ESG with ELM
How can ELM Consulting help you on your ESG Journey? On an organizational level, we can provide a variety of ESG Consulting and Net-Zero Energy roadmapping services aimed at helping you define or accelerate your “ESG Journey”. The ELM Consulting team analyzes over 500 ESG and sustainability reports each year to identify “top performers” and industry specific best practices; we curate and pass this knowledge on to your decision makers allowing them to eliminate the learning curve. Our extensive research and experience uniquely positions ELM to help organizations define, set and implement any organization’s environmental and sustainability goals. Our pre-packaged systems and framework will allow your organization to track progress and finetune your action plan along the way, all while focusing on providing a strong financial return.
Environmental
Social
Governance
Our ESG Motto: Acknowledge, Adopt, Adapt
Roadmap to an ESG Forward Future
Take a look at what ESG with ELM can look like for you.
Intro to ESG
Initial Roundtable
ESG Checkup
ESG Report
Ongoing ESG Managed Services
1
Intro to ESG
Here you’ll learn about the ever expanding world of ESG.
2
Initial Roundtable
Let’s talk options. What are your goals, what can we offer, how can we work together? This is where we begin to formulate a concrete plan to accomplish your goals.
3
ESG Checkup
After learning more about your organization and your goals, ELM will provide you a summary of where you are already strong and where you can improve.
4
ESG Report
Whether you have an ESG report that needs refreshing or need to create one, ELM can either work with your marketing team or complete this task for you.
5
Ongoing ESG Managed Services
You may need a fractional Director of Sustainability or an existing team and systems to support someone you already have. One of our team members can seamlessly integrate into your team virtually or in-person on a set schedule.
Environmental — Doing Good for the Earth
The Environmental pillar of ESG is all about minimizing both your energy usage and the impact of that usage on the environment in order to promote a healthier planet. This pillar gets the most mainstream attention and looks easier to complete than it seems. A large portion of the Environmental pillar is the collection and analysis of data points for energy usage, greenhouse gas emission, water usage, and waste production. Companies should identify areas where there is over-consumption and over-production, and work to create solutions with a net-neutral or positive impact on the environment. Many utilities offer energy incentive programs to encourage building owners and developers to make improvements in the overall efficiency of their buildings. These upfront incentives not only cover the upfront incremental costs, but also lead to thousands of dollars in operational savings throughout the life of a building. Finally, local, state and federal regulations are increasingly forcing organizations to follow strict guidelines when it comes to limiting emissions and waste, in addition to creating systems to allow for tracking and reporting of this data. Creating your ESG plan now will put your company ahead of the curve.
Governance — Conscientious Standards
The Governance pillar of ESG relates to an organization’s diversity of backgrounds among leadership and the policies put in place that lead to business decisions. It aims to provide a company’s stakeholders with transparency and insight into its operations. Mainly this pillar looks at executive and employee compensation rates, board diversity and experience, and overall access to governing documents. The best way to revamp your governance policies is by going back to your roots. Be sure to have a clear mission statement and broadcast it to your key players. Revist and solidify your company values and guiding principles. While this may seem daunting, you probably have the majority of these pieces in place and an ESG consultant can help put a bow on your policies and get your governance documents in order.
Social — Being Good to Your People
The Social pillar of ESG focuses on how you treat your people both internally and in the broader community. Within an organization, social responsibility centers around your employees and their well-being. From attracting and retaining top talent, offering competitive compensation and benefits, and being cognizant of both physical and mental health, internal social responsibility is critical for companies of all sizes. Implementing employee wellness programs is a great start to improving your employees work-life balance. Here, direct feedback can be your barometer for success. You want your people to be passionate about their work and enjoy their workplace. There are many avenues a company can explore to create a healthy and comfortable space for improved wellbeing including mindfulness of nutrition, physical activity and mental health.
Externally, an organization’s social responsibility pertains to how one interacts with and benefits their community. Here, community can be defined as either the geographic area in which you operate or the customers and clients you touch with your product or service. Sponsorships, employee volunteer days, and giving days are all fantastic ways to engage with and give back to your community. Building off of community impact is responsible sourcing. Products come from all over the world, and you want to make sure you are being conscious of where, who, and how you are getting your products.