Your company is authorized to make responsible, data-driven decisions to decrease its carbon emissions on the climate through sustainability management software.
Managing your organization’s sustainability progress implies keeping up with compliance obligations and developing its social and environmental studies. Ultimately, you want to overcome potential hazards and risks, build efficient reporting, and organize all of your sustainability initiatives with other systems.
It will develop into a sustainable marketing model when your organization connects the proper environmental management tools and resources. Here are some of the critical gains of funding in sustainability software.
Sustainability management software monitors non-renewable energy sources, reduces operational costs, ensures regulatory compliance, and minimizes the emission of harmful production byproducts. Companies rely on these products to limit waste and achieve more sustainable production systems, typically part of a more extensive environmental, social, and corporate governance (ESG) strategy. Government agencies utilize sustainability management products to monitor environment data trends over time and measure the impact of emissions on climate and community health. As more companies are subject to regulatory compliance for emission standards, sustainability management products are essential for ensuring compliant processes.
These products tend to overlap in features with energy management software, as both types of software help organizations monitor resource and energy usage and help make more sustainable decisions. Energy management focuses more on energy consumption related to HVAC systems to reduce operational costs. It is not uncommon for businesses concerned with regulatory compliance to utilize both types of software.
Sustainability management software also integrates with all of the necessary resource monitoring infrastructure (metering and equipment) and existing organizational IT management software. The software acts as a third-party, integrable monitor that plugs in and gathers data from the systems already in place. The integration with the existing IT infrastructure is necessary to monitor emissions generated and inefficiencies within operations accurately.
To qualify for inclusion in the Sustainability Management category, a product must:
- Monitor resource use, carbon emissions, and other critical environmental data points
- Aggregate analytical data into a central dashboard and track KPIs
- Support emission compliance with all existing regulatory and legal requirements
- Integrate with necessary resource monitoring equipment
Examples of Sustainability Software
Cority: Cority’s Sustainability Solution furnishes clients with a 360° aspect of their sustainability programs. From creating and tracking sustainability objectives and collecting data from across the organization, their sustainability software delivers it straightforward for sustainability managers and their teams to break down silos and work collaboratively with colleagues beyond their organization.
Benchmark ESG | Gensuite:
- Meet Social, Environmental, and Governance (ESG) targets and achieve sustainability commitments.
- Centralize data acquisition and analysis for investment-grade reporting and build a metrics repository for ongoing stakeholder visibility to recognize improvement projects, improve strategies, and manage performance.
- Foster a more sustainable footprint with Benchmark Sustainability for increased ESG insights.
IntegrityNext: IntegrityNext empowers organizations to control 100% of their suppliers for sustainability & compliance to match the regulatory obligations. The IntegrityNext platform automatically collects the required supplier self-assessments and certificates while observing social media for malpractice and reputational opportunities. Among others, IntegrityNext envelops Anti-Bribery & Anti-Corruption, Human Rights & Labor, Environmental Protection, Cyber Security, Health & Safety, and Business Continuity.
Advantages of Sustainability Software
Decrease environmental impact
- Recognizes what business units want to decrease energy
- Monitor and address various resource consumption and other essential sustainability metrics
Mitigate environmental risk
- Lower consumption to reduce both ecological costs and carbon footprint
- Continually demonstrate progress on local, national, or global ecological stresses
Report and track
- Formulates streamlined processes for more considerable sustainability tracking and reporting
Achieve compliance
- Provide data for standards like ISO 26000, Global Reporting Initiative, and Carbon Disclosure Project
- Furnishes auditors with immediate access to all records
Sustainability Software and Corporate Social Responsibility
Nowadays, businesses need to include gimmicks that focus on sustainability and social responsibility. Eco-friendly business models further establish trust with consumers and implement solid values for a company.
A sustainable enterprise means rendering products and services that provide for the customers without endangering the environment. Therefore, companies that create sustainability into their enterprise models are the long-lived ones.
To assist businesses in achieving environmental efficiency, ISO 14001 was designed. The world’s ecological management standard provides organizations with a framework for protecting the environment while delivering value to customers. As a result, consumers don’t have to worry about a company simply going to walk away. It is essential so that every customer can form an ongoing association with the companies that they wish to work with.
Favorably, with sustainability software, businesses can set environmental goals and targets to achieve sustainable business methods. In addition, this software supports sustainability leaders in streamlining their environmental, health, and safety operations while decreasing costs and carbon footprint.
It is best practice to frequently monitor, manage and report on resource consumption and sustainability key performance indicators. ISO published the ISO 26000 standard to guide organizations on how to manage social responsibility. This bonus is intended for organizations of all types, regardless of industry.
Remember, sustainability is the capacity to endure. Companies can afford quality products and services to clients with fitting approaches and tools while maintaining sustainable growth. Many successful companies focus on sustainability and social responsibility – and they have a lasting brand because consumers trust them.