Getting Started with ESG Reporting

The type of business you have, the products you sell, the market you’re in, and other relevant factors will help to determine which metrics you should track and report on.

Identifying issues that often occur in your industry is a good way to narrow down which areas you should focus your reporting on. Businesses with large warehouses might want to highlight their improved energy consumption after a shift to renewable energy; or larger tech corporations might showcase their carbon footprint offsets after moving to remote work. Each business’ metrics are different, but defining what you should track and setting up a standard for reporting is the best and logical first step!

Once you’ve defined the metrics you’d like to track, you need to establish a baseline to show where you’re currently at. What is your current consumption and what is considered ‘progress’ while trying to move the needle on that specific area of concern?

How can you easily monitor and track your progress?

Look no further than Verdafero InSights™! A patented Software-as-a-Service (SaaS) platform designed to securely monitor, analyze and report across utilities for any size property portfolio.

Verdafero InSights™ can be used to detect utility leaks, theft, and efficiencies, as well as forecast trends. InSights can also identify upgrade projects, head off future issues, save money, and increase operating profits. We automatically calculate GHG emissions for ESG and sustainability reporting.

Once you know your current metrics, you can use those to set goals and outline actions you will be taking to achieve them. Knowing what is achievable is key, and will allow you to make informed decisions about what is possible across a specific timeline. Having insight into these reports will provide you with information you need to establish a plan going forward, and the ability to track your progress while executing it.