ESG for Insurance Companies

The foundation of the insurance industry relies on identifying, understanding and managing risks. Using Verdafero InSights’ patented software technology, we can accurately and efficiently monitor and report on critical infrastructure for manufacturing and production facilities, as well as third party service providers. These reports can be used to create an ESG profile that identifies risks for insurance coverage purposes.

Total Cost of Ownership (TCO)

Help measure and verify total cost of ownership metrics across your manufacturing or production facilities. Through Verdafero InSights’ patented software technology, using multi variable analysis, manufacturing and production facilities, as well as third party service providers, can accurately and efficiently monitor and report on TCO critical infrastructure.

Track plant efficiencies

Verdafero InSights not only can help manufacturing and production facilities monitor their energy yes across multiple production lines, buildings or facilities, with their multivariable analysis technology we can report production efficiencies as well as energy deficiencies. Having the ability to compare both functions within the same platform can help production personnel as well as 3rd party service providers pinpoint production inefficiencies for future projects.

Detect problems

Three continuous monitoring and verification system can quickly identify production problems as well as utility problems that may occur within the facility.

Avert catastrophic failure

With the ability to detect problems, not just in the utility use but also within the production setting, Verdafero InSights can help head off catastrophic failure within a user’s production facility thus reducing downtime and production.

ESG Reporting and Analytics – The Path Forward

The COVID-19 pandemic in conjunction with the proliferation of catastrophic climatic events have emphasized the critical nature of ESG challenges. Keeping the ESG promise demands leaders to think long-term and strategically about all aspects of their organization. While businesses know that a focus on ESG is vital for company resilience, many continue to struggle to establish a framework for integrating ESG issues into their operations. Failure to do so may be expensive, since there is mounting evidence that ESG performance is positively connected with an enterprise’s value, revenue, and cost of capital.

Download this white paper to learn about ESG Reporting and Analytics – The Path Forward.

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