ESG reporting: Build on sustainability with clear & transparent data

To achieve good corporate governance, you need good data whether you are looking to optimise building use, promote occupant wellbeing or boost building operational efficiency. Smart building technology provides the high-quality data you need to better manage your ESG journey, and, crucially to prove you are measuring, and progressing your ESG goals. 

What is ESG reporting?

ESG reporting is the process by which companies disclose their Environmental, Social, and Governance (ESG) practices to demonstrate their commitment to sustainability and responsible business practices. It provides transparency into a company's environmental impact, social responsibility initiatives, and governance structures, helping investors, stakeholders, and the public assess non-financial risks and opportunities. With growing demand for corporate accountability, ESG reporting is essential for aligning business strategies with ethical and sustainable values, attracting responsible investors, and meeting regulatory requirements.

Why is ESG reporting important?

Your stakeholders, including shareholders, investors, employees, customers and prospects, are all increasingly demanding this quantified information, while for some companies a transparent ESG report is fast becoming a legal requirement. 

1. Enhances transparency

Provides clear insights into a company's environmental, social, and governance practices.

2. Attracts investors

Helps investors assess non-financial risks and opportunities, aligning with long-term financial performance.

3. Boosts reputation

Builds trust with stakeholders by showcasing commitment to sustainability and ethical practices.

4. Meets regulatory demands

Ensures compliance with increasing ESG reporting regulations and standards.

5. Drives sustainability

Encourages responsible business practices and contributes to a more sustainable and socially responsible future.

The right technology can also help to break down data silos, bringing data from different systems into one place and creating more streamlined and collaborative processes. 

ESG reporting requirements for buildings

An increasing number of countries have minimum energy standards and regulations that buildings must comply with. Investors, building owners, developers and occupiers are increasingly looking for properties that offer lower costs, sustainability and improved occupier experience, while also complying with existing regulations. The high-quality data produced by building technology demonstrates regulatory compliance, as well as being a tool to help fulfill those regulations. 

ESG reporting software and tools

Access to building operations data also matters to occupiers who are increasingly looking to landlords to provide the means for pursuing their own sustainability agenda. Intelligent building technology gives occupiers the tools to streamline their own energy use by linking their building sensors and smart meters to a central operating system. Real time analysis of energy use, and the carbon intensity of this energy source, empowers occupiers to making informed choices for their own ESG goals. 

Priva’s smart building solutions allow information to be extracted and presented in an accurate and transparent way that is easy to interpret and make decisions from. Learn more about CSV reports in Priva Analytics to achieve your ESG reporting goals.