A refreshingly effective approach to make ESG reporting transparent, effective, and affordable
5 Impacts of ESG on the UK Construction Sector ESG reporting is creating shockwaves throughout the UK’s construction sector. Has your firm begun the process? ESG is the formalised measurement and declaration of how your firm states its position on matters of Environment, Social, andGovernance, and its impact affects construction today. 1. Procurement gives 10% weighting to ESG In September 2021 the Procurement Policy Note PPN 06/21 came into force. This requires all suppliers who bid for government contracts of just £5m, to demonstrate that they are taking action to reduce their carbon emissions, in line with UK 2050 Net Zero targets. Within the regulation, there’s a mandatory 10% weighting for the bidder’s ESG reporting, more than enough to offset
Construction Firms: a 5-Step Fast-Start Guide to ESG Reporting ESG reporting is a deep dive into the entire environmental and social impact of your firm, plus an examination of your total corporate governance processes. Unlike many ISO standards, ESG reporting is multi-disciplinary. You’ll need input from across the organisation, and success requires both steady guidance and perseverance. 1. Selecting the optimum reporting platform Unless your firm has global operations there’s no need to spend a fortune on technology which will remain unused. In construction, you’ll almost never have to worry about on-site reporting. From the smallest SME to mid-sized corporations, the entire ESG reporting can be completed with modular SaaS-based software. ESG reporting requires specialist software which presents your data
Simplifying ESG Reporting for UK SMEs Construction The importance of ESG reporting SMEs are initiating ESG reporting because of supply chain demands and consumer pressure. Industrial or professional, everyone is affected, regardless of business type. Regulation is pushing Net Zero, and your firm’s commitment to the UN Sustainable Development Goals demand detailed reporting related to emissions, waste, energy, equality, safety and much more. This isn’t just ‘more red tape’: ESG is an opportunity. It enables you to win more clients, and it’s critical when seeking investment. By working with experts to meet your obligations, you gain enhanced public relations, and the resultant operational efficiencies more than outweigh any costs. A total service designed for SMEs to report on their Environment,
Simplifying ESG Reporting in Education A total service designed for schools and universities of all sizes to manage andreport on their Environment, Social, and Governance performance. The importance of ESG reporting Transparency honesty and integrity. These are the principles you teach, and they’re also the very essence of organisational ESG reporting. Formalised reporting spans your nstitutions’ entire energy, waste, social-inclusivity, equality, risk and more. It even weighs the impact you have upon the local community. Critically, quality ESG reporting drives good governance. A total service designed for schools and universities of all sizes to manage and report on their Environment, Social, and Governance performance. Regulatory pressures The latest variations to the Public Contracts Regulations 2015 force a 10% weighting to
Simplifying ESG Reporting in Construction A total service designed for construction sector Primes and Subs to manage and report on their Environment, Social, and Governance performance. The importance of ESG reporting Your success when tendering for contracts now hinges upon demonstrating your firm’s commitment to the UN Sustainable Development Goals. These demand detailed reporting related to emissions, waste, energy, equality, safety and much more. Reporting is both regulatory and supply chain driven. By working with experts to meet your obligations, you add value to your firm through increased success in your RFPs. You’ll benefit further through enhanced public relations, and the resultant operational efficiencies more than outweigh any costs. Regulatory pressures The latest variations to the Public Contracts Regulations 2015
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