FigBytes Integrates SASB Standards in its Enterprise Sustainability and ESG Platform
illi News/10073751

GATINEAU, Quebec - illiNews -- FigBytes Inc., provider of the leading cloud-based integrated strategy, sustainability and environmental, social and governance (ESG) software announced that it now licenses the Sustainability Accounting Standards Board (SASB) metrics, topics and technical protocols, which are integrated within its sustainability and ESG management platform.

SASB standards serve as a valuable guide to creating long-term shareholder value for a company by integrating ESG data into their sustainability reporting and risk assessment processes, and by identifying improvement opportunities.

FigBytes CEO, Ted Dhillon said, "We are pleased to announce that we can now integrate the SASB standards in our integrated sustainability and ESG platform. ESG standards such as SASB and more recently TFCD have become important to understanding how companies are embedding ESG impacts into their operations and value creation practices." He further added, "The FigBytes platform will now allow our customers to leverage the SASB framework to select metrics that are material to them, and then track performance against these metrics in a completely automated way. As operational data gets captured within FigBytes, the SASB reports and visuals of performance against targets will be automatically generated. This will help our customers to conduct ESG impact analysis, identify risks and areas of improvement, and ultimately enhance value creation."

More on illi News

• NAFMNP Awarded USDA Cooperative Agreement to Continue MarketLink Program Under FFAB
• Costa Oil - 10 Minute Oil Change Surpasses 70 Locations with Construction of San Antonio, TX Stores — Eyes Growth Via Acquisition or Being Acquired
• LaTerra and Respark Under Contract with AIMCO to Acquire a $455M, 7-Property Chicago Multifamily Portfolio
• Record Revenue, Tax Tailwinds, and AI-Driven Scale: Why Off The Hook YS Inc. Is Emerging as a Standout in the $57 Billion U.S. Marine Market
• VSee Health (N A S D A Q: VSEE) Secures $6.0M At-Market Investment, Accelerates Expansion as Revenues Surge

Jeff Cohen, the Director of Capital Markets Integration and Head of Private Investments Initiatives at SASB said, "Integration of SASB standards into platforms including FigBytes is very exciting and facilitates dynamic and interesting functionality, aiding companies in gleaning useful operational insights and disclosing information consistent with the SASB standards."

About FigBytes Inc.:
FigBytes is an all-in-one cloud-based platform that can be used for sustainability, ESG or CSR data collection, strategy-mapping to that data according to the sustainability goals, data management as well as data reporting in the form of beautiful visualizations instead of using disconnected tools. It has a fully integrated suite of sustainability modules with data-driven story-telling that can move a company beyond non-financial reporting. In addition to being a technologically powerful platform, the solution is also supported by a services team that is consistently recognized for providing inimitable customer service, training, and support. To learn more about the FigBytes' solutions, visit www.figbytes.com.

More on illi News

• Children Rising Appoints Marshelle A. Wilburn as New Executive Director
• STLE Launches Travel Grants Program to Support Tribology and Lubrication Engineering Professionals
• Digi 995: Void Run Pushes the Digiverse Into Its Darkest, Fastest Chapter Yet
• Fairmint CEO Joris Delanoue Elected General Director of the Canton Foundation
• Sleep Basil Mattress Co.'s Debuts New Home Page Showcasing Performance Sleep Solutions for Active Denver Lifestyles

About Sustainability Accounting Standards Board (SASB):
SASB connects businesses and investors on the financial impacts of sustainability. SASB standards enable businesses around the world to identify, manage, and communicate financially material sustainability information to investors. SASB standards are industry-specific and are designed to be decision-useful for investors and cost-effective for companies. They are developed using a process that is evidence based and market informed. To download any of the 77 industry-specific standards, or learn more about SASB, please visit SASB.org.