With the concept of carbon tax and carbon credit, the concept of sustainability is now entrenched in business profitability, going beyond just being a CSR initiative. Sustainable practices in business affects public relations, stakeholder confidence, talent retention and profitability.
Implement your monitoring & reporting systems early to facilitate a smooth transition into the future of business conduct and governance.
We reference relevant sustainability standards, including the ISSB's IFRS S1 and S2 where applicable, when defining what to measure and report. The standards used depend on the organisation and its reporting requirements.
Our consultants combine sustainability expertise with IoT measurement and AI/ML tools to simplify data collection, monitoring, analysis and reporting. Consultants review the findings and advise on corrective actions.
Our work follows seven steps, from identifying what to monitor through reporting, carbon-credit quantification where applicable, and PR communications.
Review the organisation's operations to identify the activities, locations and metrics that should be monitored.
Determine the sustainability standards and reporting requirements relevant to the organisation, then use them to define the measurement approach.
Propose suitable IoT measurement tools and implement the agreed data collection setup for the identified metrics.
Monitor the collected data, analyse the results and advise on corrective actions. Review subsequent measurements to track the effect of those actions.
Prepare sustainability reports using the collected data and relevant reporting requirements, with consultant review of the findings.
Where applicable, quantify the carbon-credit potential indicated by the measured data and the relevant methodology. Quantification does not itself issue or certify carbon credits.
Translate reviewed sustainability findings into clear messages for relevant stakeholders and selected communications channels.
