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The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Technology makes the work of sustainability professionals more efficient in many ways. Data management platforms can be particularly helpful. These platforms are often used to track enterprise-wide emissions in one convenient place. However, a nice data management system isn’t a replacement for quality data. A recent Sodali & Co. memo outlines 11 best practices for collecting accurate, auditable GHG emissions data. Number 8 reminds us that technology is only as good as the data it’s based on:

Software Solutions are Tools, Not Replacements. GHG accounting software should be viewed as an enabling component of a well designed inventory process, not a replacement for it. Companies increasingly rely on these platforms to streamline data management, improve efficiency, and enhance consistency across reporting cycles. When implemented effectively, software can help organize activity data, apply emission factors, perform calculations, and generate reports. However, these platforms are not turnkey solutions. Successful implementation still depends on adequate internal resources, clearly defined ownership, and ongoing governance over data, methods, and controls.”

This pointer should be taken to heart, especially in the new and evolving world of AI. A popular phrase in the AI world is “garbage in, garbage out.” This means that any technological system is only as accurate as its underlying data. Technology is not a panacea, and data governance is critical. Understand the limitations of your emissions platforms, rely on estimates as little as possible, and never trust figures from an AI platform without verifying them first.

Our members can learn more about GHG accounting and assurance here.

Interested in a membership with access to the complete range of benefits and resources? Sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile