ESG Strategy & Measurement
What is ESG?
ESG stands for Environmental, Social & Governance. It's a global initiative that helps stakeholders understand the impact their business has on the environment, how it benefits society, and how its governance structures ensure transparency about risks and opportunities.
- Save energy
- Operate more responsibly
- Promote a healthy workspace
Shaping a strategy
In today’s global arena, setting an ESG Strategy is seen as an important benchmark for how responsible organisations operate. A successful ESG strategy covers the three main pillars of sustainability: Environment, Social, and Governance. The purpose of an ESG Strategy is to demonstrate the environmental, social, and governance factors that your organisation believes to be intrinsically important to consider within your current and future business operations.
The Role of Tech
Technology enables a business to easily and reliably capture data that gives valuable, actionable insights to help improve many operational processes.
A simple IoT solution comprising monitors and sensors linked to a dashboard will help you get visibility and control of many vital metrics.
We designed the IoT Accelerator to help businesses test out a use case in order to provide proof of concept before investing in a full-scale roll-out.
What does ESG actually mean in real business operational terms?
Here are some areas we can review and measure:
- How much energy is the business consuming?
- Is the energy utilised from renewable sources, or from fossil fuel?
- Is all the energy consumption necessary?
- How can I demonstrate that my business is proactively reducing its carbon footprint?
- Is the working environment comfortable for the majority of the workforce?
- How good is the air quality on site?
- How quickly can you detect a potential incident?
- How accurate is any of the data that you are recording in these areas?
Reduce Energy Consumption, Cut Costs & Get Green
Using sensors to control room temperature or using smart sockets to identify the source give more control and enable insights based decision making.
Improve Your Environmental
Impact
IoT technology can monitor things like air quality and provide early detection of water leaks or excess moisture which contribute to your carbon footprint.
Improved Compliance & Safety Measures
Trackers, sensors & monitors help identify problems such as open fire doors or equipment failure and alert you to the presence of people & potential risks.
Download our IoT Accelerator Guide
Your fast-start pathway to establish how IoT could work within your business to assist your ESG strategy.