Environmental Sustainability has become a multidisciplinary field which focuses not only on finding solutions to environmental risks and developing improvement of ecological services, but on broader Governance issues as well.
Worldwide, enhancements to Companies Acts now makes it possible for business leaders to be sued in their personal capacity for their organization’s environmental damages. This accountability at board level is also aligned to the 2015 changes to the ISO 14001 standard.
Boards are increasingly aware that investment portfolio managers are using Environmental, Social and Governance, commonly known as ESG factors to help identify companies with more resilient business models.
The best source of ESG data should be the organization’s integrated annual reports, specifically performance indicators like the GRI G4 environment and social indicators.
However, environmental watchdog organizations have published reports on how IAR outputs typically do not disclose regulatory body compliance infringement notices and negative views surrounding communities have of the organization.
These conflicting reports show that environmental management, sustainable development and social responsibility are closely integrated and cannot be managed in silos. These factors have resulted in the growing trend of Sustainability and SHEQ departments merging together.
Added to this is a significant increase in the areas that need to be measured, monitored, managed and reported on.
Information integrity of this data is a big issue, especially when the information is gathered using tools such as spreadsheets.
IsoMetrix allows business leaders to easily performance manage ESG work streams. Developing an ESG strategy, setting and assigning initiatives, and reporting on performance in an integrated environment, is simple yet efficient. This centralized information system allows for well informed, actionable decisions.
The IsoMetrix Environmental Sustainability solution is an integrated web-based platform that is based on the requirements of ISO 14001, incorporates the relevant clauses outlined in the ISO 26000 guidelines, and is designed to deliver ESG outcomes.
Such is the agility of the product that it can easily be used to replace the spreadsheets that are typically used in any organization with secure, auditable, web based modules.
IsoMetrix allows your Environmental solution to evolve as your operational requirements change, quickly and easily.
The solution assists organizations in managing the performance of Environmental Monitoring results and impact mitigation initiatives such as: Energy Use and Carbon Footprinting, Water Use, Water Quality Management and Water Use License Obligations, Material Flow which includes Material Inflows, Materials Stored and Waste Stream Management. Air Quality Management which includes Fallout Dust and Ambient Emission Monitoring, Noise and Blasting Monitoring, Surface Area Change, Land Use, and Rehabilitation and Biodiversity Management.
To make Integrated reporting easier, these quantitative outputs are available in GRI G4 dashboard reporting format.
Once a monitoring location has been created in IsoMetrix, strategic initiatives, compliance conditions and monitoring data capture can be entered against the location. This provides visibility of the organization’s environmental compliance status at all times.
Data can be captured manually, or imported from Excel or through integration with existing systems.
IsoMetrix ensures efficient tracking of strategic environmental impacts, mitigation and adaptation initiatives. The solution provides the data needed to formulate the integrated annual report via the dashboards, modular reports and, if necessary, customized client specific reports.
IsoMetrix ensures that environmental policies and objectives are compatible with the strategic direction of the organization.
As part of a broader integrated management system, environmental data can be shared across other IsoMetrix solutions such as HSE, Strategy and Legal Compliance. This allows leadership to view the relationships of impact areas across the organization. Transparency and accountability with respect to environmental management, issues and performance is provided.
IsoMetrix assists the Sustainability department in managing their environmental impacts and evaluating their environmental initiatives by assigning actions and holding employees accountable for completing and providing feedback against their responsible tasks.
The Action Manager is at the heart of any IsoMetrix system. Actions from any modules, whether Audit Findings or Meeting Minutes, flow through into the Central Action Manager.
Non-conformances are pulled through to the organization’s risk register and relevant levels of management are notified via email.
IsoMetrix is integrated with ESRI GIS and any information with a geospatial reference can be represented on ArcGIS maps. Stakeholders, monitoring, risk and impact locations as well as their corresponding attributes can be shown in the GIS interface.
The IsoMetrix Environmental Sustainability Solution enables SHEQ practitioners to manage and monitor ESG KPIs in the same platform as their Compliance, Risk, Incident, and Audit and Inspection Solution. Regular inspections and audits can be scheduled for all monitoring locations and environmental KPI outputs.
The effective implementation and use of the IsoMetrix Environmental Sustainability Solution will secure your Environmental License to Operate.
IsoMetrix has solutions across the GRC space including Health Safety and Environment, Legal Compliance, Social Sustainability, Land Access and Resettlement, Enterprise Risk, Governance and Ethics, Quality, Occupational Health and Hygiene and Primary Healthcare and Wellness.
For more information about IsoMetrix or any of our other solutions, please contact us.
There is a growing need for organizations to report on environmental and social sustainability. IsoMetrix simplifies reporting on these multidisciplinary fields.
Environmental sustainability has become a multidisciplinary field that focuses not only on finding solutions to environmental risks and developing improvement of ecological services, but on broader governance issues as well.
Worldwide, enhancements to legislation now makes it possible for business leaders to be sued in their personal capacity for their organization’s environmental damages.
This accountability at board level is also aligned to the 2015 changes to the ISO 14001 standard. Boards are increasingly aware that investment portfolio managers are using environmental, social and governance factors to help identify companies with more resilient business models.