{"id":19686,"date":"2022-01-28T06:57:00","date_gmt":"2022-01-28T14:57:00","guid":{"rendered":"https:\/\/copperleaf-test.majortom.dev\/webinar-recap-operationalizing-esg-for-sustainability-success\/"},"modified":"2023-03-16T09:49:46","modified_gmt":"2023-03-16T16:49:46","slug":"webinar-recap-operationalizing-esg-for-sustainability-success","status":"publish","type":"post","link":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-operationalizing-esg-for-sustainability-success\/","title":{"rendered":"Webinar Recap: Operationalizing ESG for Sustainability Success"},"content":{"rendered":"

As the world moves towards a more sustainable and socially-conscious society, businesses are under pressure to keep up\u2014and utilities are no different. Pursuing Environmental, Social, and Governance (ESG)<\/a> initiatives adds complexity to investment planning and decision making by introducing additional criteria to be considered. Organizations must strike a balance between meeting existing business commitments and goals, while also delivering on increasingly important ESG-driven outcomes. Copperleaf\u00ae<\/span> is turning this challenge into an opportunity.<\/p>\n

In a recent webinar hosted by Zpryme, Marc Campbell<\/a>, Manager of Sustainability Policy and Programs at Salt River Project (SRP)<\/a>, and Boudewijn Neijens<\/a>, CMO of Copperleaf, discussed the rising importance of ESG, and the need to assess the value of potential projects from a variety of different angles. The panelists explained how Copperleaf helps clients like SRP expand<\/strong>\u00a0their business cases to include ESG and sustainability measures, embed<\/strong>\u00a0sustainability in decision-making across the organization, and demonstrate<\/strong> the highest-value plan to stakeholders with confidence.<\/p>\n

Expand Business Cases to Include ESG Measures<\/h4>\n

While the importance of ESG is increasing, there is still no official definition of what falls under each of the three pillars. As Marc explained: \u201cthe discipline of sustainability hasn’t settled on a universal definition, and that can make it more challenging to firmly establish a deep corporate understanding\u2014because of the appearance of building a foundation on sand.\u201d<\/p>\n

Copperleaf has compressed the various definitions with input from ESG experts to create the following overview. Elements highlighted in bold can be directly impacted by good asset investment planning and management processes.<\/span><\/p>\n

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As Boudewijn explains in the following video clip, a\u00a0project\u2019s value can be measured by summing up its contribution to one or more of the criteria highlighted in the diagram above. ESG criteria can be incorporated into an existing value framework or can be the trigger to build a value framework for the first time.\u00a0This ensures all relevant ESG criteria are accounted for, form part of business cases, and are valued appropriately.<\/p>\n