Let Environ Help You With Your Energy Reporting Needs 

ESG reporting is a hallmark of the investment world, providing a framework by which potential investors can gauge a business’ inherent risks. ESG reports show the environmental, social and governance factors that may affect a company’s performance. These risks could range from the inability to attract workers to environmental impacts, which may draw ire from customers. 

At Environ, as part of our energy management solutions, we help companies compile their ESG reports. We primarily assist with the environmental component of these reports–gauging the impacts of your company’s energy usage. In areas like New York City, we also touch on some of the governance aspects as we detail your company’s compliance with local carbon laws. 

Below we offer a quick overview of what ESG reports typically include, challenges U.S. companies face due to competing ESG standards, and how Environ can help!

SEE MORE: Energy Management KPIs Your Business Needs to Keep Track Of 

What a Typical ESG Report Entails 

The primary goal of an ESG report is to show potential investors any non-financial risks related to your company. As investors look beyond financials to how a company behaves at a societal and natural level, ESG reports are becoming a vital part of the decision-making process. 

So what kind of information is usually included in the reports? Below is what you can expect to see in each of the pillars: 

• Environmental
  • Carbon Emissions 
  • Water efficiency
  • Energy Efficiency 
  • Environmental Management 
  • Land Use 
• Social
  • Health and Safety
  • Wage Equality 
  • Human Rights 
  • Customer Responsibility 
  • Child Labor 
  • Equal Access 
• Governance 
  • Diversity
  • Shareholder Rights 
  • Corruption
  • Anti-Competitive Practices

Addressing Competing ESG Standards 

The primary problem with ESG reporting is that there are no widely used standards, so it’s hard for investors or companies to understand what a “good” ESG score is. Without set standards, companies can easily manipulate the numbers to look good (oil companies, for example, can boost governmental and social scores to hide poor environmental practices). 

To address this issue, the SEC has proposed new rules to set clear ESG guidelines that will create a more uniform view of ESG scores and help define good and bad investments. Our team is closely monitoring this development to ensure that our energy management solutions remain in line with any future SEC guidelines.

Environ’s Energy Reporting Services 

The environmental pillar is by far the most complex portion of ESG reports. That’s why we help companies manage these reports. We work with many groups who want to improve their ESG scores before meeting with potential stakeholders. We begin with a GHG inventory of their carbon emissions to analyze where they stand, help them achieve compliance, track improvements, and communicate this with their respective stakeholders. 

As we mentioned, beyond the environmental pillar, we can help the governance score through our compliance services that guide companies on how to meet the demands of state laws like NYC’s LL 97 and Boston’s BERDO. We’ll develop building plans to achieve compliance and review and submit data to state agencies on our clients’ behalf.

Let Environ help you navigate some of the trickiest parts of ESG reporting. Our energy management solutions help you track your progress and remain compliant with local codes to increase your company’s value to potential stakeholders. To schedule a one-on-one consultation with our team, give us a call or fill out our contact form.