Today’s corporations must communicate more than just financial health. It’s now imperative to look at the long-term impact of your operations on the environment, your employees, and your community. This means not only understanding your carbon footprint, but assessing future risks, engaging your leadership, and setting specific goals. For large, geographically dispersed companies, carbon management and sustainability reporting can be a daunting task. However, with the right foundational data and expertise, companies can prepare themselves for the evolving world of disclosure.
Sustainability reporting provides information to consumers, investors, and stakeholders that communicates a company’s sustainability activities, assessments of risks and future goals. By disclosing Environmental, Social and Governance (ESG) metrics publicly, organizations can demonstrate they have not only taken action, but have a clear vision of challenges they will face 10-15 years from now. Companies may choose to disclose to an industry standard framework such as GRI, CDP, GRESB, SASB, and DJSI or they may opt to publish their own sustainability report.
Reporting enables companies to be more transparent in their sustainability efforts, assess risks and commit to significant long-term action, all increasingly important factors to investors. In the process of preparing a public sustainability report, businesses conduct in-depth analyses of environmental, social and economic risks and develop strategies that differentiate and transform their organization. Companies that disclose these efforts have seen lower costs of capital, higher return on equity, and significant savings to the bottom line.
Once companies have gathered their data, there are a number of industry frameworks to respond to, including CDP, Global Resource Institute (GRI), GRESB, SASB and DGSI. Many companies also choose to release their own corporate responsibility reports to their stakeholders. To minimize the burden on companies, CDP has aligned their questionnaire with GRI and the Dow Jones Sustainability Index.
Sustainability reporting as a business imperative is accelerating, and transparency and accountability to stakeholders is critical. As one of only eight companies globally providing CDP-accredited carbon accounting software, ENGIE Insight is prepared to help you minimize the burden of reporting and stand out as a sustainability leader.
With a close examination of risks, stakeholder priorities, and competitive pressures we help you engage leadership and identify material business issues to lay the foundation of your carbon management strategy and sustainability reporting.
Our team of carbon experts helps you gather, track and analyze emissions across Scope 1, Scope 2, and Scope 3 sources. This centralized data, combined with expert insight, helps you understand key drivers of emissions, year over year changes, and key risks and opportunities.
Our team works as an extension of your organization to document and operationalize the management of critical emissions data to ensure your process is efficient and consistent year over year.
We help you understand the requirements of various reporting frameworks – such as CDP, Global Resource Institute (GRI), and GRESB – and respond where it makes sense for your business. Our carbon advisors provide end to end support from disclosure strategy to response guidance, and even narrative development.
Whether you aim to establish a goal or figure out how to achieve a pre-determined one, we will help you analyze your global emissions footprint to help you set achievable goals, develop a plan and track ongoing performance.
Our comprehensive solution leverages the ENGIE Insight Platform—built on the foundation of North America’s most accurate database of resource billing information—to house emissions data in a single centralized location, simplifying the carbon reporting process.
Contact us to learn more.
“Setting greenhouse gas targets in line with science sends a strong signal to peer companies that they need to shift their business strategies to embrace a low-carbon future. It’s not just good for the planet, but also good for consumers and the bottom line.”
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