ESG Solutions
Increase Your ESG Score
FES believes that the “cleanest energy is the energy that you don’t have to use”. We provide a wide range of services that can assist clients with compliance to their corporate ESG goals. As environmental standards become more important in business operations, it is critical that you have a corporate energy strategy to improve energy efficiency. Our services help our clients reduce energy consumption, become more energy efficient, and improve their total environmental impact.
ESG Goal Setting
ESG goal setting involves establishing clear, measurable objectives aimed at improving a company’s impact on society, the environment, and its own governance structures. These goals can range from reducing carbon emissions and enhancing workplace diversity to improving supply chain sustainability, serving as a roadmap for the organization’s longer-term energy strategy and accountability metrics.
Pathway To Modernization
Adopting an ESG framework can serve as a pathway to modernization for companies, pushing them to innovate and adopt the latest sustainable technologies, ethical practices, and governance standards. By setting and meeting ESG goals, organizations not only improve their social and environmental impacts but also often find themselves better positioned for long-term success in an increasingly competitive and socially conscious marketplace.
Carbon Offset Studies
In the context of ESG, carbon offset studies are often conducted to assess the feasibility and impact of investing in projects that capture or reduce greenhouse gas emissions, as a way to balance or negate a company’s own carbon footprint. These studies can provide valuable data to help organizations meet their ESG goals related to environmental sustainability, offering a quantifiable method to demonstrate commitment to climate change mitigation.
Energy Reduction Studies
ESGgoals often include targets for reducing energy consumption, and energy reduction studies supported by M&V can provide the empirical data needed to assess the effectiveness of these initiatives. Through M&V, organizations can quantify the actual energy savings realized from various interventions, offering a data-driven approach to validate their progress toward meeting ESG objectives related to energy efficiency and environmental sustainability.
Become More Sustainable
Achieving a higher ESG score through energy efficiency initiatives can significantly enhance a business’s reputation, making it more attractive to investors, clients, and talent who prioritize sustainability.
Operational cost savings
In addition to becoming more sustainable, energy efficiency measures can help to reduce total operating costs.
Reduced regulatory risks
Eliminate potential regulatory risk for not properly managing your carbon output. An ESG plan can help you get on track.
Eligibility for green incentives
By adopting an effective ESG strategy, many of your implementations might qualify for energy efficiency incentive money.
Frequently Asked Questions
Understanding the interplay between ESG performance and energy efficiency can offer commercial and industrial facilities a strategic pathway to both environmental stewardship and long-term business success.
ESG stands for Environmental, Social, and Governance, three key factors used to evaluate a company's impact on society and the environment. Energy efficiency projects directly relate to the "Environmental" component by reducing energy consumption and lowering greenhouse gas emissions, thereby improving a company's ESG performance.
A strong ESG score can make a business more attractive to investors, shareholders, and consumers who are increasingly concerned about sustainability. Additionally, a higher ESG score can lead to cost savings through energy efficiency, reduced risk of regulatory penalties, and access to sustainable finance options.
Implementing energy efficiency measures, such as upgrading to high-efficiency HVAC systems or optimizing production processes, can significantly reduce energy consumption and carbon emissions. These actions directly contribute to improving the "Environmental" aspect of a company's ESG score.
Yes, a strong focus on ESG can make it easier to secure financing for energy efficiency projects. Some financial institutions offer lower interest rates or preferential terms for projects that contribute to sustainability goals, including energy efficiency initiatives.
Projects that offer significant, measurable reductions in energy consumption and greenhouse gas emissions are typically the most impactful. This could include retrofitting lighting systems to LED, optimizing HVAC systems, installing energy-efficient machinery, or even switching to renewable energy sources.
Companies can include their energy efficiency achievements in annual sustainability reports, press releases, and investor presentations. Utilizing third-party verification for the results (e.g., Measurement and Verification) can add credibility and may even be required by certain ESG reporting frameworks.
Why FES?
We’re here to help! FES is a boutique engineering firm offering customized solutions that are specific to the needs of your building and personnel. After a thorough on-site evaluation, FES will provide a list of recommended energy efficiency measures available for implementation with internal resources (at your own pace), or you can choose to let us manage the project from start to finish. Our identified solutions will allow for more efficient building operation with improved reliability while reducing your overall utility costs.
