Climate Impact

5 steps your organisation can make, to better measure your climate and sustainability impact

Climate change is a reality and it’s happening right now. It's up to each and every one of us, including businesses, to take action and make a difference. Measuring and reducing your business's carbon footprint is a crucial step towards a more sustainable future. Here are five steps that every business can take to better measure their climate and sustainability impact.

Step 1: Energy Usage

The first step towards measuring your business’s sustainability impact is to track and monitor energy consumption. This can be done by analysing electricity, gas, and fuel bills, as well as monitoring energy usage in different facilities, operations, and departments. This information will help you identify areas where energy is being wasted, and opportunities for improvement.

Step 2: Carbon Emissions

Once you have a better understanding of your energy usage, the next step is to calculate your greenhouse gas emissions. These emissions come from energy use, transportation, and waste. Calculating these emissions will help you understand the overall impact your business is having on the environment. You can then set targets for reducing these emissions and track your progress towards sustainability goals.

Step 3: Water Usage

Water is a precious resource, and it’s important to track and monitor water usage across your operations and facilities. This information will help you identify areas where water is being wasted, and opportunities for conservation. By setting targets for reducing water usage, you can make a positive impact on the environment and save money on your water bills.

Step 4: Waste Reduction

Waste reduction is another important aspect of measuring your business’s sustainability impact. By tracking waste generation, recycling and composting rates, you can set targets for reducing waste and monitor your progress towards zero waste goals. This can also help you identify areas where you can improve your waste management processes, reduce waste, and save money.

Step 5: Supply Chain Sustainability

The final step in measuring your business’s sustainability impact is to assess the sustainability performance of your suppliers. This involves evaluating the environmental impact of their operations and tracking their progress over time. By ensuring sustainable sourcing practices throughout your supply chain, you can reduce your overall environmental impact and support the sustainability goals of your suppliers.

In conclusion, measuring and reducing your business’s carbon footprint is a crucial step towards a more sustainable future. By taking these five steps, you can better understand your climate and sustainability impact, and make lasting changes that will have a positive impact on the environment. So, get started today and take your business down the path towards sustainability!

Summary

In this blog post, we discussed five steps that every business can take to better measure their climate and sustainability impact. These steps include tracking energy usage, calculating greenhouse gas emissions, monitoring water usage, tracking waste reduction, and assessing the sustainability of your supply chain. By taking these steps, businesses can better understand their impact on the environment and take meaningful actions towards sustainability.

How 5Y ESG Platform Can Help:

The 5Y ESG Platform is a data platform designed to help businesses measure and manage their environmental, social, and governance (ESG) performance. This platform provides a comprehensive solution for businesses looking to better understand their sustainability impact and take lasting actions towards sustainability.

With the 5Y ESG Platform, businesses can track energy usage, calculate greenhouse gas emissions, monitor water usage, track waste reduction, and assess the sustainability of their supply chain, all in one place. The platform also provides easy-to-use reporting and visualisation tools, allowing businesses to quickly and easily track their progress towards sustainability goals.

Additionally, the 5Y ESG Platform integrates with existing systems and processes, so businesses can quickly and easily track and monitor their ESG performance without having to manually enter data. This makes it easier for businesses to get started with ESG measurement and management, and take meaningful actions towards sustainability.

In conclusion, the 5Y ESG Platform is a powerful tool for businesses looking to better understand their climate and sustainability impact, and take lasting actions towards sustainability. By using this platform, businesses can quickly and easily track