For Compliance, Risk, and Governance teams
Gain control and efficiency with our comprehensive dashboard
Effortlessly centralize document and file management securely
Organize and streamline activities with automated scheduling calendar
Empower compliance with timely notifications, alerts, & deadline tracking
Ensure timely response, accountability, and risk mitigation through escalations
Gain compliance control, mitigate risks, & save time with framework library
Streamline assessments. enhance collaboration, ensure compliance.
Strengthen accountability, compliance, and transparency with audit logs
See our platform in action for free. No credit card required!
Efficiently manage GRC using your everyday tools
The Ultimate Agile Solution for Compliance Teams
Goin 360-degree visibility with intuitive compliance dashboard
Stay informed and proactive w ith notifications & alerts
Simplify file and document management with ease
Automate compliance workflows for seamless efficiency
Streamline compliance with customizable framework library
Enable collaboration across locations, departments, and teams
Centralize compliance work for streamlined efficiency
Goin actionable insights with robust reporting feature
The Essential Solution for Empowered Risk Managers
Identify and track risks using the centralized risk register
Enable collaboration across stakeholders for better resolution
Streamline risk assessment with process automation
Enhance risk visibility with intuitive and centralized dashboard
Establish connection across teams, departments, and locations
Elevate risk awareness through proactive notifications
Manage files & evidence centrally for efficient control
Enhance decision-making with actionable risk insights
An Unparalleled Solution for Policy Management Teams
Efficient policy distribution through central repository
Streamline policy drafting and lifecycle management for simplicity
Simplify compliance with comprehensive policy templates
Simplify policy management with efficient version control
Accelerate policy approvals with automated processes
Collaborate seamlessly with cross-functional teams
Effortlessly measure policy training effectiveness with assessments
Manage policy life cycle with automated reminders and notifications
The Complete Solution for Empowered and Efficient Audit Teams
Maintain transparency and accountability with audit trails
Organize and streamline audit with automated scheduling and calendar
Centralize audit files for streamlined evidence collection and management
Stay informed with proactive audit activity notifications & alerts
Streamline audit assessments for comprehensive compliance
Bring audit plans, activities into the single space for complete control
Simplify audits with automated workflow efficiency
Gain 360-degree visibility with intuitive Audit dashboards
Empowering success through streamlined compliance, risk, and governance solutions
Empower your business with simplified regulatory compliance solutions
Empower your enterprise by elevating risk management practices
Transform GRC operations for optimized efficiency and effectiveness
Mitigate risks with seamless third-party risk management
Check out our comprehensive guides for seamless management!
Empower your business with pre-built customizable regulatory and control frameworks
Achieve quality success through ISO 9001 Framework
Deliver compliance excellence with the power of SOX framework
Simplify your security approach with ISO 27001 framework
Navigate cybersecurity excellence with NIST framework compliance
Promote data security through compliance with PCI DSS framework
Unlock trust and security with SOC 2 framework for compliance
Empower your industry with unmatched effectiveness and efficiency
VComply for the Financial Services Industry
VComply for the Manufacturing Industry
VComply for the Banking Industry
VComply for the Non-Profit Industry
VComply for the Higher Education Industry
VComply for the Food & Beverages Industry
VComply for the Healthcare Industry
VComply for the Construction Industry
Stay connected and grow alongside VComply
Stay informed on compliance, risk, audit, and policy management trends
Streamline work with comprehensive guides for seamless management
Navigate complex GRC challenges with valuable e-books
Discover user stories for valuable insights into user-experiences
Access comprehensive definitions and explanations for essential GRC terms
Gain a comprehensive understanding of the features, benefits, and capabilities
Discover insights from experts on the latest happenings in GRC
Learn tips, tricks, and insights to make compliance work for your organization through our expert webinars!
Utilize our go-to templates and checklists to help you stay compliant
Keep in sync with the latest changes by updated framework templates
Get compliance assistance through VComply compliance checklists
Download policy templates that you use to create guidelines and processes.
Discover the power of VComply through our detailed use case guides
Get to know what make VComply the best GRC platform on the market
Discover VComply's value, mission, and vision for better GRC future
Stay informed about VComply and GRC industrylatest updates
Join VComply, redefine compliance, unleash potential
Know about our partnership program
Get to know our board of advisors
Our legal terms of services and privacy policy
Stay up to date on the latest VComply news
VComply offers unparalleled Sales and Customer Support
Send us your sales queries and let us know your needs
Get 24/7 quick and dedicated support anytime
Lets get social
Follow us on LinkedIn for company updates
Join VComply on Twitter for live updates
ESG is an attempt to analyze the most important elements of an organization and how policies are regulated and applied. Organizations should address environmental, social and governance (ESG) practices and reporting within their framework. Originally designed to better approach the most sustainable realms of investment, ESG has evolved into a ubiquitous public discussion that greatly impacts the business ecosystem.
Stakeholders, customers, employees, and investors want to be sure that the companies with whom they interact and invest share the same values and commitments and that those values are reported in their policies. Regulators are paying close attention to ESG (Environmental Social and Governmental) practices as governments enforce standards for sustainability, social justice, and corporate governance.
Additional Read: Elements of an effective compliance program
ESG refers to a standard of business conduct that incorporates environmental, social and governance considerations. As ESG becomes more important to directors, it’s essential to consider the regional nuances that drive focus. The core of ESG is about organizational integrity. ESG covers a wide range of corporate behavior:
Investors and stakeholders have a primary interest in the environmental impact an organization has. This includes an analysis and reports of the organization’s values and commitments related to the management of the natural world and the environment. From this, there will be a reporting and tracking of the organization’s environmental initiatives related to climate change, waste management, pollution, resource use and depletion, greenhouse gasses, and more.
The social element includes employee and customer/partner relations, human rights (e.g. anti-slavery), diversity and inclusion, anti-harassment and anti-discrimination, and privacy of individuals. Employees and others subjected to the working conditions and labor standards (e.g. child labor, forced labor, health, and safety) must be protected by social policy procedures. How the company participates and contributes to society and the community is reflected in the ESG and stems from the manner in which the company operates.
For the governance section, there will be measures and reports about the organization’s culture and behavior in the context and their alignment with the organization’s values and commitments. Typically, an organization needs strong management to oversee the entire operation in order for the legal priorities to function smoothly and remain consistent with the policies set in place. These policies define the behavior of individuals/roles, transactions, processes, and organizational relationships. This includes financial and tax strategies, reporting, resilience, combating bribery and corruption, security, diversity and board structure, and transparency and accountability.
For an organization to report an ESG, it must have something to report. This requires an ESG program to be built around the organization’s policies.
Policy management is a continuous process that requires regular adjustment to accommodate new technologies, updated legislation and best practices.
Managing your policies is an ongoing process. As the organization changes and grows, so must your policies. Setting them in place and communicating them across the organization is equally important. What lies at the heart of effective policy management is making sure that the policies you have worked hard on are adopted. The most perfectly-designed policies are nothing more than words on paper if they are not implemented and acted upon. Enforcing their take-up and ongoing compliance is the real nucleus of policy management; the key stage that will take your policies from aspirational to in-built.
The risks of not managing your policies effectively should provide sufficient incentive to prioritize and recognize the importance of policy management, though. There’s the risk of health and safety breaches. The potential for regulatory fines. The reputational damage that results from publicity around legislative breaches. The possibility of lawsuits.
Good policy management demands the buy-in and understanding of your policies. It might mean training and testing the teams responsible for implementing the policies to ensure they fully appreciate what they need to do.
The main foundation of the ESG strategy is based on the policies of the organization, starting with the code of conduct and operating under the scope of policies that support the many E, S and G aspects of the ESG. In policies, what is acceptable and what is not should be clearly defined. Furthermore, you cannot have an ESG program without policies. Policies set a standard that should be upheld as a whole. With the proper policies implemented, the organization’s behavior, values, ethics and controls will work well to address risks and ensure that the organization reliably achieves its objectives, including ESG related goals.
Any organization developing an ESG program must have the following:
Your ESG should result in a diverse, sustainable, environmentally sound perspective. Many aspects can be considered when performing ESG structuring. For example, it is important to be clear in the statement of policies but organizations should always be open-minded about how they can change and improve their operation. The impacts an organization has on its surrounding community are crucial and should be dealt with in its policy. All policies should be reviewed frequently and documented. Easy access to policies for employees is mandatory and the well-being of everyone involved should always be held as the highest priority.
Ready to set up a trial of VComply and automate your compliance process?