2023-07-07 11:30:00
Welcome to the Cloud Wars Minute — your daily news and commentary show, guest-hosted today by Acceleration Economy practitioner analyst Kieron Allen. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud.
This episode is sponsored by Acceleration Economy’s “Cloud Wars Top 10 Course,” which explains how Bob Evans builds and updates the Cloud Wars Top 10 ranking, as well as how C-suite executives use the list to inform strategic cloud purchase decisions. The course is available today.
In this episode, Kieron explains the strategic value to customers of new environmental, social, and governance (ESG) functionality that’s been added to Salesforce’s NetZero Cloud sustainability software.
Highlights
00:39 — Salesforce has released a new ESG reporting module: the Sustainability Accounting Standards Board (SASB) Report Builder, an update to its NetZero Cloud sustainability management application. It’s been developed in alignment with the International Financial Reporting Standards Foundation’s SASB framework.
01:04 — The SASB Report Builder enables organizations to automate the disclosure of critical ESG data, all surrounding the risk and opportunities determined by sustainability practices that could have a financial impact across cash flow, access to funds, or the cost of capital.
01:30 — The report builder’s pinpoint focus is important for customers doing ESG disclosures because the sheer volume of regulatory frameworks can overwhelm and even baffle some organizations — especially if this is their first pass at developing a reporting strategy. Salesforce is helping to slash the complexity of this critical business process.
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