SustainIQ

Value beyond the bottom line – Why you need to start thinking about Social Value

Nov 11, 2024 | Rachael Andrew

Success in business has traditionally been measured in financial terms. Despite this, increased regulatory requirements, a global shift towards net-zero, and changing stakeholder expectations, companies must now look to deliver value beyond their bottom line. For customers, governments, employees, and investors, it is no longer enough for an organisation to focus solely on financial returns. They must now also consider their impact on society and the environment.

Why ESG Reporting matters more in times of uncertainty

Oct 01, 2024 | PJ KIRK

Why is ESG Reporting more important than ever and how can organisations react to global uncertainty to ensure that they are taking the steps necessary to meet the demands of tomorrow.

Top mistakes businesses make when implementing ESG Reporting Software

Sep 02, 2024 | Ashly Cronin-McCartney

Customer Success Team Lead Ashly Cronin-McCartney shares her thoughts on some of the most common mistake’s businesses make when embarking on their ESG Reporting journey and provides guidance on how you can avoid them.

The Commercial Impact of ESG in Construction – Some Fast Maths.

Aug 21, 2024 | Michael Murtagh

ESG is a big animal, untamed it can run amuck. Like my golden lab, Tom. Every time he escapes it’s the same, “grab his lead!” and five of us go-a-chasing around and around the neighbour’s field.

Setting ESG Standards for Your Suppliers

Aug 19, 2024 | PJ KIRK

In this blog, as part of continuing series on why supplier engagement is crucial for ESG Reporting success, we explore how setting clear standards and expectations for your suppliers can drive greater engagement.

Understanding Your Supply Chain for Better ESG Reporting

Aug 19, 2024 | PJ KIRK

In a recent blog post, we explored why supplier engagement is crucial for ESG success and discussed some of the associated challenges, such as data collection and accuracy, supplier awareness and capability, and engagement and communication. In this blog post, we’ll explore the topic in more detail, and showcase how supply chain mapping is the first step in overcoming many of the challenges associated with reporting scope 3 emissions.

Get prepared for UK Sustainability Reporting Standards (SRS)

Jul 11, 2024 | RACHAEL ANDREW

The UK government is in the process of evaluating IFRS S1 and IFRS S2 for adoption in the UK. The Government aims to make the UK-endorsed ISSB standards available in Q1 2025 - they'll be known as "UK Sustainability Reporting Standards". While the specific requirements of the upcoming UK SRS are not yet known, we can gain insight by examining the ISSB standards and the already published Corporate Sustainability Reporting Directive (CSRD), which is based on the ISSB.

Why Supplier Engagement is Crucial for ESG Success

Jul 11, 2024 | RACHAEL ANDREW

Mitigating scope 3 emissions presents unique challenges for businesses; however, if successfully managed, they also offer significant opportunities. But how do you manage the challenges associated with scope 3 emissions data to turn them into opportunities for your business? In this blog, we will explore why supplier engagement is crucial for managing scope 3 emissions and benefiting from the opportunities they present.

Breaking down the CSRD

Jul 09, 2024 | RACHAEL ANDREW

There are a vast number of resources out there on the Corporate Sustainability Reporting Directive (CSRD), what is means for your business, when you have to report, how to get started etc, and it all may seem very over whelming! In this blog we are going to make things simple and breakdown the actual reporting requirements!

Carbon removal vs carbon reduction

Feb 20, 2024 | RACHAEL ANDREW

Carbon removal and carbon reduction are two methods of carbon emissions reduction, and there is an ongoing debate as to which is the better method. This blog will explain the differences between the two methods highlighting the drawbacks and benefits of both methods.

GHG Conversion Factors in Global ESG Reporting

Jan 30, 2024 | RACHAEL ANDREW

When it comes to global ESG reporting, varying GHG factors in different jurisdictions can create complexities for large businesses. Explore why that is, and how you can navigate those challenges in our latest blog.

Why Tech Connectivity is Key to Good ESG

Jan 30, 2024 | CONAL LOVE

We say it quite a lot, but ESG reporting is no longer just a one department or one-man job – it takes an interconnected team, and an interconnected tech stack. Read on in our latest blog covering APIs and interconnectivity.

ESG in the Pharmaceutical Industry

Jan 23, 2024 | RACHAEL ANDREW

The pharmaceutical industry has started to feel pressure from governments, regulators, and the market to report and disclose upon their ESG credentials and performance, mainly due to the sector being a major contributor to global greenhouse gas emissions (GHG). Read all about the challenges in our latest blog.

ESG and Artificial Intelligence (AI)

Jan 04, 2024 | CONAL LOVE

Artificial Intelligence (AI) has taken the world by storm in 2023. Despite the benefits of AI, however, concerning environmental, social, and governance (ESG) issues, AI has become a topic of contentious debate.

Contractual Compliance: Dealing with Net Zero

Nov 23, 2023 | RACHAEL ANDREW

This blog will explore the growing importance of including Net Zero commitments in contracts. The necessary data needed for reporting on Net Zero will be highlighted, providing insights on where to locate this data, methods for analysis, and effective ways to communicate and report findings back to clients.

The Role of Social Value in Construction: Winning Work

Nov 08, 2023 | RACHAEL ANDREW

This blog will explore the role of social value in the construction industry, looking at its importance in both public and private sectors. It will also focus on how data can be used to measure social value, monitor progress, and help contractors land more work.

What is Circular Economy?

Oct 19, 2023 | RACHAEL ANDREW

The concept of a Circular Economy has been growing in popularity across all industries. This blog will explore what implementing a circular economy involves, and why it can be beneficial for your business, providing cost savings, efficiencies and contributing to improved environmental performance.

Carbon Reduction Plan: What is it and what you need to know

Sep 18, 2023 | CONAL LOVE

As the world grapples with the urgent need to address climate change and reduce greenhouse gas emissions, organisations are increasingly recognizing the importance of developing effective strategies to curb their carbon footprint. One of the key tools in this endeavour is a Carbon Reduction Plan (CRP).

Greenwashing to “Greenhushing”: What's happening with Green Claims

Aug 29, 2023 | CONAL LOVE

Greenwashing, as most people know by now, is when organisations make unsubstantiated claims that a product is environmentally friendly when it’s in fact not. As a result, greenhushing has become an emerging and growing trend. In this blog, we explore the topic of greenhushing and the impact it's having.

Getting Prepared for ESOS Phase Three

Mar 23, 2023 | GILLIAN MCKEE

For businesses that meet specified criteria, ESOS is mandatory and it involves tracking and reporting energy usage across business processes, facilities and transport, while identifying ways to cut consumption. The scheme was introduced back in 2014 and is currently in the third four-year phase, with a deadline of 5 December 2023 for those who need to comply.

Waste and the risks of non-compliance

Mar 06, 2023 | CONAL LOVE

Waste management is a critical compliance challenge for business. With increasing global awareness of environmental issues, it’s more important now than ever that businesses take responsibility for their waste management practices.

What is Social Value?: Social Value 101

Feb 23, 2023 | GILLIAN MCKEE

The concept of social value has been around for a while, but interpretations of what it means and what actually constitutes social value can differ, leading to confusion among those tasked to deliver it. Read this Social Value 101 for a complete understanding of what it is, and why it matters.

What is the EU Taxonomy and what’s changing?

Feb 07, 2023 | Gillian McKee

In this blog, we set out answers to some key questions to make sense of the EU Taxonomy, which is widening in its reach in 2023 - read all about it in this latest blog.

Implementing ESG Reporting – walk before you run

Jan 30, 2023 | Conal Love

When undertaking ESG reporting perhaps for the first time, it's important to walk before you run. What do we mean by that? Have a read in our latest blog.

The Global Biodiversity Framework and the need for data

Jan 18, 2023 | Gillian McKee

At the Biodiversity Cop 15 in Montreal last month, countries around the world agreed on a new deal to halt biodiversity loss by 2030. This is known as the Global Biodiversity Framework (GBF). With this adoption, biodiversity data is key for future sustainability reporting.

Top 5 sustainability trends in 2023

Jan 04, 2023 | Conal Love

Wondering what lies ahead in 2023? Let’s have a quick look at 5 emerging sustainability trends that you may want to keep an eye on throughout the year.

Avoiding Greenwashing: Turning risk into opportunity

Nov 28, 2022 | Conal Love

Greenwashing has been under the spotlight recently, with the Financial Conduct Authority (FCA) recently announcing its intent to introduce tighter regulatory guidance around “green-marketing” and sustainability product labels. In this blog, we look at how you can avoid greenwashing, and turn the risk into opportunity.

Will your organisation need to comply with CSRD?

Nov 21, 2022 | Conal Love

The European Commission's Corporate Sustainability Reporting Directive (CSRD) is changing, meaning up to 50,000 organisations EU-wide must report and disclose their environmental and societal impacts. Will you business be affected?

ESG vs Sustainability: What's the difference?

Nov 16, 2022 | Gillian McKee

Here at SustainIQ, we often talk interchangeably about ESG and sustainability and most of the time we think it’s ok, given that both are closely related and that ESG is increasingly being used by companies as an acronym for corporate sustainability. In this blog, we explore the differences between the two terms, and why it matters.

Getting to Grips with Embodied Carbon and EPDs

Oct 21, 2022 | Gillian McKee

Understanding the environmental impacts a product will have through its lifecycle is fast becoming a challenge that companies across all sectors are having to grapple with. In this blog, we explore what embodied carbon is, and why it's crucial in any business' journey to net zero.

7 Steps to Conducting a Materiality Assessment

Sep 12, 2022 | Gillian McKee

The concept of materiality within business has been around within accounting for many years, but is now often linked with Sustainability or ESG reporting. In this blog, we provide you with 7 steps to conducting a materiality assessment in your business.

Sustainability jargon busting: What is materiality?

Sep 01, 2022 | Conal Love

When starting out on your sustainability journey, you may come across the concept of ‘materiality’. Understanding materiality, what’s involved and why it’s important, is an essential backbone to your sustainability or ESG strategy.

Buildings or biodiversity - can we have both?

Aug 12, 2022 | Conal Love

Biodiversity and nature are an important yet often overlooked part of the race to net zero. It’s common to think the answer to the climate crisis is just to reduce our use of fossil fuels, but one of the significant pathways set out by the UK government involves nature-based solutions (NBS) to help sequester some of the excess carbon we’re emitting.

Carbon Neutral vs Net Zero

Jul 25, 2022 | Conal Love

Businesses globally are going green pursuing goals in carbon neutrality and net zero. You may well be asking, “Aren’t Net Zero and Carbon Neutral the same thing?” Well no, in fact, they're not, and here's why.

6 Steps to Getting Started with ESG

Jul 11, 2022 | Conal Love

Environmental, Social & Governance (ESG) has moved from being a somewhat niche concept to top of the boardroom agenda in a short space of time.

Social Value Reporting for Public Sector

Jun 27, 2022 | Conal Love

Social value is now a core part of winning public sector bids, and is increasingly important for private sector companies. With sustainability weighting up to 20% of your scoring, and social value accounting for almost 10% of that score under PPN 06/20, ensuring your business is making a social impact, but more importantly reporting on it, is crucial for competitiveness.

Is it time for business to go Circular?

Jun 09, 2022 | Liam McEvoy

The time for businesses to adopt a more circular approach is now. Recent events around the world have resulted in high levels of volatility across supply chains, energy prices, and the costs of products and materials. Is now the time for businesses to go circular?

How to do Streamlined Energy and Carbon Reporting (SECR)

Apr 20, 2022 | Conal Love

Streamlined Energy and Carbon Reporting (SECR) legislation was introduced on the 1st April 2019, coinciding with the end of the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme. SustainIQ now produces touch of a button SECR reports.

The Road to Net Zero: Getting Started

Apr 11, 2022 | Conal Love

The Road to Net Zero can be challenging. Not sure where to get started? Check out our latest blog covering just that.

Changing the world this Earth Hour 2022

Mar 25, 2022 | Maria Diffley

Happy Earth Hour 2022! In this latest blog, SustainIQ Co-Founder Maria Diffley reflects on Earth Hour 2022, and how this years' theme, "Shape Our Future", aligns with our vision of changing your world, for good.

Can you afford NOT to invest in ESG?

Mar 18, 2022 | Greg Wood

Cost is a key consideration in business, but sometimes calculating the cost of doing nothing is omitted from the equation, when it would in fact help to clarify things considerably. This can particularly be the case when it comes to sustainability or ESG considerations.

Reflecting on Futurebuild 2022

Mar 04, 2022 | Conal Love

As we close of our Futurebuild campaign, read our latest blog from SustainIQ Marketing Executive, Conal Love, who reflects on key takeaways from the 3 day event in the London ExCel.

Why a Carbon Inventory will help your business

Feb 17, 2022 | Gillian McKee

A carbon inventory accounts for all carbon outputs across your operation, and having one can be a great way of visualising both direct and indirect emissions. Read more about how you can start in our latest blog.

Benefits of ESG: Building a business case

Feb 01, 2022 | Conal Love

The business case for environmental, social and governance (ESG) commitments is growing rapidly, with a record $649bn being poured into ESG-focused funds worldwide in 2021. This blog builds a business case for effective ESG commitments, and outlines how ESG will assist businesses will challenges in years to come.

ESG in 2022: 7 things to look out for

Jan 07, 2022 | marketing

In 2021, economic, social and governance (ESG) issues took centre stage. Post COP-26, challenges for businesses are emerging at a rapid pace across the globe. As we enter 2022, we've put together 7 things we believe you need to keep an eye on in the year ahead, providing you with an insight to challenges and opportunities just waiting for your business to exploit.

Risk, Regulation & Reporting

Dec 10, 2021 | Maria Diffley

As we near the end of 2021, make sure you have risk reporting and the latest ESG regulations on your radar for 2022, or risk falling foul and paying the price for greenwashing or non-compliance.

Sustainability and ESG - not a one-person job

Nov 26, 2021 | Gillian McKee

As pressure mounts for companies to be more transparent around their ESG commitments, so too does the need for more roles across the business to get involved in meeting those commitments. It’s no longer feasible or desirable for one person or team to take on sole responsibility for ESG or sustainability, particularly when it comes to reporting.

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