Environmental, Social, and Corporate Governance (ESG) evaluates a business’ collective conscientiousness for social and environmental factors.
ESG Explained Environmental, Social and Corporate Criteria (ESG)
Environmental, Social, and Corporate Governance (ESG) is a process developed to evaluate a company’s collective conscientiousness for social and environmental factors.
ESG is typically a score compiled from data collected surrounding specific metrics related to intangible assets within the enterprise.
Think of it as a form of a corporate social credit score.
Research shows that such intangible assets comprise an increasing percentage of future enterprise value.
While there are many ways to think of intangible asset metrics, these three central factors together, ESG, comprise a label widely adopted throughout the United States financial industry. The ultimate objective is to measure ESG elements related to sustainability and societal impact on a company or business.
In less than 20 years, the ESG movement has grown from a corporate social responsibility initiative launched by the United Nations into a global phenomenon representing more than US$30 trillion in assets under management.
Last year, a surge of capital totaling US$17.67 billion flowed into ESG-linked products, an almost 525 percent increase from 2015, according to Morningstar.
Why Is ESG and Sustainability Important?
Sustainability is a foundational principle underpinning the current focus of companies, investors, and regulators.
A Foundational Principle
Sustainability is a foundational principle underpinning the current focus of companies, investors, and regulators. ESG is a subset of performance indicators that include sustainable, ethical, and corporate governance issues such as managing a company's carbon footprint and ensuring there are systems to ensure accountability.
An investment
ESG is an investment consideration used in risk assessment strategies incorporated into investment decisions and risk management processes.
Long-Term Success
Companies that use ESG standards are more conscientious, manage risk, and are more likely to achieve long-term success. As a result, many organizations have established ESG initiatives as part of their corporate governance.
Holistic Approach
A TPI consultant can guide your business to a holistic approach to process improvements through a data-driven mindset and provides business insights to increase shareholder value and the long-term viability of an organization.
Interested in Carbon-Free Energy?
A Carbon-Free Product, or Emissions Free Energy Credits (EFECs), represent the emission-free attributes generation, that do not directly emit greenhouse gases from combustion.
Our consultants are ready to help you go carbon-free.
Additional Tools:
• Efficiency Audits
• Capital Efficiency Projects
• Market Monitoring and Updates
A Full List of Energy Services:
With an erengy audit, we establish a baseline and then recommend reducing these costs through our outsource procurement program. Our fiscal management consultants are ready to help you in any of the following areas:
Energy Management Services
Energy Procurement
Economic Feasibility
Energy Sustainability
Support Services
Energy Risk Management
On-Site Electricity Generation
Renewable Energy Consulting
Demand Response
Services for Energy Suppliers
Energy Audits and Studies
Sourcing Financing
Energy Consumption Reduction
Renewable Energy Purchasing
Utility Infrastructure Management
Energy Risk Management
Energy Strategy Development
Market Analysis & Monitoring
Ongoing Hedge Management
Supplier Qualification & Proposals
Supplier Comparison & Analysis
Contract Negotiations & Execution
On-Site Electricity Generation
ImplementationCommercialization
Sustainable Energy Strategy Development
Renewable Energy Strategy Development
Evaluating a Renewable Energy Purchase
Renewable Energy Procurement
Negotiation of Power Purchase Agreements
Site & Volume Management
Invoice Validation
Budgeting & Forecasting
Information & Payment Services
Get a customized energy recommendation for your business needs
With over 3,700 clients Across the US, Know The Importance Of Delivering Results