Create an ESG target

Create an environmental, social, and social (ESG) target to help track the progress towards your ESG goal.

Before you begin

Role required: sn_esg.program_manager

About this task

When you create a target, you can use the target to see how well you are meeting your goals. You can treat the status of the target as a report card about your goals. After you create a target, you can create and collect metrics to measure whether the targets are met.

Procedure

1. Navigate to All > Environmental, Social, and Governance > ESG Workspace > Lists > Program Setup > Targets.
2. Click New.
3. On the form, fill in the fields.

   Table 1. Target form

   Field	Description
   Name	Name of the target. For example, Launch diversity programs each quarter.
   Goal	Goal that this target will track.
   Start date	Date the target begins
   Owner	Owner of the target.
   Type	Target type that shows the direction of achievement. Choices are the following: Maximize: The direction of the progress is towards the Target value from the Base value. The base value must be less than the target value. Minimize: The direction of the progress is towards the Target value from the Base value. The target value must be less than the base value. Milestone: Fixed type. Only the progress field is available. The values of the field (0-100) capture the achievement of a milestone.
   State	State of the target.
   Status	Status to indicate the target progress. Choices are the following: Green: Indicates that the target is on track. Yellow: Indicates that the target needs improvement. Red: Indicates that the target needs immediate attention.
   End date	Date when the target ends.
   Contributors	Users who contribute to achieving the target.
   Check in frequency	Option to specify how frequently should the owner or contributor be updating the actual value of the target. The available options are Daily, Weekly, Fortnightly, Monthly, and Quarterly.
   Measure	Measure type for the specified value. The available measure types are stored in the Units [sn_gf_units] table.
   Base value	Base value of the target. The base value can also be considered as the present or current value.
   Actual value	Actual value of the target at a given time. This field is available only when the Type field is set to Maximize or Minimize.
   Target value	Target value of the target. This value is the goal that your team wants to reach. This field is available only when the Type field is set to Maximize or Minimize.
   Progress	Percentage of target that is complete. This value is calculated automatically. If the Type field is set to Maximize, then the progress value is calculated using the following formula. Progress = (Actual value - Base value) / (Target value - Base value) x 100 If the Type field is set to Minimize, then the progress value is calculated using the following formula. Progress = (Actual value - Target value) / (Base value - Target value) x 100
   Weight scale	A numerical value that represents the importance of the target relative to the other targets of the goal. If there are any sub-goals present, they are also considered for relative weights and consequent progress calculation. By default, the weight scale is 1. Note: This field is available only when the sn_gf.weighted_average_enabled system property is set to Yes.
   Source for target	The metric definition or the metric that acts as a source of the target. This field only appears when the Type field contains either Maximize or Minimize. For information on how to add a source, see Add a source for a target.

4. To mark a material topic as confidential, in the Security section, select the Confidential option.
   1. In the Allowed users field, select the users who can view the record.
   2. In the Allowed groups, select the groups that can view the record.
   This Security section only appears if thesn_grc.enable_record_confidentiality property is enabled under GRC properties. By default, the logged in user is added to the list of confidential users.
5. Click Save.
   The Metric Definitions and the Metric related lists appear.
6. To add a metric definition, do the following:
   1. Click the Metric Definition related list.
   2. Click Add.
   3. Select the metric definitions to add.
   4. Click Add.

Result

The target with metric definitions is created.

• Add a source for a target
  After you create a target, you must add a source for the target. The source can be a metric or a metric definition that contributes to the parent target.