Environmental, social, and governance (or ESG) goals have been a hot topic for a while now. The urgency of addressing climate change and social progress is becoming more prevalent, so companies are starting to make more effort in this area. ESG has taken on a new tone, and companies also feel the pressure to be transparent with their actions.
In case you didn’t know, ESG stands for: Environmental Social Governance. This is used to describe the ways in which you can make sure your company is making the best decisions for itself and the environment. ESG helps business leaders identify risks and opportunities to maximize profitability in a sustainable way, including for future generations.
One of the easiest and most cost-effective ways for companies to adopt sustainability and an ESG strategy is by monitoring air quality and energy usage in a building. As building owners and managers move towards sustainability and focus on ESG, more people are investing in advanced indoor air purification technologies, which allows them to maintain better health, well being, and achieve green building certifications.
Five tips to keep in mind when coming up with your ESG plan:
- You need to come up with a game plan. What is ESG to you?
- What metrics are important to you? Which ones do you have control over and want to make a change? Come up with a few metrics to stick to.
- How are you going to report your ESG and track your impact? This will become important as countries begin to require ESG reports.
- Be flexible with the strategy you have in place. Things come up, there might be a better opportunity developing. Keep an open mind for what can help you on your ESG path.
- Nothing can happen in a day. This is something we will be continuing to grow with and make changes that lead to great impact.