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As global climate change continues to accelerate and organizations face more climate-related risks, investors and companies are embracing the need to integrate environmental, social and governance (ESG) factors into business processes and management decisions. One of the key parts of an ESG or sustainability report is air emissions, or the tracking and reporting of air pollutant emissions that occur during operations.
The trends in air emissions reporting point to increasing pressure from consumers and investors, which will influence companies to engage in more self-reporting and faster reductions in greenhouse gas emissions. With adaptable EHS software solutions for new use cases, companies can determine their best paths forward to reducing emissions.
A new Enablon whitepaper looks at the trends driving air emissions reporting and the EHS solutions available for delivering environmental reports, as well as how EHS solutions are adapting to customer expectations and needs.
Key Trends in Air Emissions Reporting
One key trend driving air emissions reporting is that consumer sentiment toward sustainability is changing. A 2018 Nielsen survey found that 73% of global consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment, which means it’s important for companies to be good stewards of the environment and show they’re on consumers’ side.
Another key trend on air emissions reporting is increasing pressure from investors for companies to focus on sustainability. Investment firms and individual investors have taken commitments to put their money into companies that are deemed “safe” climate change investments. This means that businesses feel more pressure to remain market leaders and will need to go beyond merely publishing ESG reports to making climate target commitments.
EHS Software Solutions for Air Emissions Reporting
Companies who want to remain market leaders in sustainability and air emissions management will need to leverage large amounts of data to identify operational inefficiencies to make further progress on air emissions goals. The next generation of EHS software solutions can help organizations rise to this challenge.
To keep up with the needs and expectations of companies, EHS software solutions need to collect more data on emissions, assets, limits, tasks, and inspections to understand inefficiencies. These solutions should offer faster data processing and need to have powerful analysis to leverage data and help propel companies toward their emissions goals.
New Expectations of EHS Software Solutions
EHS software solutions are already anticipating these heightened needs and expectations of companies. Solutions will need to handle more data from more sources and perform deeper and more frequent data analysis.
With better integrations and more IoT data sources, manual data entry for emissions compliance will become a thing of the past, which shortens the feedback loop from data import to reports generated and data/scenario analyses completed. This means reports and calculations are always up to date to provide companies more agility.
Download the whitepaper to learn more about trends in air emissions reporting and how Enablon provides sophisticated tools integrated into one platform solution to offer companies the best possible solution to meet their air emissions and sustainability goals.
