The world of business is constantly evolving, and in recent years, there has been a shift toward sustainability and responsible investing. Companies are recognizing that their operations have an impact on the environment, society, and governance, and are taking steps to ensure that they are conducting their business in a more sustainable manner. As a result, more and more companies are turning to ESG metrics to measure their sustainability performance, identify risks, and make better decisions. But with so many metrics out there, are you tracking the right ones? […]
ESG Management
ESG Materiality and Double Materiality: What They are and How to Assess
In sustainable investing, Environmental, Social, and Governance (ESG) considerations have gained significant momentum in recent years. Companies and investors alike are recognizing the importance of assessing and addressing ESG factors in their decision-making. Materiality and double materiality are key concepts within this realm of ESG investing. […]
What are Scope 1, 2, and 3 Emissions?
Scope 1, 2, and 3 emissions are the three categories of greenhouse gas emissions that are commonly reported by businesses. These categories of carbon emissions, which were established by the World Resources Institute’s Greenhouse Gas Protocol (GHG Protocol), are used to help organizations track and manage their greenhouse gas emissions in a consistent and transparent manner. […]
4 Tips for Reaching Your ESG Goals in 2023
Environmental, social, and governance (ESG) issues have become increasingly important in recent years, with a growing number of stakeholders, including investors and consumers, calling for companies to prioritize sustainability and social responsibility in their business practices. In response to this demand, many businesses have begun to incorporate ESG initiatives into their operations, including setting ESG goals as part of their overall business strategy. […]
5 Challenges When Switching From Paper-based Inspections to Digital Inspections
Table of contents If you are a business that relies on paper-based inspections, you are likely familiar with the challenges that come with this type of system. Paper-based inspections can be cumbersome and inefficient, from time-consuming data entry to the difficulty of tracking and storing inspection data. Fortunately, there is a better way. Digital inspections […]
ISO 14001: Environmental Management System Standard
The ISO 14001 standards ensure a business’s scope of the environmental management system meets the ISO requirements for environmental management systems. […]
Managing Human Rights and Environmental Impacts in Supply Chains: The Proposed EC Directive on Corporate Sustainability Due Diligence and What it Means for Businesses with Global Supply Chains
What is the EC Draft Directive on Corporate Sustainability Due Diligence? Proposed by the European Commission in February 2022, the EC Directive on Corporate Sustainability Due Diligence aims to force global brands to play a key role in building a “just and sustainable economy” through their compliance with rules that enforce the “respect of human […]
What is an ISO Audit — and Why Does Your Business Need One?
The International Organization for Standardization (ISO) is an independent, non-governmental international organization and certification body with more than 167 members. The goal of the ISO is to create voluntary international standards that help companies evaluate and improve current processes. ISO has been creating and evolving standards for more than 70 years, helping companies stay up-to-date […]
4 Ways to enhance your ESG risk assessment
Environmental, social and governance (ESG) investing has skyrocketed in recent years. In a 2020 survey, 81% of businesses claimed to have a formal ESG program in place. With the addition of ESG factors in overall business strategy, decision-making has become more complex. Ultimately, risks are magnified with the inclusion of ESG. An ESG risk assessment […]
Audit Types Explained: What You Need to Know About First, Second, and Third-Party Audits
Auditing is a process of verifying and evaluating a business’s compliance, quality, and performance. However, there are different types of audits that serve different purposes and have different requirements. In this blog post, you will learn what first-party, second-party, and third-party audits are, how they differ, and why they are important for your business […]
GRI Standards Collection and Reporting — What it is and Why it Matters
Environmental, social, and governance (ESG) efforts have gone mainstream. According to a recent PWC report, almost 80 percent of investors surveyed said that ESG was “an important factor in their decision-making”. Additionally, 50 percent said they would be willing to divest from companies that didn’t effectively implement ESG policies. Despite this increasing commitment to ESG, […]
ESG Score: What It Is And Why It Matters
Environmental, social, and governance (ESG) frameworks are a priority for organizations. According to the 2022 EY US CEO survey, 82 percent of chief executives see ESG “as a value driver to their business over the next few years,” as both stakeholders and customers look for evidence that companies are doing their part to reduce negative environmental […]
ESG Investing: Benefits and Implications for Businesses
Sustainable businesses are now driving investment. As noted by Bloomberg, assets under management (AUM) tied to companies with superior environmental, social and governance (ESG) practices in place are on track to reach $53 trillion by 2025, which represents one-third of AUM worldwide. But what exactly are ESG and ESG Investing? Why does it matter to […]
What is ESG and Why it’s Important
What is Environment, Social, Governance – ESG? Environment, social, governance (ESG) is the measurement of the impact (both positive and negative) that a business has on the environment and on society including an assessment of the governance practices (or lack thereof) that impact all stakeholders – including shareholders. Investing (by individuals, asset managers, pension fund […]
Certainty’s Audit & Inspection Software Solution Named As One of the 10 Best EHS Management Software Tools in 2021!
Super excited that @Softwareworld named Certainty Software as one of the Best EHS Management Software Tools in 2021! EHS Software Certainty Software’s Employee Health and Safety Inspection Software (EH&S Inspection Software) offers the tools necessary to audit, manage, and report on real-time inspection data that will help to control or eliminate future preventive safety issues. This […]
