ESG & IoT Create Smarter Businesses

The rapid growth in capabilities of new technologies such as AR/VR, drones, robotics and the internet of things is accelerating the pursuance and performance of ESG.

There’s no doubt about it; businesses are becoming smarter. They are ramping up their environmental, social and governance (ESG) strategies to score a win-win. They are increasing business profitability while boosting sustainability performance, building a strong social contract and embracing more progressive governance.

In a recent blog post we examined some global trends that are driving companies to focus on ESG, but we didn’t discuss the tools, techniques and technology that are helping to make it happen. This blog will discuss some of those tools and technology.

Over the next decade, technology will make it easier for companies to reduce their energy needs and carbon footprint. Renewable energy generation is skyrocketing, companies are investing in smart buildings and factories to reduce energy consumption … Read more...

What Factors Are Accelerating the Rise of the Sustainable Business?

The business world is always changing, and the most successful companies are those that foresee, understand and get out ahead of these changes to retain or expand their competitive edge.

The decade ahead could see a reprise of last century’s “Roaring 20s,” with all its rapid economic growth, inflation and employment gains as the world climbs out from the lingering effects of the COVID-19 pandemic. As the economy heats up, businesses will be looking for ways to take advantage of the growth while mitigating risk and downside. One promising approach is to increase efforts around environment, social and governance (ESG) strategies. Refocusing will help them deal with the trends that are changing global markets.

Government Regulations and Policies

Governments’ environmental policy varies from country to country. This is due in part to the varied priorities and strategies for addressing climate change, varied stages of economic development and even administration changes … Read more...

How Is Renewable Energy Accelerating the Rise of Sustainable Business?

Companies that invest in renewable energy save money, delight their customers, and please investors while avoiding fines and/or carbon taxes. Renewable energy helps build a sustainable business, which in turn helps your company reach its ESG goals.

Renewable energy is flourishing around the world. Countries and businesses are aggressively expanding wind, solar, and hydroelectric generation capacity to reduce carbon output, please customers, and lower costs.

Many businesses around the globe are working to become “greener” as part of their focus on Environment, Social and Governance (ESG) strategies. They are driven by the threat of global climate change, changing customer preferences, and the goal of improving their triple bottom line (profits, people, and planet).

There is a lot more to creating a sustainable business than reducing your organization’s energy consumption and carbon footprint, but it’s a great place to start. Unfortunately, depending on where your business operates, decarbonizing your energy consumption … Read more...