How EHS and ESG Maturity Boosts Compliance, Reputation and Talent
November 3, 2022
The vast majority of environmental, health and safety (EHS) and environmental, social and governance (ESG) professionals believe that a higher level of EHS and ESG maturity in their organizations can drive new business, attract the best workers, and overcome regulatory compliance hurdles, according to findings released today from Intelex Technologies’ “Big Ambitions. Complex Data. Limited Visibility.” report.
Intelex, a leading global provider of cloud-based environmental, health and safety (EHS) management software, commissioned an independent market research firm to survey more than 450 EHS and ESG professionals across industries in both the United States and Canada on critical factors impacting their businesses. The survey, conducted in June 2022, showed that both health and safety and environmental oversight and compliance remain key concerns for today’s professionals.
Key findings from the “Big Ambitions. Complex Data. Limited Visibility.” report include:
- 78 percent believe that keeping up with compliance regulations is quickly becoming the biggest challenge that their organization faces.
- 86 percent of those surveyed admit that their organization must improve health and safety performance or they will lose skilled workers to companies that have a better health and safety culture.
- 82 percent believe that if their organization does not improve their ESG performance, it will negatively impact their organization’s brand and reputation in the market.
- Nearly all (97 percent) of those surveyed reported data- and compliance-related challenges when it comes to ESG, including measuring performance improvement metrics and ROI; insufficient data collection, calculation and reporting; and regulatory compliance.
- 90 percent of respondents have experienced at least one EHS incident (environmental release, worker injury or illness, property damage, vehicle incident, fire and/or near miss) in the past year.
“The results of our research demonstrate that EHS and ESG are critical priorities for every organization, not only for regulatory compliance and worker safety, but also for brand reputation, competitive differentiation and recruiting,” said Melissa Hammerle, President of Intelex Technologies.
“The reality that EHS and ESG are data-intensive business imperatives is both an opportunity and a challenge for businesses across sectors,” added Hammerle. “While there is a rich supply of data to work with, such huge amounts of data can be difficult to manage, even for sophisticated organizations. This is particularly true if those organizations utilize multiple technologies, have siloed information, or do not provide their teams with access to the same applications. It is clear that investing in EHS and ESG training and tools remains a key objective for businesses looking to ease reporting compliance, manage complex data and drive growth.”
EHS and ESG are Critical for Business Success
As the research reveals, EHS and ESG oversight is no longer just about compliance; it’s about creating a competitive advantage. Companies that invest in improving their EHS and ESG maturity are better positioned to attract top talent, maintain their reputation and meet increasing regulatory demands. With data management challenges on the rise, having the right tools and strategies in place is crucial for long-term success.
To see how your organization measures up and where you can improve, download the full Intelex report, “Big Ambitions. Complex Data. Limited Visibility,” and take the next step toward driving growth through EHS and ESG excellence.