"ESG Work Once Done in Excel and PPT, Now with AI"... Samil PwC Unveils Integrated Solution
Automating Sustainability Report Preparation and Data Management
Support from Greenhouse Gas Emissions Calculation Through Verification
Samil PwC has unveiled an AI-powered solution to help companies prepare sustainability reports and manage greenhouse gas emissions. The solution is designed to systematize ESG-related work previously handled using Excel and PowerPoint (PPT), improving the accuracy and efficiency of data management.
A Samil PwC official said on Nov. 13, "We held a Sustainability Integrated Solutions Briefing the previous day at our headquarters in Yongsan-gu, Seoul, for corporate ESG practitioners and others," explaining the launch.
At the briefing, the company introduced a solution that supports data collection and verification, report preparation, and other tasks required to respond to sustainability disclosure requirements, and demonstrated its key features. Lee Jingyu, a partner at Samil PwC, said, "With sustainability disclosures becoming mandatory, companies face a growing burden to ensure data consistency on a consolidated basis and shorten disclosure timelines. Through our integrated solution, we will help address the limitations of manual work and enable companies to respond to disclosure requirements more efficiently and reliably."
Lee Jin-kyu, a partner at Samil PwC, delivers opening remarks at the Sustainability Integrated Solutions briefing held on the 12th. Samil PwC
View original imageFrom Report Preparation to Data Verification... Using AI
Samil PwC's sustainability solution consists of four areas: master data management, quantitative metric management, report preparation and materiality assessments, and document management. It incorporates experience gained by Samil PwC in preparing more than 60 sustainability reports each year.
A key feature is that tasks previously handled separately in Excel and PPT can now be completed on a single platform. Results of materiality assessments (the process of identifying ESG issues important to a company's business and its stakeholders) and quantitative data can be linked to the report-preparation stage, and access rights can be assigned separately for each company and subsidiary.
For quantitative data management, the solution applies the Sustainability Chart of Accounts (COSA), a system based on the concept of account titles used in financial accounting. Users can import previous-year metrics or upload Excel files in batches, and manage supporting documents for each metric. Data that has been reviewed and approved can be used for variance analysis and to prepare tables for disclosure.
The company also presented AI-powered report-preparation features. The system analyzes existing reports and input data to draft reports or refine their wording, and automatically incorporates materiality assessment results and quantitative data into reports. It also offers PPT conversion and design support.
Supporting Greenhouse Gas Emissions Calculations... Toward a Unified Platform
The company also introduced Carbon Monitor, its greenhouse gas management solution. The system manages corporate greenhouse gas emissions, reduction targets, and performance, and supports external verification and the preparation of disclosure materials.
Companies can use business reports and Open DART, the electronic disclosure system, to define their organizational boundaries on a consolidated basis and manage emissions by business site. Supporting documents such as bills and receipts are entered using optical character recognition (OCR), a technology that reads text in documents and converts it into digital data. Companies can manage Scope 1, 2, and 3 data, distinguishing among direct emissions, indirect emissions, and supply chain emissions, and track their emissions reduction performance.
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Samil PwC plans to integrate its sustainability report-preparation and greenhouse gas management functions into a single platform. It also intends to add, in phases, functions for analyzing the impact of climate change on corporate finances, human rights impact assessments, supply chain assessment and management, and product life cycle assessment (LCA).
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