SUSTAINABILITY
need it instant visibility and meaning they can react quicker to stop such incidents happening again .”
During his time at Intelex , Henderson ’ s biggest lesson in ESG has been how important the role that data collection and analysis plays in supporting the ESG efforts of organisations who have shifted their focus to environmental performance .
“ Our research findings show that one of the other great challenges many organisations face is how well they can measure ESG performance improvement metrics ,” Henderson explains . “ For many of the people I speak with , the challenge here continues to be disconnected data – we found that just 13 % of respondents to our survey have a fully integrated and connected ESG system . By this , we mean one that can take feeds from IoT devices that use APIs to connect to other systems and include big data analytics to help them make sense of events . The good news is that many companies out there have managed to link their ESG-specific applications together . This should offer a solid foundation for further progress .”
Yet Henderson finds it concerning that the majority of organisations are still using separate pieces of software such as Excel and SharePoint to manage their ESG programmes .
“ The use of disconnected , non-specialist software is a sub-optimal solution and offers an important insight into why , as mentioned , the number one challenge respondents face is how well they can measure ESG performance improvement metrics .”
At Intelex , the next 12 months will focus on identifying gaps in the tools available to track the impact of a businesses sustainability efforts and advancing tracks for regulatory compliance . “ As organisations grow their maturity in ESG , we plan to grow right along with them ,” concludes Henderson .
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