Environmental Factors

This survey is used to identify policies and practices at the company relating to environmental impacts. The survey identifies steps the company may be taking to mitigate environmental harm from water usage, energy usage, and greenhouse gas emissions. The data can be used to identify both areas of strength and ways in which the company can improve its environmental impact. The examination of environmental factors through a survey aligns with the Environmental (E) component of the ESG (Environmental, Social, and Governance) framework. This focus aids in understanding a company's approach to managing its environmental footprint, which includes aspects like water and energy usage, as well as greenhouse gas emissions.

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Data Points to Consider

Water Usage

  • Total water consumption, sources, and recycling efforts.
  • Policies and strategies to reduce water usage and mitigate water-related risks.

Energy Usage

  • Total energy consumption, including renewable vs. non-renewable sources.
  • Energy efficiency initiatives, including technology upgrades and process improvements.

Greenhouse Gas Emissions

  • Total emissions, breakdown by Scope 1, 2, and 3 emissions, and alignment with relevant standards.
  • Emission reduction targets, plans, and progress towards achieving them.

Waste Management

  • Waste generation, recycling, and disposal practices.
  • Initiatives to reduce waste and promote circular economy practices.

Biodiversity and Land Use

  • Impact on local ecosystems, including land use, deforestation, and habitat protection.
  • Strategies to preserve and enhance biodiversity.

Supply Chain Sustainability

  • Environmental practices within the supply chain, including supplier selection and monitoring.
  • Collaboration with suppliers to enhance sustainability.

Environmental Compliance and Reporting

  • Adherence to environmental regulations and voluntary standards.
  • Transparency in environmental reporting and third-party audits.

Data in Context

What are we talking about when we're talking about Benchmarking? Let's be careful when we throw that word around.

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