The Deep End: Four Reasons Why You Shouldn’t Risk It When It Comes to Corporate Compliance

Everyone has a different risk tolerance. For example, I recently discovered that my risk tolerance for pool access is higher then previously thought.

It took three hours to get each kid ready for the pool. one hour of which was spent agonizing over an outfit. There were last minute diaper changes, food requests and preparatory complications. Once we finally made it to the pool, nature intervened, and one kid had to return home. In the meantime, it was closing time for the pool and rather than have her miss pool time, I decided I was going into the pool with her even though it was against pool rules.

The lifeguard confronted me, and I challenged him to fine me for that extra little bit of pool time. He admitted he had no authority to do that, but he said he could suspend me instead. In the end nothing happened, but … Read more...

Intelex Pulls Ahead, Receives EcoVadis Silver Sustainability Rating for its Commitment to ESG

Research has shown time and time again that companies with strong ESG performance can weather economic downturns better, are less likely to experience catastrophic incidents, attract better talent and deliver above-baseline ROIs.
Research has shown time and time again that companies with strong ESG performance can weather economic downturns better, are less likely to experience catastrophic incidents, attract better talent and deliver above-baseline ROI.

EcoVadis recently announced that Intelex Technologies, ULC scored in the top 17% of software companies assessed by EcoVadis for corporate social responsibility and sustainability. Intelex has made a commitment to the principles of environment, social and governance (ESG), including global sustainability, labour and human rights, ethics and sustainable procurement. Investors increasingly are applying these non-financial factors to their analysis process to identify material risks and growth opportunities.

“Holding ourselves accountable for continuous improvement in sustainability, corporate social responsibility, and ESG is a key priority for Intelex,” said Justin McElhattan, president of Intelex. “Our Silver Rating and improved performance in the most recent EcoVadis assessment demonstrates our commitment to be a trustworthy, responsible business that’s driving change in … Read more...

Biden’s FY 2022 EPA Budget: $11.2 Billion with Focus on Environmental Justice and Science

U.S. President Joe Biden’s FY 2022 budget request of $11.2 billion for the Environmental Protection Agency makes historic investments in environmental justice, science and support for the agency’s state and local programs, and reverses years of declining operating budgets

Submitted to Congress on May 28, 2021, the budget advances key EPA priorities, including tackling climate change, advancing environmental justice, protecting public health, improving infrastructure, creating jobs and supporting and rebuilding the EPA workforce.

“The FY 2022 President’s Budget proposes the investments needed to advance EPA’s mission across the board. The budget boosts support to our state, local and Tribal partners, increases support for national treasures like the Great Lakes and Chesapeake Bay, accelerates job-creating water infrastructure improvements, elevates environmental justice across the agency, increases support for science and importantly, makes sure all EPA offices have the operational budgets and workforces they need to deliver for the American people,” said EPA Administrator … Read more...

Catch Up on the News: What You Might Have Missed on the ILX.com Blog

The ILX.com blog features thought leadership, new product information, trending topics, regulatory updates and much more! Have you checked it out?

If not, you missed these interesting articles, but it’s not too late to read them!

Best Practices for Managing Risk in High Hazard Industries – Despite many improvements over the last century, serious injuries, work-related fatalities and property loss remain a significant global challenge in different high-hazard industries. Improved risk identification, control and management can reduce risks to employees, facilities and the surrounding area. Our latest Expert Connection session, Managing Risk in High Hazard Industries, is designed to examine the elements of risk management, particularly in high hazard industries, and the technologies being used to mitigate risk. Find out more!

Diversity, Inclusion and Belonging: Intelex Hosts its First Employee Resources Groups Summit – Last week, our Employee Resources Groups (ERG) hosted our first ERG Summit. Our ERGs worked hard to … Read more...

Safety by Design Demonstrates Good Governance

The objective of Safety by Design is to systematically identify, mitigate and eliminate as many workplace hazards as possible.

The objective of Safety by Design is to systematically identify, mitigate and eliminate as many workplace hazards as possible.

Workplace safety is a key piece of good corporate governance, especially considering recent global events. Smart companies are adopting a new approach, Safety by Design, a proactive and preventive method that makes good governance better.

Over the last few years, companies around the globe have increased their focus and investment into environment, social and governance strategies (ESG). They realize that ESG delivers improved financial performance and keeps workers, customers and investors happier. In the first post of our series on ESG trends, we discussed several factors that are accelerating the rise of sustainable business and how organizations can benefit. This article shows how and why workplace safety is a critical component of good corporate governance.

Good Governance Is Essential for Business Success

Governance describes a broad range of corporate … Read more...

Changing the World: ESG, Earth Day, Volunteers

Margaret Mead was an American cultural anthropologist, author and speaker. She earned her bachelor’s degree at Barnard College in New York City and her MA and PhD degrees from Columbia University. She published 21 books but was known more for the force of her personality than the accuracy of her conclusions. Here at Intelex, we promote the accuracy of data and encourage allowing the data to tell the story, Margaret Mead relied on observations, rather than data, to reach her conclusions.

While I strongly support the use of data to come to well-researched and well-founded conclusions, I have to admit that my favorite quote is one from Margaret: Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.

The power of those words and of that conclusion never fails to get me in all the feels. The only … Read more...

Earth Day 2021: Intelexians Making a Difference

At Intelex Technologies ULC, our employees believe they can make a difference. Here are some ways Intelexians are “Restoring our Earth.” 
 
Ian Dransutavicius Associate Project Manager, and Georgia Dransutavicius, Product Solution Consultant  
“Earth Day is important to our family because it reminds us that we are borrowing this planet from our children and all future generations. It is a chance for us to reflect on how we can make sustainable choices that benefit the earth in our everyday lives. We also celebrate the day as an opportunity to reconnect with nature and teach ourselves and family members how to be stewards of this planet. On Earth Day, we like to get outside for a hike, make a plant-based meal and look for ideas on how to live a more sustainable lifestyle.”
 
Saida Zenagui, Senior Consultant 
“Earth Day for me is about understanding how our choices can make an impact on Read more...

Earth Day 2021: Restore Our Earth

As the world returns to normal, EarthDay.org warns, “We can’t go back to business-as-usual.”

From April 20-22, join the world’s leaders in celebrating Earth Day 2021. By working together, we can prevent the coming disasters of climate change and environmental destruction. The theme of Earth Day 2021 is Restore Our Earth.

“At the heart of Earth Day’s 2021 theme, Restore Our Earth, is optimism, a critically needed sentiment in a world ravaged by both climate change and the pandemic,” said Kathleen Rogers, EARTHDAY.ORG president. “Restoring Our Earth is about solving climate change through the world’s natural systems, such as regenerative agriculture practices and reforestation, as well as through existing and safe technologies. Restoring our planet will also require the commitment of our world’s leaders to support climate literacy and civic skill building so that we can create a global engaged and active citizenry, a green consumer movement and an economy … 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...