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#sustainabilitystrategy
ltslean · 3 months
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Sustainable Maintenance Practices with CMMS CMMS software can effectively plan, track, schedule and manage various maintenance strategies for any industrial asset while supporting sustainable initiatives. For more details read our blog : https://cmmssoftware.leantransitionsolutions.com/software-blog/sustainable-maintenance-with-cmms
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forrestreedgreen · 6 months
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Why business in Singapore needs to start thinking about ESG
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"Still think that ESG is not important?"
No, I don't believe that ESG is unimportant. On the contrary, Environmental, Social, and Governance (ESG) considerations are increasingly recognized as essential factors for sustainable business practices and long-term success. Here are several reasons why ESG is crucial:
Regulatory Compliance: Singaporean regulatory bodies are increasingly emphasizing ESG compliance. Businesses that align with ESG standards are better positioned to navigate regulatory changes and avoid potential penalties.
Investor Expectations: Investors are increasingly incorporating ESG criteria into their investment decisions. Companies with robust ESG practices are more attractive to investors seeking sustainable and responsible investments, thereby gaining access to capital and enhancing their valuation.
Market Competitiveness: Adopting ESG practices can confer a competitive advantage. Businesses that prioritize sustainability, social responsibility, and ethical governance can differentiate themselves in the market, attract customers who value these principles, and foster brand loyalty.
Risk Mitigation: ESG considerations help businesses identify and mitigate various risks, including reputational, operational, and supply chain risks. Proactively addressing environmental and social issues can enhance resilience and minimize potential disruptions.
Long-Term Sustainability: Embracing ESG fosters long-term sustainability and resilience. By minimizing environmental impacts, promoting social equity, and upholding strong governance standards, businesses can create value not only for shareholders but also for society as a whole.
Talent Attraction and Retention: Employees increasingly prioritize working for organizations that align with their values. Demonstrating a commitment to ESG can help attract and retain top talent, enhancing employee satisfaction and productivity.
Stakeholder Expectations: Customers, suppliers, and other stakeholders are increasingly scrutinizing businesses' ESG practices. Meeting stakeholder expectations regarding sustainability and ethical conduct is essential for maintaining trust and fostering positive relationships.
In summary, integrating considerations of ESG for companies in Singapore into business strategies is no longer optional. Embracing ESG is not only a moral imperative but also a strategic imperative for long-term success, resilience, and relevance in an evolving global landscape.
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jjbizconsult · 1 year
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Green Loans: Companies Raise Over 180 Billion Know It All
Green Loans: Companies Raise Over 180 Billion Know It All. Introduction: Green Loans In recent years, the financial world has witnessed a significant shift towards sustainability and environmental responsibility. This shift is most evident in the realm of corporate finance, where companies are increasingly turning to Green Loans and Sustainability-Linked Loans (SLLs) to fund their…
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m2iconsulting · 1 year
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Get technology solution for the CSR Programs | ESG.
ESG (Environmental, Social, and Governance) and CSR (Corporate Social Responsibility) advisory provides guidance to businesses on sustainable practices, responsible investments, and social impact initiatives. It helps companies integrate ESG principles into their operations, improve stakeholder engagement, and enhance their overall environmental and social performance.
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https://m2iconsulting.com/environmental-social-governance.php
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otaviogilbert · 1 year
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Sustainability Secrets Revealed: How Starting Smart Changes Everything
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"Sustainability Secrets Revealed: How Starting Smart Changes Everything" is an illuminating book that uncovers the hidden strategies and practices behind building a sustainable and environmentally responsible business. It delves into the transformative power of making informed and eco-conscious decisions from the outset. This book offers practical insights, case studies, and actionable steps for entrepreneurs, businesses, and individuals looking to embrace sustainability as a core principle, benefiting both the environment and their bottom line. Discover the secrets to a greener and more sustainable future.
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futurride · 3 years
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Wabtec goes green to accelerate more sustainable rail
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Top Stories of 2021 so far: #8 More at https://conta.cc/3qQZiap Wabtec goes green to accelerate more sustainable rail The company has published its Green Finance Framework and recently demonstrated FLXdrive, said to be the world’s first 100% battery-powered, heavy-haul freight locomotive with 20,000 battery cells to cut the world’s carbon footprint. Read the full article
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agileadvisorsmea · 3 years
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Stakeholder consultation and sustainability reporting
Stakeholder consultation or engagement is a tool or methodology that is utilized to obtain the opinion of the stakeholders on the focus areas or the key issues on sustainability for a company. The stakeholder consultation process is an important crucial element of developing sustainability report. In our role as a sustainability report consultant we have conducted several stakeholder consultations for our employees. The stakeholder consultation assists companies in establishing their sustainabilitygoal and strategy that aligns with their own business strategy and objectives for both short and long term. As a sustainability report consultant we have developed sustainabilitystrategy for multiple organizations.
So, who are these stakeholders? Its an important question which must be answered before we proceed with stakeholder consultation. The stakeholders are entities and people who are affected by the operations, activities, products or services of the organization which has decided to develop the sustainability report. Additionally those group of people and entities who can affect organizations strategies are also important stakeholders.
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The stakeholders can be classified into internal and external stakeholders. Internal stakeholders are those who are within the organization such as employees, board of directors internal auditors committees etc. External stakeholders are those who are outside the company such as consumers, customers, tenants, product users, government bodies, regulators, financial institutions, community, public and civil organizations and the NGOs. Being a sustainability report consultant we help companies identifying all the stakeholders and help them devise methodology to engage with them. In all the sustainability report we develop, we ensure to include a section on stakeholders identification and engagement as it’s a key requirement of GRI standards, which are most widely used standard for developing sustainability reportsglobally.
The principles of stakeholder engagement applicable as per GRI standards include inclusiveness and materiality while developing a sustainability report. Inclusiveness ensures that the organization that is developing the sustainability reportis not developing it in isolation and only form its perspective rather it is talking opinion of all its stakeholders into account while deciding on the report content. In our capacity as a sustainability reporting consultant we do conduct this process and ensure that these principles form the basis of the report.
.The process of reporting related to stakeholder consultation normally includes five steps as depicted below:
Benchmarking and gap analysis in relation to the stakeholder consultation process
Identification if all stakeholders and then prioritizing them for consultation
Developing the plan for engaging with the stakeholders
Undertaking the consultation with stakeholders and
Collecting their feedback and opinion
Analyzing the feedback to identify material issues
As a sustainability report consultant we have undertaken several stakeholder consultation and materiality issues. Reach out to in case you need support with developing sustainability report.
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jclementi · 3 years
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When you hit self-designated milestones, pause for a moment and tell yourself that you are headed in the right direction. #coachjoe☑️A foundation which laid a foundation upon which I am going to lay another foundation.☑️ Pulses of dopamine allow you to get action steps without the depletion it would normally bring. Allowing you to control the doses of dopamine building capacity to create more reward.☑️Replenishing the bank account, the neuro bank account.☑️ Moving the horizon closer—stronger visually— backed by internal rewards.👉🏻Doing instead of procrastinating👉🏻Doing instead of over-planning👉🏻 Doing instead of self-sabotaging👉🏻Doing instead of over-thinking“One can choose to go towards safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.” - Abraham Maslow#growth #leadershiplessons #motivation #sustainabilitystrategy #growthmindset #milestone #progression #momentum #mindsetiseverything #coaching #mentoring #coachjoe #personaldevelopment #change #goals #lifeadvice #selfimprovement #selfgrowth
When you hit self-designated milestones, pause for a moment and tell yourself that you are headed in the right direction. #coachjoe☑️A foundation which laid a foundation upon which I am going to lay another foundation.☑️ Pulses of dopamine allow you to get action steps without the depletion it would normally bring. Allowing you to control the doses of dopamine building capacity to create more reward.☑️Replenishing the bank account, the neuro bank account.☑️ Moving the horizon closer—stronger visually— backed by internal rewards.👉🏻Doing instead of procrastinating👉🏻Doing instead of over-planning👉🏻 Doing instead of self-sabotaging👉🏻Doing instead of over-thinking“One can choose to go towards safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.” – Abraham Maslow#growth #leadershiplessons #motivation #sustainabilitystrategy #growthmindset #milestone #progression #momentum #mindsetiseverything #coaching #mentoring #coachjoe #personaldevelopment #change #goals #lifeadvice #selfimprovement #selfgrowth
#COACHJOE
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lowellynejames · 6 years
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10 Sustainability Megaforces (10MF) Guides
Celebrate European Sustainable Development Week by future proofing your business using the SMART actions outlined in each 10MF guide.
The 10MF toolbox can be used as posters in your sustainability or CSR awareness campaign posters, on social media posts or as flashcards team building strategy sessions.
Download your toolbox by clicking the link below:
https://bit.ly/2LDmILA
#sustainability #csr #quality #ESDW #environment #sustainabilitystrategy
from Blogger https://ift.tt/2JiJXvO via IFTTT
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agileadvisorsmea · 3 years
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Sustainable Finance and ESG reporting
We Agile advisors are leading sustainability report consultant and in this article we shall be talking about our understanding of sustainable finance. Sustainable finance is the process of considering the environment, social and governance (ESG) in the financial decision-making process. In short sustainable finance is supporting economic growth by keeping the environmental, social and governance issues in mind and mitigating these as far as possible. Sustainable finance can be of two different types: purely for financial profit, termed as traditional investment, and purely for ESG impacts termed philanthropic donations. The history and evolution of sustainable finance start as early as the 1990s when Corporate Social Responsibility (CSR) strategies were first implemented to align the social causes. In the 2000s sustainable finance market started development with Principles of Responsible Investment (PRI) in 2006, First Climate Awareness Bond in 2007, First Green Bond in 2008, and Green Bond Principles in 2014. Later in 2015, major international initiatives were launched, namely Task Force on Climate-Related Financial Disclosure (TCFD), Chinese Green Bond project catalogue, The Addis Ababa Action Agenda, UN Sustainable Development Goals (SDGs), The Paris Climate Agreement. Lastly, in 2018 reforms were introduced to the EU Action Plan on sustainable finance. There are several types of sustainable investing like Socially Responsible Investing (SRI), Impact Investing, Green Bonds and ESG. This article will focus shortly on how ESG is a more meaningful measurement of risks and rewards management for sustainable finance. As sustainability report consultant we have developed KPIs for ESG indicators, implemented MRV mechanisms and published ESG report.
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An ESG report is often used interchangeably with Sustainability Report. However, an ESG reportquantifies the companies' efforts in a way that is more meaningful and acceptable for the various questions that the stakeholders may raise. Similarly ESG report, CSR report and sustainability reportare also terms used interchangeably and as a sustainability report consultant we have developed several such reports.
Environmental criteria address a company's operational ecological impacts and stewardship towards mitigation of climate change, conservation of natural resources, pollution and waste management. Social criteria examine the company's relationship with employees, consumers, suppliers and communities. Therefore, elaborating the scope for human capital management, product liability and creating value for stakeholders. Governance criteria refer to a company's leadership and management philosophy, policies, practices, internal controls and shareholders rights. ESG criteria is an upcoming way for companies to demonstrate their capability to cope with sustainabilitystrategies. Therefore, a properly framed ESG report would help attract investors to evaluate companies working positively towards ESG criteria and avoid companies that might risk investors based on their environmental, social or governance impacts. The competitive advantages of an up-to-date ESG report are:
Reduced Risk: Mitigates the risk to enterprise
Increased Opportunities and Growth: Supports identification of new markets, customers, services and products
Organizational Resiliency: Anticipates and adapts to technological, customer and regulatory changes
Workforce Productivity: Engages and empowers employees, increases retention and attracts the best talent
Reputation & stakeholder Trust: Increased stakeholder trust results in better corporate reputation
If you are looking for an ESG consultantor sustainability report consultant then do get in touch with us.
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