Environmental Social Governance in a Post-Covid World

At Catalyst, we believe that Environmental, Social, Governance factors continue to be a key focus of the investment community and we don’t believe it will be left behind because of COVID. Perhaps it has been paused, but no one wants a back track on the green or environmental message we have all worked so hard to make a reality. Plus saving energy can and does support financial savings.

The press is also talking about how ESG is just as important now; writer Vinjeru Mkandawire, reported in the Daily Telegraph in June 2020 that: “firms prioritise sustainability in a quest to grow”. In the article, Manolo Falco, global co-head of investment banking and capital markets at CITI said: “companies cannot afford to ignore sustainability. This was true before coronavirus but is even more relevant in the midst of the pandemic.”

Effective ESG needs a smart digital platform, like our www.eaasi.co.uk solution, which is key because it can digitally transform the way businesses manage energy and utilities spend.

EaaSi automates procurement, bill validation and compliance, delivering immediate ‘productivity’ and cash-flow gains. It operates like an energy data hub and digital filing cabinet, enabling business to have a digital copy of a bill on the system and the platform.

EaaSi’s ‘formula’ has helped many of our clients claw back millions in over-payments on energy contracts.

At EaaSi we focus on energy spend management and compliance. Energy is the third highest overhead cost for most businesses so identifying where to cut costs and create efficiencies in consumption helps the business as well as the environment.

A key aspect of the green agenda is knowing how much, where and when businesses use and spend money on energy and utility bills.

Knowing when a business uses energy helps identify whether the business has efficient use and knowing how much energy is used identifies whether there are other economical reasons to change functions and processes to cut costs and by default cut carbon consumption and emissions.

Our compliance focus ensures buildings are environmentally and socially and legislative compliant for its impact on the environment, the people who occupy the building and aligned with government legislation and guidelines to deliver netzero2050.

Supporting the return of the economy and ensuring green ambitions can work together. Importantly businesses need data and visibility of the data to do both. Analytics for reporting and alerting and quantifying the opportunities to go green and reduce costs and emissions and to deliver insights so they can present an ESG strategy to stakeholders and the investor community.