It Is Not Hard To Find Good News About Sustainability
OWL ESG, Inc.
Transforming how ESG data is gathered, analyzed, researched, and applied.
Investors across the globe recognize that ESG factors can have a direct influence on corporate financial performance. Despite this knowledge, some remain doubtful of sustainability initiatives driving tangible results globally.
The good news is, there is so much anecdotal evidence that supports incorporating ESG into investing and managing operations. Here’s some of it.
Improving Transportation Efficiency at UPS Using the Orion System
As a leader in the shipping and logistics industry, UPS has developed an AI-based system called ORION, which optimizes delivery routes.
This initiative is helping to reduce greenhouse gas emissions from transportation activities — which accounts for 27 percent of US GHG output — by up to 100,000 metric tonnes annually.
UPS’s commitment to ESG principles and sustainable practices, such as ORION route optimization technology, makes room for cleaner air equivalent.?
Business People Supporting Environmental Causes
Companies are now taking the lead in protecting and preserving our environment, with inspiring initiatives being undertaken to tackle pressing global climate issues.
Inc.’s recent article showcases seven of these companies that have achieved success through green technology innovations — from creating kelp forests capable of sequestering vast amounts of CO2 for centuries to manufacturing urban electric cars at a cost-effective price point under $20,000, right down to developing cylindrical buoys which harness wave energy equivalent to a sizeable traditional wind turbine.
These groundbreaking solutions demonstrate how quickly businesses can move towards responsible ESG practices when they work together — showing us we no longer need to wait until some distant future date before making positive changes on an environmental level.
The Future Is Bright When It Comes to Sustainability
But how about the future?
Forecasts indicate that ESG compliance is here to stay and will continue to grow in popularity.
In pursuing a more sustainable future, UC Berkeley has identified 10 cutting-edge green technologies that have immense potential to reduce environmental impacts and stimulate responsible development.
From hybrid electricity generators and alternative sources for nuclear power plants to innovative uses of biomass waste in building materials or fuels.
These solutions are poised to make meaningful contributions towards ESG objectives in the near term.
Sustainability and DEI: More Than Just Buzzwords
Companies are increasingly focusing on ESG practices — particularly Diversity, Equity, and Inclusion (DEI).
While there has been pushback against overzealous DEI initiatives in some organizations, the data speaks volumes.
Research shows that diverse companies have greater focus and financial success than their traditional counterparts. Studies demonstrate that they boast:
Ultimately, this spells out better societies with educated workers and improved environmental sustainability for all stakeholders along the way.
Implement ESG Practices With OWL ESG
As society increasingly values ESG principles, it is becoming more and more crucial for businesses to take note. Not only is aligning with these standards the right thing to do from a societal perspective, but it also makes good business sense — those who take action now will be well-positioned for future success.
At OWL ESG, we specialize in helping companies assess their operations and identify areas where they can improve their ESG practices.
Contact us today to learn more about how we can help you make a difference.