Companies must be increasingly mindful of their carbon footprint and environmental, social, and governance (ESG) factors in today's rapidly changing global landscape.
One primary reason is the growing awareness and concern among consumers, investors, and regulators about the long-term impacts of climate change, resource depletion, and social inequality.
As a result, organizations that incorporate sustainable practices into their operations and decision-making processes are more likely to gain a competitive edge, attract investment, and maintain a strong reputation.
While managing carbon footprint and ESG factors undoubtedly benefits companies, managing these aspects can be labour-intensive and challenging.
Determining what to include in a carbon footprint involves understanding the company's direct and indirect emissions and supply chain emissions.
The complexity of these calculations can be overwhelming, especially for businesses lacking the necessary experience or resources to measure and analyze their environmental impact effectively.