How ESG Management Builds Resilient Organizations

While many organizations view ESG and ESG management as simply another reporting obligation, ESG principles and frameworks provide better understanding of people, processes and tools. 

Organizations need to do more than know their product lines, research their customers and balance the books. They also need to understand the threats and opportunities that are part of the world in which they operate. Understanding the nature of risk might not be the most exciting part of running an organization, but it’s the one that will help to ensure you have an organization to work at in the years to come. 

The last few years have completely upended our ideas of what is required to build a resilient organization. In 2019, no one was thinking about how to react to a pandemic that would shut down the entire world, a supply chain that threatens to crumble under the weight of constant disruption, the … Read more...

How ESG Technology Supports Innovation 

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...

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

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...

The Future of ESG Readiness: How To Use Technology for Strategy and Goal Setting Beyond Compliance 

The recent SEC proposal for climate-related disclosures proves that not only is ESG here to stay, but that regulatory disclosures are going to become a lot more complex and strategic.

Not long ago, the way businesses interacted with the market was based on simple supply and demand: businesses offered goods and services, customers bought them and the system worked more-or-less as designed. Considerations of environmental impact, social justice and principled governance were important, but because they weren’t standardized or enforced according to any universal benchmarks, they often existed in the more erudite realm of ethics or Corporate Social Responsibility (CSR), and environment, society and corporate (ESG) compliance seemed far away from reality.

Jump ahead a few years to the present day and you’ll see that considerations regarding ESG have changed, and so have the ways we think about risk, stakeholder engagement and materiality. ESG has given consumers and investors the … Read more...

How AI Helps Connect ESG With Your EHS Systems

As public awareness rises around such issues as the environment, human rights and ethical corporate governance, companies are increasingly looking to communicate their progress on these fronts to investors, prospective customers, regulators and the general public.

Collectively known as Environmental, Social and Governance (ESG), these non-financial factors have become a key focus of reporting for organizations, which realize that it is no longer simply about the bottom line. Investment decisions are increasingly based on how much an organization is doing to create a safe, sustainable and just world. What’s more, regulatory bodies are now requiring such reporting by law.

As such, getting their reporting right on ESG is crucial for companies that want to win new business and satisfy today’s socially conscious investors.

Enter Artificial Intelligence

A key component of a firm’s overall ESG performance is their record on Environmental, Health and Safety (EHS) achievements. Are they doing enough to … Read more...

Insights from NAEM Part III: Technology, Empathy and Diversity

Highlights from the NAEM conference on EHS and sustainability featured expert knowledge on machine learning, change management and workplace diversity, all of which will be important themes in the post-pandemic world.

The EHS & Sustainability Management Forum from the National Association of EHS&S Management (NAEM) demonstrated the importance of balancing cutting-edge technology innovation with human empathy, dignity and inclusion, which will become an increasingly important theme in 2022. Here is a summary of some select sessions:

The Human Side of EHS&S

While conversations about data and digital transformation dominate the marketplace, it’s easy to neglect the needs of the humans who make up the workforce in EHS&S. The morning roundtable discussion on the human side of EHS&S explored how technology and change management need to operate hand-in-hand for organizations to find success.

The role of digital technology as both a tool and a goal was an important theme. … Read more...

The ‘Great Resignation’ Part Two: Is Career Transparency the Key to Engaging and Retaining Employees?

Is career transparency the key to retaining great employees? Many experts say it plays a huge role.
Is career transparency the key to retaining great employees? Many experts say it plays a huge role.

Jessica Stillman, recently writing for Inc., pointed to a new survey by Lattice that reveals an unexpected solution to the talent drain so many organizations are experiencing.

“What is this miracle intervention?” she asks. “Nothing fancier than career transparency, or a clear sense among employees of how they can grow in their jobs and how the company will support their efforts to reach their goals.”

Better yet, supporting employees on their career paths costs little or no money (at least at first) and retains employees who likely want to be there; they are just restless and looking for new opportunities. So why not offer them opportunities—or the path to new opportunities—at your organization?

According to the U.S. Department of Labor, from April through June 2021, a total of 11.5 million workers quit Read more...

How Can You Use Case Management to Support Employee Wellness Programs and Improve Workplace Health and Safety?

Case management software helps you track and trend workplace injuries and work restrictions, record medical visits and comply with regulations.
Around 80% of American employers offer health and wellness programs. They include employee assistance programs (EAPs), regular health screening and health improvement planning as well as general health and wellness promotion.

Most of us have heard the riddle, “What came first, the chicken or the egg?” In the workplace, there is a similar conundrum: Does workplace stress cause poor health and negatively impact wellness, or does poor health lead to increased workplace stress? The answer to this riddle is likely, “Porque no los dos.” It is probable that workplace stress is both cause-and-effect-related to worker health and wellness. This sets up a dangerous, positive feedback loop that results in a host of negative effects. 

We know that poor employee health costs companies billions of dollars a year, but what about their wellness? “Wellness” is the less tangible, more pernicious health factors such as mental health, … Read more...

Intelex’s VP of Environment & Sustainability Michael Tuohy Honored as a Sustainability Hero

environment and sustainability

2021 Sustainability Award Winners Announced by the Business Intelligence Group

Today, the Business Intelligence Group announced the winners in the 2021 Sustainability Awards program. Michael Tuohy, VP of Environment and Sustainability, was named a Sustainability Hero of the Year.

The Sustainability Awards honor those who have made sustainability an integral part of their business practice. “We are so proud to reward and recognize all of our winners and finalists, as they provide the leadership and vision needed to protect our environment,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. 

Organizations of all sizes submitted nominations to reward team members and gain exposure for the organization, its initiatives and the exemplary accomplishments of its leaders as they work to reduce their impact on our environment. 

“Intelex is a company that not only says it values ESG, but truly believes in the importance of it and takes actions that genuinely help … Read more...

Permit to Work Boosts Safety by Design Strategies

Permit to work is a formal process that identifies, communicates and mitigates risk.
Permit to work is a formal process that identifies, communicates and mitigates risk for workers completing non-routine tasks in potentially hazardous work areas.

As companies pursue more proactive and preventive safety strategies such as Safety by Design, they are looking for new processes and methods such as Permit to Work software, to help make it happen.

Keeping workers healthy, happy and safe should be a strong governance focus within every company’s ESG strategy. In 2019, over 27% of the 5,333 worker fatalities in the U.S. were due to workplace hazards such as getting struck or caught in objects or equipment (14%), exposure to harmful substances or environments (12%) or injury from fire and explosion (2%). And for every hazard-related worker fatality, there were 20 to 60 times as many non-fatal incidents that created costly and disruptive downtime and absences from work. So, despite an increased emphasis on improving worker … Read more...