Your business has an impact on the world- make it a positive one.
ESG reporting is quickly becoming the norm for companies to communicate their value beyond profit margins. With the global drive towards sustainability, investors and stakeholders are increasingly looking to ESG reports and practices to manage their investments. Having a robust ESG framework in place will benefit not only your business, but also customers, tenants, and employees who wish to be a part of creating a better- and more energy efficient- world.
ESG stands for Environmental, Social, and Governance. ESG reporting is becoming the norm for communicating how your company works towards bettering the environment, strengthened relationships between employees, customers, and the community, and ensuring a competent, ethical, and equitable governance system is in place. While there are no hard and fast rules to reporting or developing a framework, ESG best practices involve establishing a clear and achievable strategy that incorporates your company’s own values, mission, and vision.
Environmental
Energy efficiency
Water efficiency
Energy/renewables usage
Emissions reductions
Waste management
Environmental management system
Climate change strategy
Biodiversity
Social
Diversity, Equity & Inclusion
Freedom of association
Health and safety
Salaries
Human rights
Employee engagement
Community development
Indigenous relations
Governance
High-level commitment to ESG
Ethics
Accountability
Board composition
Board independence
Executive compensation
Shareholder democracy
Financial reporting & transparency
Sustainability is becoming the most important metric for a business today- customers, employees, and investors want to know how you as a company are ensuring your business is making a positive impact in the world.
Reduce energy, water, and waste – thus reducing your operating costs
Secure community and regulatory support for projects
Boost employee morale and productivity
Appeal to socially and environmentally conscientious stakeholders and investors
Contribute towards a more sustainable future
Navigating the world of sustainability can be tricky – with an abundance of information, it can be difficult to decide on what factors will be effective for your business. As there is no one single framework that guides ESG reporting, it can be unclear of where to start. Without a plan, ESG can become complex, adding another reporting burden to managers who already have enough on their plate.
This is where SPG comes in- with the combination of an agile, centralized software and an experienced, multi-disciplinary team, we can help your company navigate the requirements of ESG reporting, developing effective metrics that are customized to your business’s mission, values, and vision.
We can establish frameworks and identify factors that are material to your company, set benchmarks, and collect quantitative data. SPG will help you develop a strategy and action plan that is cost-effective, achievable, and sustainable. Our software system will provide a one-stop-shop for all your data and reporting needs, reducing the complexity of sustainability reporting and ensuring your data is up to date and actionable, saving you money as you save energy.
Make sure you’re not left behind- contact an SPG representative today to discuss how we can help you start your journey towards sustainability and ESG reporting.
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