Case Study: Major Energy Company
Manage ESG Data on global consolidated basis
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Product
TERRAST for Enterprise（T4E）
Background of Implementation
・Energy company
・More than dozens of consolidated subsidiaries
・A company positioned as Tier 1
・Need to implement ESG management across the global consolidated basis
Challenge
・Each department at the headquarters (such as the sustainability team, general affairs, and human resources) collects E/S/G data separately from consolidated subsidiaries, leading to issues with the complexity and workload of the data collection process.
・There is no established system (with an affordable budget) for collecting data from overseas subsidiaries yet.
・Some subsidiaries have no resources or knowledge to dedicate time to ESG data collection tasks.
・Holding preliminary briefings and providing aftercare follow-ups for group companies require significant effort.
・Difficulties in collecting social-related data on a consolidated basis due to varying standards in each country.
・Needs to handle the calculation and disclosure of the human capital disclosure items (e.g. female executive ratio, paternity leave acquisition rate, and gender pay gap)."
Solution
・Reducing the Parent Company's Aggregation Burden
By utilizing T4E, accounts are provided for each subsidiary and Tier 2 company. This enables semi-automated aggregation of E, S, and G data, and the data is consolidated and aggregated on the "TERRAST for Management" tool managed by the parent company, reducing the parent company's aggregation burden.
・Reducing the Burden on Personnel in Charge
Instead of the parent company's personnel, Sustainable Lab's customer support provides assistance for ESG data entry to each company. Additionally, after prior consultation with the parent company's personnel, Sustainable Lab conducts usage briefings that include an overview of operations and the significance of data entry and submission.
・Smoother Consolidated Disclosure
T4E has a "note information field" for social-related indicators such as the ratio of female executives, allowing for the retention of supplementary information during consolidated disclosure.
・Streamlining Calculation and Disclosure of Three Human Capital Disclosure Items
T4E covers the mandatory disclosure items for securities reports, reducing the need for separate analog confirmations from subsidiaries and enabling semi-automated collection. It's also convenient because companies not subject to mandatory disclosure can optionally input data as aspirational goals.
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