Tag Archives: ESG management software

New Research Shows EHS, ESG Compliance and Reporting Key Differentiators for Today’s Businesses

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Research from Intelex Technologies shows that EHS and ESG oversight and reporting are critical for helping companies attract workers, preserve their reputation and meet regulatory requirements.

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.… Read more...

ESG Reporting is a Critical Skillset for your EHS Teams 

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ESG reporting is gaining more attention from regulators and standards bodies. Once voluntary, there is an influx of mandatory regulations across many countries.
ESG reporting is gaining much more attention from regulators and standards bodies. Once mainly voluntary, now there is an influx of mandatory regulations across many countries.

Commitment to ESG issues is high across organizations. It is driven by various internal drivers such as the desire to create a positive impact for the planet and society, avoid negative publicity, attract customers and better talent, etc. ESG reporting acts as a tool to provide evidence of a company’s activities and performance on the issues it has committed to work on.  

ESG reporting has become more sophisticated and formal than it was a few years ago. The reporting landscape is evolving rapidly. While it once consisted primarily of voluntary and intent-driven disclosures, there has been a recent influx of mandatory disclosure requirements to increase transparency of ESG data for better decision making. 

ESG Reporting: From Early Days to Today 

Looking back at the … Read more...

How ESG Management Is Changing the Role of EHS Practitioners

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EHS responsibilities are growing to include ESG, which means your EHS professionals need ESG training now. 

Countries around the world have been backing up their sustainability commitments by establishing policies and regulations surrounding ESG disclosure requirements. New Zealand was the first out of the gate to do so, but many countries have since followed suit, and now tales of enforcement are starting to garner headlines.  

This past May, the United States Securities and Exchange Commission (SEC) initiated its first ESG-related enforcement action against a public mining company related to misstating and omitting information about ESG investment considerations. At the basis of the allegations is that the company manipulated dam safety audits and documents in their ESG disclosure reporting, which ultimately misled stakeholders, including local governments, communities and investors, about the safety of the dam. The SEC also communicated that it would continue to investigate greenwashing and issue fines as … Read more...

It’s Not All Bad News: How ESG Management Is Meeting the Challenge of Climate Change

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Why Your ESG Management Program is a Good-News Story
Many organizations are innovating to become more sustainable. From leading brands to small businesses, everyone can make a contribution to building a better world.

In the fight against climate change, the news reports can be dire reading. This summer alone, an unprecedented heat wave in China is impacting the global supply chain, creating hydropower shortages and providing conditions for devastating fires. The American south is grappling with weather that shifts radically between drought and severe flooding. In the UK and Europe, a brutal heatwave has killed hundreds and caused significant property damage as a result of rural fires. 

It would be easy to say that this is simply fearmongering by the media, but regular reports from climate science support the thesis that man-made climate change is having a significant impact on severe weather events. No matter where we look, the news about climate change seems all bad. 

However, the truth … Read more...

Learn How Leading Brand Estée Lauder Succeeds with ESG Management

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The world of ESG can be intimidating when it comes to regulations, reporting and executive support. How does leading brand Estée Lauder achieve ESG management success?

The Environment and Energy Leader Solutions Summit took place online on July 19, 20 and 21, 2022. Leaders from many different industries came together for a series of candid conversations on the importance of ESG in creating a sustainable future and the challenges that come with meeting increasingly complex reporting requirements around the world. There were discussions about the ESG regulatory environment, ESG management software, the importance of data for ESG reporting and many other topics that are at the forefront of today’s strategic business discussions.  

The opening keynote session featured Aleksandra Dobkowski-Joy, VP of ESG at The Estée Lauder Companies. The conversation began with a look at how organizations are managing the rapid advance of ESG as a critical strategic priority over the … Read more...

How ESG Technology Supports Innovation 

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Much of the ground-breaking innovation in ESG technology is taking place in the energy sector.

From a certain perspective, the global market appears grim. Take, for example, the following: 

  • Experts predict that while supply chain pressures will ease by 2023, the recovery won’t reach pre-pandemic levels any time soon. 
  • Climate scientists believe that Earth’s climate could develop into a chaotic system that experiences rapid fluctuations of severe weather. 
  • By 2050, 87 percent of Americans will live in cities, which will put significant strain on infrastructure and resource consumption.  

Our perspective of risk has been radically altered by events like the COVID-19 pandemic and the rapidly escalating threats caused by the climate crisis. At one time, we though of risk as something we could anticipate and manage. Today, however, we know that not only can cataclysmic disruption occur overnight, but threats from climate change can extend decades into the future and … Read more...

Managing Carbon Emissions Data in Five Steps

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Before organizations can think about reporting, however, they need to think about data. Accessing and analyzing data is the key to an effective approach to ESG.
Before organizations can think about reporting, however, they need to think about data. Accessing and analyzing data is the key to an effective approach to ESG.

For years, industries such as oil and gas have used emissions monitoring systems to measure emissions for carbon and methane to report to the Environmental Protection Agency (EPA). However, in the last few years, environment, social and governance (ESG) frameworks that consider the material impact of emissions on both organizations and community stakeholders have moved beyond emissions-heavy industries to include all organizations that touch the supply chain. Proposed rule changes from the Securities and Exchange Commission (SEC) will mean that many organizations will soon be responsible for reporting Scope 1 (emissions resulting from direct operations), Scope 2 (emissions created indirectly as a result of purchased energy) and Scope 3 emissions (emissions further down the supply chain, such as those generated by suppliers or from … Read more...

Intelex Research Reveals the Current State of ESG Adoption and Progress in Europe

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Investing in companies that have embraced environmental, social and governance (ESG) standards is booming. Research shows the number of global ESG funds grew to 5,932 as of December 2021, up from 4,153 at the end of 2020 and represents investments valued at more than $2.7 trillion. 

Today’s socially conscious and forward-thinking organizations might want to catch this fast-moving ESG train, and would be wise to explore how environment, health and safety (EHS) and ESG can together drive better business results.   

It’s timely then that the current state of EHS and ESG adoption across Europe should be assessed to better understand how European businesses are progressing. Intelex’s European team undertook a survey of more than 700 EHS and ESG professionals from 10 European countries with respondents representing a wide range of industries – from energy and industrial manufacturing to construction and chemicals. The intent of the research was to better understand how … Read more...

EHS Management Software Company Intelex Is Turning 30! So What’s the Big Deal?

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For 30 years, Intelex has empowered our customers to eliminate workplace deaths, reduce climate impact and create sustainable business. Join us as we continue our mission and usher in the future of EHS.

There are companies out there that have been operating for 100+ years, 200+ years, even longer, so what’s the big deal about a company that sells EHS management software, ESG management software, quality management software and risk management software turning 30?

I’ll tell you, and it’s two things: The pairing of EHS management, ESG management, quality management and risk management with the word “software,” and the fact that we are in it for the long haul and are even more excited about our future than we are about our storied past.

Think back 30-40 years. There weren’t any software companies serving the practice of EHSQ. There weren’t ISO management standards. People weren’t really talking about safety culture … Read more...

To Reap AI’s Rewards, Employers Must Know its Dangers

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The very real dangers surrounding artificial intelligence in human resources environments should not deter companies that are looking to bring the burgeoning technology into their organizations. They just need to fully vet vendors.
The very real dangers surrounding artificial intelligence in human resources environments should not deter companies that are looking to bring the burgeoning technology into their organizations. They just need to fully vet vendors.

Employers that implement artificial intelligence technology for human resources purposes and expect it to run effectively on its own will be setting themselves up for more problems than they had hoped to solve.

This was a key message that U.S. Equal Employment Opportunity Commission (EEOC) head Keith Sonderling delivered during a recent webinar, “Artificial Intelligence in the Workforce.” The EEOC is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person’s race, color, religion, sex (including pregnancy, transgender status, and sexual orientation), national origin, age (40 or older), disability, or genetic information.

The webinar, hosted by law firm Conn Maciel Carey, delved into … Read more...