ESG Today writes that the updates added to its platform come as new regulatory requirements are emerging in the ESG reporting sector and companies may struggle with adapting to new reporting standards.

Steve Wilhite, President, Schneider Electric Sustainability Business, said that "as our clients and other global enterprise companies scale up their sustainability capabilities, we anticipate a growing need for precision technology and tools required to meet their evolving needs."

Among the new technologies implemented in the platform is an AI-driven tool that assess a company's activity and assets to determine how executives should handle reporting in relation to existing and upcoming standards, both globally and regionally, where it may apply.

Another software solution that can be useful looks at how green power is currently implemented in a company and where it can still be added to benefit from lower carbon emissions. Additionally, if excess green energy is generated, the platform can help with selling that power, as well as with establishing a decarbonization plan for the future.