Utilizing data to create a sustainability roadmap for your company
There’s no question that sustainability is important to consumers and investors. Consumer trends in 2020 revealed that sustainability is a key consideration for a variety of consumer segments when making their purchase decisions. The sustainable brand practices that consumers value most include waste reduction, reducing carbon footprint, and providing sustainable packaging. Meanwhile, 85% of investors considered ESG factors in their investments in 2020.
Applying ESG principles may better align investors with broader objectives alongside specific material aspects, thereby creating value for companies and investors.
Beyond the Carbon Footprint: Biodiversity is the (Near) Future of ESG
Greenhouse gas (GHG) emissions, and the reduction thereof, have become the poster child of corporate ESG programs. For years, companies have been tracking, reducing, and reporting their energy and
emissions stats. Managing Scope 1 and 2 emissions remains a common and impactful place for
companies to begin their sustainability journey. However, the tides are shifting as other environmental and social considerations begin to enter the spotlight.
Environmental, social, and governance (ESG) is no longer just something that is nice to participate in –it’s quickly becoming one of the top ways for organizations to stay relevant and gain public trust.
We are entering a new era of ESG data. Historic market failures regarding our negative environmental and social impacts, and the resulting climate change, nature loss, and social inequality, are starting to be corrected with structural changes to the market.
The future of ESG will need to utilize the driving force of financial institutions to mitigate the unequivocal level of capital at risk stemming from these twin emergencies. The return for this action will be progress towards the sustained use of the largest common resource, the natural environment. If businesses continue to treat it like ‘share & tear’ bread, it will similarly disappear too quickly.
As host of the 2021 GRESB Infrastructure Results events, Quinn & Partners asked six longstanding investor, corporate, and consultant representatives, to provide their top insights into GRESB.
Currently, ESG reporting is not mandatory in all countries, however, companies are still choosing to disclose voluntarily and making this practice business as usual. Read more about how to navigate ESG reporting in the real estate industry in this insightful article written by Carbon Intelligence.
Four members of GRESB’s infrastructure team attended the summit, lending their insights and expertise across a range of panels as moderators and speakers. In case you weren’t able to attend or just want a quick recap, we’ve compiled their impressions below.