software solutions, and GIST Impact, a market-leading impact data and analytics provider, on December 5 announced a strategic partnership to deliver comprehensive sustainability management and reporting capabilities to global organizations.
This collaboration brings together Benchmark Gensuite’s robust digital platform for EHS and sustainability management with GIST Impact’s advanced impact data and analytics expertise. The partnership will empower companies with enhanced tools to measure, manage, and report on their environmental and social impacts across their operations and value chains.
By combining leading science-based technology and objective data analysis capabilities, this partnership creates an unprecedented capability to blend complex information with executive action. As sustainability pressures rise and management tasks become more convoluted, this joint capability provides Subscribers with a powerful tool to understand their context, risks and opportunities, and to set the course for the sustainable stewardship and growth of their business.
The partnership has been designed to deliver the following benefits to Subscribers:
- Integrated Sustainability Data Management: Subscribers will benefit from a seamless integration of GIST Impact’s location-specific impact data and valuation methodologies into Benchmark Gensuite’s sustainability performance tracking and reporting software, providing an unprecedented combination of data insight and technology capability.
- Enhanced CSRD Readiness: The combined solution will provide organizations with improved capabilities to meet emerging reporting and disclosure requirements, in particular the Corporate Sustainability Reporting Directive (CSRD), through Benchmark Gensuite’s embedded workflow and reporting templates, and GIST Impact’s CSRD datasets. Other disclosure formats can also be addressed, including IFRS S1 & S2, CDP, EU Taxonomy and GRI.
- Actionable Impact Intelligence: Subscribers will gain access to GIST Impact’s science-based impact intelligence that covers location-specific data across 15,000+ companies and supports the assessment of risks, opportunities, trends, benchmarking, and regulatory compliance–enabling more informed decision-making to drive improved sustainability performance.
- Adding value to sustainability data: By using GIST Impact’s data across the Benchmark Gensuite platform, Subscribers will be able to apply advanced analytics to organizational assets, gaining insight into risk and performance at a site level, connecting sustainability insight into operational decision-making such as audit, investment, risk management and resource planning.
- Expanded Global Expertise: The partnership leverages Benchmark Gensuite’s global presence through a network of offices across all continents and 35 industries, and GIST Impact’s team of 120+ data scientists, engineers, ecologists, and economists to provide comprehensive sustainability solutions across the organization.
R. Mukund, Founder and CEO of Benchmark Gensuite, stated, “This partnership with GIST Impact represents a significant step forward in our mission to provide best-in-class Sustainability and ESG management solutions. By combining our strengths, we’re enabling organizations to understand their sustainability performance, and take action to guide business decision-making. GIST Impact data and analytics is a great complement to the advanced technology and AI tools we offer our Subscribers.”
Pavan Sukhdev, Founder and CEO of GIST Impact, stated, “We’re excited to join forces with Benchmark Gensuite to bring powerful and science-backed impact intelligence to a broader audience. Together, we’re equipping companies with the tools they need to navigate the complexities of sustainability reporting and make real strides toward their ESG goals.”
The integrated solution resulting from this partnership is now available to Subscribers, with leading Subscribers already exploring the wide-reaching benefits of the collaboration. More information on the partnership is available here.
About Benchmark Gensuite®
Benchmark Gensuite® enables companies to implement robust, cross-functional digital systems for EHS, Sustainability, and ESG Reporting through a unified digital platform—locally, globally and across diverse operating profiles.
With intuitive, best-practice-based process functionality, flexible configurations, and powerful extensions, the Benchmark Gensuite® platform has helped companies worldwide manage their EHS, Sustainability; Quality; Operational Risk and Compliance; Product Stewardship, and Supply Chain Risks for over two decades; and now organically integrated with cutting-edge ESG disclosure reporting and management solutions. Join over 3 million users that trust Benchmark Gensuite® with their software system needs and benefit from rapid deployment and adoption, immediate return on investment (ROI), service excellence, and collaborative innovation.
About GIST Impact
GIST Impact is a market-leading impact data and analytics provider, measuring, quantifying, and valuing corporate impacts on society and the environment for over 16 years. With a global team of experts, GIST Impact delivers location-specific impact data covering 15,000+ companies and is the chosen impact partner for the world’s largest corporations and investors representing over $8 trillion in assets under management.