ESG 1 - ESG Goal setting and tracking¶
Description¶
ESG Goal setting and tracking function help organizations to identify areas where they can improve sustainability performance, track progress toward their sustainability goals, and report on their achievements to stakeholders, investors, and regulators.
Impact¶
It enables organizations to improve their sustainability performance, align with stakeholder expectations, and achieve long-term business success through sustainable practices.
Weight¶
High
Owner¶
Sustainability Director, Analytics Manager
Logical Component(s)¶
| Name | Description |
|---|---|
| Accelerate Decarbonization | Accelerate decarbonization refers to the process of increasing the speed and scale at which carbon dioxide (CO2) and other greenhouse gases are reduced or eliminated in order to mitigate the impacts of climate change. |
| Advancing Net Zero | Advancing Net Zero is WorldGBC's global program working towards total sector decarbonization by 2050 |
| Climate Risk Map | A climate risk map is a visual representation of the potential risks and impacts of climate change on a particular region or area. |
| Connector | Connector refers to a device or software that allows different devices or systems to communicate and exchange data with each other. Connectors enable the interoperability of different devices and systems, allowing them to work together and share data over a network. |
| Data Model | A data model is a way of organizing and representing data in a computer system. It defines the structure and relationships between different data pieces and serves as a blueprint for how the data will be stored and accessed. |
| Efficiency Finder | Application to identify and analyze the efficiency of assets within an asset management system. This may include identifying opportunities for improving the performance or efficiency of the asset, as well as identifying potential problems or inefficiencies that could impact its performance. |
| Environmental Data | Environmental data refers to information that is collected about the natural environment and its various components, such as air, water, soil, plants, etc. This data can be collected using various methods, including field observations, remote sensing, and laboratory analysis, and it can be used to understand and monitor the health and functioning of the environment. |
| ERP | Enterprise resource planning (ERP) systems are software platforms that are designed to help organizations manage and integrate their business processes, such as finance, accounting, human resources, procurement, and supply chain management. |
| ESG Reporting Frameworks | ESG (environmental, social, and governance) reporting frameworks are guidelines or standards that organizations can use to report on their environmental, social, and governance performance, risks, and impacts. |
| Financials | Financial include various metrics, such as revenue, profits, expenses, cash flow, assets, liabilities, and equity. |
| GHG Protocol | GHG Protocol establishes comprehensive global standardized frameworks to measure and manage greenhouse gas (GHG) emissions from private and public sector operations, value chains and mitigation actions. |
| Green Leases | Green leases are leases for commercial or residential properties that include provisions related to environmental sustainability and energy efficiency. These provisions may require the tenant or property owner to take certain actions to reduce their environmental impact, such as using energy-efficient appliances or implementing water conservation measures. |
| Intelligent Maintenance | Application for managing and maintaining assets that use data and analytics to predict when maintenance is needed. This approach is designed to optimize the maintenance schedule for an asset based on its actual condition, rather than following a predetermined schedule or reacting to failures. |
| IT Optimization Services | Maximize the efficiency and sustainability of an organization's I.T. infrastructure and operations. |
| Locations | Location refers to the physical location of devices, sensors, and other assets connected to the network. |
| Processing Rules | Processing rules in data systems refer to the set of instructions or algorithms that are used to manipulate and process data within the system. These rules can be used to perform a wide range of tasks, including data validation, transformation, aggregation, and analysis. |
| REST API | REST API (short for Representational State Transfer Application Programming Interface) is a type of API that allows software applications to communicate with each other over the internet. REST APIs use a standard set of protocols and data formats to exchange information between applications, allowing them to communicate and share data in a consistent and predictable manner. |
| SASB | SASB Standards guide the disclosure of financially material sustainability information by companies to their investors. |
| Science Based Targets | The Science Based Targets initiative is a collaboration between the CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. Since 2015 more than 1,000 companies have joined the initiative to set a science-based climate target |
| Scope 1, 2 GHG Accounting + Reporting | Scope 1, 2, and 3 GHG (greenhouse gas) emissions are categories used to classify and report the greenhouse gas emissions of an organization. Scope 1 emissions are direct emissions that are under the control of an organization, such as emissions from company-owned vehicles or equipment. Scope 2 emissions are indirect emissions that result from an organization's consumption of purchased electricity, steam, heating, or cooling. |
| Scope 3 GHG Accounting + Reporting | Scope 3 GHG (greenhouse gas) accounting and reporting refers to the measurement, accounting, and reporting of greenhouse gas emissions from sources that are not directly owned or controlled by an organization, but that are related to its activities. |
| Scope 3 GHG Reporting & Performance | Scope 3 GHG (greenhouse gas) reporting and performance refers to the measurement, reporting, and management of greenhouse gas emissions from sources that are not directly owned or controlled by an organization, but that are related to its activities. |
| Storage | Storage refers to the physical or virtual space where data is saved and stored for later use. Storage is an essential part of any data system, enabling it to retain and access data over time. |
| Sustainability Program Tracking | Sustainability program tracking is the process of monitoring and measuring the progress and performance of a sustainability program or initiative. |
| Sustainable Projects | Sustainable projects aim to reduce environmental impacts, such as greenhouse gas emissions or resource consumption, or improve social and economic conditions by creating jobs or improving quality of life. |
| Sustainable Sourcing & Procurement | Sustainable sourcing and procurement refers to the processes and practices used to acquire goods and services in a way that is environmentally, socially, and economically responsible and sustainable over the long term. |
| TCFD | TCFD reporting refers to the practice of reporting on climate-related financial risks and opportunities in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures ( |
Review Date¶
2023-09-03