Sustainability is a long-term goal for our society to meet the needs of economic growth at its current speed with the least amount of impact on the environment 1. It is built on the notion that natural resources on Earth are finite, so supporting sustainable practices helps maintain a balance between environment, economy, and equity 1.
A system for sustainability is necessary for companies to achieve their sustainability goals. Here are some reasons why:
Regulations: There are tens of regulations that are rapidly evolving, and it can be challenging for companies to keep up with them. A sustainability system can help companies stay compliant with these regulations 2.
Customers: Companies have hundreds of customers with unique data formats and requirements. A sustainability system can help companies manage this data and provide accurate information to their customers 2.
Financial value: Using first-party operational data over industry averages can increase financial value 2.
Automated certification: A sustainability system can automate certification from third parties, making the process more efficient and less time-consuming 2.
Accurate data: A sustainability system can provide accurate data that includes granular scope-3 data 2.
Repeatable, auditable, and traceable: A sustainability system can ensure that sustainability practices are repeatable, auditable, and traceable 2.
Security: A sustainability system can be secure from IP theft and leakage 2.
By implementing a sustainability system, companies can ensure that they are meeting their sustainability goals while also improving their bottom line 2.
I hope this helps! Let me know if you have any other questions or if there’s anything else I can help you with.
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