Prior to using SustainIQ, Camden were facing a number of emerging challenges when it came to ESG reporting:

• Lack of a standardised approach to a reporting methodology.
• Impending EU regulatory requirements such as the Corporate Sustainability Reporting Directive (CSRD) placing new reporting pressures on the EU divisions of the business.
• Reporting on Scope 3 emissions due to the complexity of assessing their indirect emissions across the entire value chain.
• Having all ESG data in one centralised location to streamline reporting and effectively showcase their sustainability initiatives, particularly important for winning public sector work.

Based on a 4 pillar methodology SustainIQ will allow Camden to report all areas of ESG on a single platform. With over 200+ data points, API connectivity and a simple-to-use mobile web app, Camden can now input data on their procurement, environmental management and social value. SustainIQ will then produce reports for them to monitor and track their ESG performance to ensure they are on track for net zero by 2040.

SCOPE 3 EMISSIONS REPORTING FOR GREEN PROCUREMENT

Having already started reporting on scope 1 and 2 emissions, Camden can now start reporting on their scope 3 emissions increasing the transparency of their supply chain. This expanded reporting not only provides a more comprehensive understanding of Camden’s environmental impact but also allows stakeholders, including customers, investors, and the public, to gain insight into the broader sustainability practices embedded in the organisation's supply chain. SustainIQ simplifies the engagement process with suppliers and streamlining the data collection efforts.

Sustainability has been at the core of Camden for a number of years. With the implementation of SustainIQ, Camden can now create real time visual reports to communicate their efforts to relevant stakeholders. This supports the business commercially, allowing them to better communicate their impact in bids & tenders.

PREPARING THE BUSINESS FOR CSRD AND REGULATORY REPORTING

By adopting SustainIQ early in 2024 it not only positions Camden as a socially responsible business but also provides benefits such as efficient data tracking, time saving for reporting and ensuring staff are engaging with ESG well in advance to prepare for CSRD. By leveraging SustainIQ, Camden is not just meeting regulatory requirements, they are setting the stage for long-term sustainability practice and success in an increasingly regulatory business environment.

SustainIQ is currently loved & trusted by over 3,000+ sites in 30+ countries globally. Our software helps organisations by providing them with data the empowers decisions to reduce costs, save time & money, drive competitive advantage and ultimately improve overall business performance. Why not grab a chat with our team and see how it could work for you?