Net Zero Compare

Greenstone+

Meeting Sustainability Goals Made Easy

Polina Martinuka
Written by Polina Martinuka
Updated on November 22nd, 2024
Amadeusz Annissimo
Edited by by Amadeusz Annissimo
15 min read
Published May 4, 24

Summary

Greenstone’s software offers companies an all-in-one platform for managing environmental, social, and governance (ESG) goals. With tools for tracking emissions, managing supply chains, and meeting sustainability standards, Greenstone makes it easier for businesses to collect and report data, stay compliant, and make meaningful improvements in their impact. Designed to support companies at any stage of their sustainability journey, Greenstone turns complex data into clear insights, helping organizations reach their ESG goals with confidence and efficiency.
Our principle

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Details

Name
Greenstone+
Date of establishment
2006-01
Organization

Deep dive


As companies face growing expectations to operate responsibly, tools that simplify environmental, social, and governance (ESG) management are essential. Greenstone provides a suite of software solutions designed to help businesses tackle these challenges—whether they’re tracking environmental impact, ensuring workplace safety, managing supply chain sustainability, or building trust with investors. Below, we explore each of Greenstone’s solutions and how they’re helping companies take meaningful steps towards a more sustainable and transparent future.

"At Greenstone, our brand promise to our clients is ‘data that talks to you’ and we make it central to everything we do – both in the way we develop our software and the way we support our clients:

  • We invest in our software to guarantee usability, relevance and quality to ensure that our clients get the information and insights they need from their data.

  • We engage with our client community to develop and innovate our software and services in line with their evolving requirements. 

  • We provide uncapped support from our dedicated team of experts, to ensure our clients have access to technical support and best practice advice."

Source: greenstoneplus.com

Solutions

Environmental Software

Greenstone’s Environmental Software helps companies track their impact on the environment by collecting data on emissions, water use, energy consumption, and waste. This data is organized in one place, making it easy for businesses to monitor their environmental footprint and report their progress.

  • What is it used for? This software provides a clear view of a company’s environmental data, helping them track sustainability goals and comply with global standards like the GRI (Global Reporting Initiative) and the CDP (Carbon Disclosure Project).

  • Why does this matter? With increasing regulations around environmental impact, companies need reliable data to demonstrate their efforts in reducing emissions, conserving resources, and managing waste responsibly. Greenstone’s Environmental Software allows them to do this effectively, supporting transparency and regulatory compliance.

Use examples:

  • GHG Emissions Calculation
    Automatically calculates greenhouse gas emissions with over one million emissions factors from global standards like the GHG Protocol, ensuring precise and consistent emissions tracking.

  • Scope 1, 2, & 3 GHG Analysis
    Analyzes emissions across all levels of operations, from direct sources (Scope 1) to purchased energy (Scope 2) and supply chain impacts (Scope 3), providing a full picture of the company’s environmental footprint.

  • Target Tracking
    Monitors progress on emissions and consumption targets, such as science-based and net-zero goals, with visual dashboards to track progress over time.

  • Data Assurance and Validation
    Ensures data quality by setting limits, alerts, and approvals, making the data ready for audits and reliable for reporting and external reviews.

  • Reporting
    Offers a library of ready-made templates for creating reports that meet regulatory and stakeholder needs, making it easy to customize reports to fit specific requirements.

Source: https://www.greenstoneplus.com/software/environment/
Source: https://www.greenstoneplus.com/software/environment/

Source: Greenstone+

CSR Frameworks Software

Greenstone’s CSR Frameworks Software supports companies in tracking and reporting their Corporate Social Responsibility (CSR) efforts. This software aligns CSR initiatives ( e.g. reducing carbon footprint, sustainable sourcing, fair wages and safe working conditions) with key frameworks such as the UN Global Compact, GRI, and the Sustainable Development Goals (SDGs), which are widely used to communicate responsible practices.

  • What is it used for? This software allows businesses to monitor progress on social initiatives like workplace diversity, employee well-being, and community impact, helping them achieve internationally recognized CSR standards.

  • Why does this matter? Today’s stakeholders expect companies to not only be environmentally responsible but also socially conscious. With this software, companies can measure their social impact and report it in line with global standards, building trust with customers, employees, and investors.

Use examples

  • CDP (Carbon Disclosure Project) Reporting
    As a CDP gold solution provider, Greenstone’s software is equipped to manage the entire CDP reporting process. It provides accredited content and modules for gathering, monitoring, and reporting on data required by the CDP, e.g. Scope 1, 2, and 3 emissions, targets for emissions reduction, renewable energy use, water consumption figures, and details on strategies for managing climate-related risks and opportunities.

  • GRI Standards
    Certified under the GRI’s Certified Software and Tools Program, Greenstone’s software enables accurate reporting based on GRI standards. The software provides tools to help companies collect all necessary data and produce a comprehensive GRI-compliant report.

  • SASB Standards
    With full SASB standards licensing, Greenstone’s software supports reporting aligned with the SASB framework, which covers 77 industry standards. Users can report on SASB’s metrics and topics, ensuring they meet sector-specific requirements for environmental, social, and governance data.

  • SDG Mapping and Alignment
    This tool helps companies align their CSR efforts with the UN’s 17 Sustainable Development Goals (SDGs). Users can collect and report data to show how their activities contribute to the SDGs, while mapping and aligning this data with GRI standards and other custom KPIs, which are numbers or measurements that show how well a company is doing in reaching its goals.

  • Custom Questionnaire Distribution
    This feature allows companies to create and send custom question sets to different stakeholders, collecting both qualitative and quantitative data. It supports flexible data collection across the organization, making it easier to meet specific reporting requirements.

  • Customer Requests
    The software maintains a centralized library of external data requests from customers, Non-Governmental Organizations, or investors, allowing companies to track responses and manage their CSR communications efficiently. Users can label data for specific organizations, making it easier to manage requests.

  • Framework Mapping
    Greenstone’s award-winning framework mapping feature allows users to link data across multiple reporting frameworks. This ensures that key data points are aligned with frameworks like the SDGs, UNGC, and SASB, as well as with the company’s own KPIs.

Source: https://www.greenstoneplus.com/software/csr-frameworks/
Source: https://www.greenstoneplus.com/software/csr-frameworks/

Source: Greenstone+

Health & Safety Software

Greenstone’s Health & Safety Software is designed to track workplace incidents, manage safety standards, such as ISO 45001, or the ones provided by OSHA (Occupational Safety and Health Administration) and HSE (Health and Safety Executive). For example, OSHA enforces rules like maintaining hazard-free workplaces and providing protective equipment, while HSE provides standards such as The Management of Health and Safety at Work Regulations (1999). This software ensures that companies meet health and safety regulations and helps them create a safer work environment for their employees.

  • What is it used for? Companies use this software to log workplace incidents, conduct safety risk assessments, and ensure compliance with health and safety regulations. It provides a single location for tracking and analyzing safety data like incident reports or inspection reports, which can help in preventing future incidents.

  • Why does this matter? Workplace safety is crucial for any business. Greenstone’s Health & Safety Software not only helps companies comply with legal standards but also supports their efforts to reduce risk and promote employee well-being.

Use examples

  • Data Collection
    Collects and consolidates custom Health & Safety data relevant to the organization, making it easier to keep track of all safety metrics in one place.

  • Incident Reporting
    Enables users to capture and report incidents in real-time, allowing for quick management, escalation, and investigation. The software also assigns remedial actions with automated reminder notifications to ensure issues are addressed.

  • Investigations
    Opens a follow-up investigation after an incident, enabling root cause analysis (RCA) to identify underlying issues and prevent future occurrences.

  • Analysis
    Analyzes incident trends using dashboards and reports, providing a visual overview of data to identify patterns and areas for improvement.

  • Reporting
    Supports detailed reporting, including incident trend reports, individual incident summaries, and templates for regulatory compliance, such as OSHA 300 and OSHA 300A reports.

  • H&S Checklists
    Distributes Health & Safety checklists across sites for online completion, ensuring standardized safety procedures across the organization.

  • Custom Questionnaires
    Allows users to create and distribute custom questionnaires to collect Health & Safety data across sites. Questionnaires support multiple formats, including free text, multiple choice, numerical inputs, attachments, and tables, making it easy to gather diverse data points.

Source: https://www.greenstoneplus.com/software/health-safety/
Source: https://www.greenstoneplus.com/software/health-safety/

Source: Greenstone+

Supplier Portal

Greenstone’s SupplierPortal lets companies engage directly with their suppliers on sustainability, ethics, and compliance. It streamlines the process of collecting important environmental, social, and governance (ESG) data from suppliers, such as carbon emissions, labour practices, water usage and more, giving companies full visibility into their supply chain.

  • What is it used for? This portal helps companies gather and manage data from suppliers to ensure they meet ESG standards. Suppliers can submit their own data directly through the portal, making it easier for companies to track and improve supply chain performance.

  • Why does this matter? A company’s supply chain often accounts for a large share of its environmental and social impact. SupplierPortal provides transparency, allowing companies to ensure their supply chain aligns with their sustainability goals.

Use examples

  • Sustainable Procurement
    Use custom questionnaires to assess suppliers on sustainability goals, helping make purchasing choices that support positive environmental and social impact.

  • Scope 3 GHG Emissions
    Calculate and monitor Scope 3 greenhouse gas emissions from suppliers. The dashboard tracks emission trends over time, providing insights into suppliers’ emissions by category and source.

  • Supplier Codes of Conduct
    Distribute a Code of Conduct to all suppliers, using built-in tools to track compliance with each clause. Capture documentation and evidence to ensure adherence to company standards. To learn more about the importance of Supplier Codes of Conduct, check out this webinar by Greenstone.

  • Supplier Audits
    Perform internal (i.e. done by the company’s own team to check internal processes) or external (performed by hired auditors to verify compliance and accuracy) audits using automated assessments. You can also include third-party audits (conducted by independent organizations for certification or verification purposes), keeping all reports organized in one place to make supplier evaluations easier. Examples of supplier audits include checks for social compliance (like fair labour practices), environmental practices, product quality, health and safety standards, financial stability, and data security.

  • Information Security Assessments
    Embed customized information security (infosec) questionnaires for suppliers, using dashboards to track compliance with standards like ISO 27001, helping keep data safe throughout the supply chain.

  • Supplier Ethical Assessments
    Companies can assess suppliers on ethical standards, like fair wages, safe working conditions, and environmental practices. Set up scores and flags for each criterion—such as a green flag for suppliers with fair labour practices or a red flag for high-risk suppliers who don’t meet standards. This system makes it easy to automatically identify and track any suppliers who might pose ethical risks, helping companies make responsible sourcing decisions.

  • Compliance with Legislation
    Create tailored assessment questionnaires to capture supplier policies, disclosures, and certifications needed for regulatory compliance, such as conflict minerals or other legislative requirements.

  • Supplier Risk Management
    This tool includes customizable risk flags to automatically identify and monitor risks. Companies can work with many suppliers at once by using automated action plans and direct communication to quickly address and fix potential issues.

Source: https://www.greenstoneplus.com/software/supplierportal
Source: https://www.greenstoneplus.com/software/supplierportal

Source: Greenstone+

Investor Portal

Greenstone’s InvestorPortal is built to help companies present their ESG data in a way that meets investor demands for transparency. As investors increasingly look for companies with responsible practices, having clear ESG data is crucial.

  • What it’s used for: InvestorPortal organizes and presents data on ESG activities that matter to investors, such as emissions, social policies, and governance practices. It enables companies to showcase their commitment to ESG principles in a way that resonates with investors.

  • Why it matters: Investors value companies with strong ESG practices as they’re seen as lower-risk and more future-focused. This software gives businesses an easy way to communicate their ESG performance and build trust with investors.

Use examples

  • ESG Data Collection
    Import fund and portfolio information to quickly start gathering required ESG data. The platform gives investors control over metrics, reporting, scoring, and engagement, streamlining the process of ESG management.

  • Tracking GHG Emissions
    An easy-to-use emissions tracking tool allows for calculating and monitoring GHG emissions across portfolio companies. Users can assess emissions by type and scope throughout the value chain, giving a complete picture of carbon emissions across the portfolio.

  • Reporting
    Export data for internal analysis or filter results using dashboards and analysis tools. Customizable outputs enable reporting by portfolio, fund, sector, geography, and more, helping identify trends, anomalies, and opportunities.

  • Stakeholder Engagement
    A centralized system with permissions-based access allows control over what sections internal teams and external stakeholders, such as investors, can access, as well as what actions they can take, improving collaboration and data security.

  • Defining ESG Projects
    Use insights, ratings, and benchmarks to identify ESG risks or areas needing improvement. This tool allows setting specific ESG projects, tracking progress with portfolio companies, and making impactful changes.

  • Questionnaire Distribution
    Build and send customized questionnaires to portfolio companies, selecting from a library of questions aligned with frameworks like SASB, GRI, and CDP, or creating new ones. The tool helps align responses with standards such as SDGs and PRI.

  • Due Diligence
    Make pre-investment checks easier by sending questionnaires to potential investments. Flags and alerts highlight risks, helping you quickly filter out unsuitable options and save time in the review process.

Source: https://www.greenstoneplus.com/software/investorportal
Source: https://www.greenstoneplus.com/software/investorportal

Source: Greenstone+

Case Studies

Fujitsu

Fujitsu, a global IT company with over 130,000 employees across 33 countries, needed an efficient way to handle environmental data from its numerous locations worldwide. By partnering with Greenstone, they were able to streamline data collection and improve the accuracy of their reporting. Greenstone’s software allowed Fujitsu to automate data gathering from over 300 facilities, which saved them a lot of manual work and reduced reporting errors. With everything organized on a single platform, Fujitsu saved about 20% of the time they used to spend managing this data. Now, they can track various metrics—such as carbon emissions, water use, and waste—across all levels of emissions. Juliet Silvester, Head of Responsible Business at Fujitsu, stated,

"At Fujitsu, we take our environmental responsibilities seriously and our long-standing partnership with Greenstone, and its software, has enabled us to report and evolve our non-financial reporting with accuracy and confidence."

Source: greenstoneplus.com

Royal Mail

Royal Mail, the UK’s main postal service with a large workforce and fleet, needed a better way to track and report its environmental impact. With Greenstone’s help, they improved how they manage and report data across their entire operation. Greenstone’s software allows Royal Mail to track emissions from its 41,000 vehicles and energy use across its facilities. The system covers all types of emissions, giving them a complete view of their environmental footprint. This centralized approach has cut down the time Royal Mail spends on data collection and processing by around 25%, making it easier for them to stay on top of their environmental goals. David Waterston, Carbon & Environment Programmes Manager from Royal Mail shared,

"Our partnership with Greenstone has enabled us to improve data accuracy and has increased confidence in our reporting to help us accurately report our achievement against our targets, both now and in the future."

Source: greenstoneplus.com

Quintain

Quintain, a UK-based real estate developer known for projects like the Wembley Park development, sought to improve how they manage suppliers and reduce risks in their supply chain. Greenstone’s SupplierPortal gave Quintain a tool for assessing the ESG performance of more than 200 suppliers involved in their projects. Through SupplierPortal, Quintain created tailored questionnaires to gather detailed information on each supplier’s sustainability, health and safety, and ethical practices. The portal provided visibility into each supplier’s compliance, allowing Quintain to quickly see which suppliers were meeting their standards and identify any risks. With alerts and flags for high-risk suppliers, Quintain could address concerns right away, making their procurement process smoother and helping them uphold high ethical and environmental standards in their projects.

Source: greenstoneplus.com

Eurostar

Eurostar, the high-speed rail service connecting the UK and mainland Europe, aimed to increase transparency and sustainability across its supply chain. With Greenstone’s SupplierPortal, Eurostar could engage over 150 suppliers, collecting crucial data on carbon emissions, labour practices, and environmental impact. This tool allowed Eurostar to spot potential risks in their supply chain by flagging suppliers who required additional oversight, which helped them maintain a sustainable supply chain in line with their environmental goals. SupplierPortal also enabled Eurostar to keep track of how their suppliers were contributing to their sustainability targets, such as reducing carbon emissions. Centralizing all this data in one place reduced the time spent on data collection by 30%, freeing up resources to focus on strategic improvements and planning.

Source: greenstoneplus.com

Pricing

Greenstone does not publicly provide starting guidance or pricing details. To obtain detailed pricing information, you will need to contact them directly through their contact page.

You can also request a free 30-minute demo with one of their sustainability consultants.

Closing Insights

Greenstone’s software is a powerful tool for any company looking to manage and improve its environmental and social impact. With features that cover everything from tracking emissions to managing supplier standards, it’s designed to make complex sustainability reporting easier and more effective. It’s flexible and can be tailored to fit companies of different sizes and needs, making it a strong option whether you’re just starting out with ESG goals or looking to build on what you’ve already achieved.

If you’re considering a tool to help you reach your sustainability goals, Greenstone is definitely worth exploring. Trying out a demo could give you a good feel for how it fits with your company’s goals and needs.


Polina Martinuka
Written by:
Polina Martinuka
Sustainability Research Analyst
Recently graduating from a university in the UK, with a Bachelor's degree in Multimedia Journalism, Polina brings a unique blend of investigative skills, the ability to analyze complex data and environmental awareness.