Energy Efficiency, GHG Emissions - December 2, 2022
ISN Report: Only 9% Companies Track Emissions
Although 18% of companies have reduction strategies for greenhouse gas (GHG) emissions, only 9% track GHG emissions, according to a recent report from ISN, a contractor and supplier management services company.
ISN announced the release of its 2022 Environmental, Social & Governance (ESG) White Paper, summarizing data from over than 22,000 organizations across 30 different industries, including construction, transportation, warehousing, manufacturing, and mining, to analyze contractor and supplier information pertaining to ESG.
More than half (53%) of the companies measured have implemented an Environmental Management System (EMS) to help continuously improve their environmental performance. In addition, many companies have waste management policies in place (65%), along with water conservation programs (24%) and renewable energy plans (9%).
“Data should be the driving force of an organization’s EGS strategy and decision making, as it’s a way to gain a holistic picture of how a business affects the environment, its employees and communities,” said Brian Callahan, President and Chief Operating Officer at ISN in a statement. “We are proud to play an integral role in helping companies track ESG information for their contractors and suppliers, which is among the most difficult data to collect due to the complexity of value chains. Leveraging insights from our 2022 ESG White Paper, companies can identify risk areas and opportunities to help meet their ESG goals.”