Tag Archives: ESG

7 Organizations Focused on Improving Safety Culture 

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Over the past year, we’ve had the chance to listen to some of our customers, celebrate their successes and learn about their thoughts on the future of health and safety in the workplace. This article is a roundup of what we’ve learned from working on customer case studies throughout 2023. We’ll look at their achievements in reducing workplace accidents and how EHS management system software from Intelex has helped them work towards their safety goals.

Customer Needs and Safety Achievements in 2023

Reducing manual workflows and using data to get deeper insight into the organization top the list of most significant customer needs in 2023. Many organizations used manual processes and spreadsheets for incident reporting and had poor communication between frontline workers and … Read more...

CSRD and SEC Reporting Requirements: What’s New for 2024 and Beyond

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ESG reporting requirements are becoming a critical component of corporate strategy for organizations around the world, particularly in the United States and the European Union. With the Corporate Sustainability Reporting Directive (CSRD) about to come into force in the EU and new rules from the Securities and Exchange Commission arriving soon, ESG reporting has quickly moved from a voluntary activity designed to enhance the brand to a vital requirement for compliance. 

This article will look at the background of the ESG reporting requirements from CSRD and the SEC, the obligations different organizations will have to each and how the world of ESG risk is rapidly changing.

CSRD (Corporate Sustainability Reporting Directive)

SEC (Securities and Exchange Commission) Climate-Related Disclosure Rules

CSRD (Corporate Sustainability Reporting Directive)

What is the CSRD?

The Corporate Sustainability Reporting Directive (CSRD) is a European Union directive that sets out rules for organizations to report ESG and sustainability … Read more...

Understanding ESG Materiality: From Definition to Implementation

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Materiality is an important concept in ESG. However, many organizations struggle to understand what it means, how it relates to their business and how to act on it. This article will look at what materiality is and what you need to do to incorporate it into your ESG Strategy.

graphic of three people standing in front of windmills, buildings and the world.

Highlights

What is ESG Materiality?
What Are the Different Types of Materiality?
What Are the Common Material Topics in Different Industries?
Is Materiality the Same in Different Industries?
Are Materiality Assessments Mandatory?
How Does a Materiality Assessment Benefit Decision Making?
How Do I Conduct a Materiality Assessment?
How Can Technology Help with Materiality?
Conclusion

What is ESG Materiality? 

In the last few years, ESG has moved from a nice-to-have element of CSR (Corporate Social Responsibility) programs to a critical component of corporate strategy. With mandatory requirements from the SEC (Securities and Exchange Commission) in the United States and CSRD (Corporate … Read more...

Intelex EMEA User Conference – Day 1 Summary 

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Big ideas, engaging discussions and deep customer insights: that was the agenda for the first day of the Intelex EMEA User Conference in London. With a packed house of customers and partners, we dug into the big topics like safety culture, the increasing demands of ESG compliance and the role of cutting-edge technology in making the world a safer and more sustainable place. Here are three important themes that came out of Day 1.

Intelex President Melissa Hammerle kicked out the EMEA User Conference with an inspiring welcome message about our vision to make the world a safer and more sustainable place.
Intelex President Melissa Hammerle kicked out the EMEA User Conference with an inspiring welcome message about our vision to make the world a safer and more sustainable place. 

We all love big data, but it’s not easy

Data might be the most commonly used word in the world today, or maybe it just seems that way. Everyone is talking about the power of data to identify trends, produce leading indicators or reveal hidden insights. Data can … Read more...

ESG Reporting and EHS Management at Day 2 of the Intelex User Conference 

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Day Two of the Intelex User Conference in Nashville on Nov. 4 continued the discussions about the current state of EHS management, the growing role of ESG reporting and how best to support the frontline worker.

With experts from various industries in every breakout session, the discussions were rich with insights into how Intelex and its partners can continue to foster the innovation customers need to keep workers safe on the job and create a sustainable future for everyone. 

Managing an OSHA Inspection

When an incident happens in the workplace, an OSHA inspection frequently follows. 60 percent of inspections take place in construction, manufacturing, retail and health care, while almost 40 percent of all OSHA inspections are at organizations with fewer than nine employees.  

While your organization and OSHA both have the goal of keeping workers safe and ensuring the continuous improvement of the safety management system, it’s important to … Read more...

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

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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...

Permit to Work Boosts Safety by Design Strategies

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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...

Safety by Design Demonstrates Good Governance

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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...

How AI is Helping Organizations Meet ESG Expectations

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Using AI, subject matter experts who need to understand ESG requirements can synthesize vast quantities of data that would take weeks or even months for human readers to wade through.

Today’s organizations are part of a dynamic marketplace undergoing seemingly constant disruption. While some of these disruptions, such as the COVID-19 pandemic, will produce times of crises, others will be the catalyst to monumental positive change.

Over the last few years, organizations have started to look beyond profit as the primary motivation for doing business to the possibility of having a positive impact on society and the environment. To this end, ESG (environmental, social and corporate governance) has become the foundation upon which many organizations and their customers see strategic decisions regarding investment and innovation being made.

However, ESG comes with a number of complex obstacles for implementation. This is where ehsAI’s artificial intelligence and deep learning solutions can make … Read more...