ESG is a new business approach that emphasizes social and environmental concerns. Besides being a trend that investors are increasingly paying attention to, the growing severity of environmental issues is compelling businesses to focus on adapting for environmental sustainability.
One of the key factors that can help businesses reduce their environmental impact and achieve their ESG goals is the reduction of carbon dioxide emissions. In today's increasingly complex business environment, we need appropriate and effective tools to achieve that goal.
The Carbon Emission Dashboard combines the power of AI and data analytics to create an intelligent dashboard, which will be a crucial aid in reducing businesses' carbon emissions. Let's dive deeper into the Carbon Emission Dashboard in this article.
What is ESG?
ESG stands for ‘Environment,’ ‘Social,’ and ‘Governance.’ It is a concept focused on operating a business sustainably, not just prioritizing profit, but also emphasizing these three aspects. ESG has become a key concept that investors use when considering investments in companies. Additionally, ESG can be used to assess a company's potential for long-term growth.
The three aspects are detailed as follows:
Environment: Businesses must prioritize the environment by optimizing resources, conserving energy, and, most importantly, minimizing the negative impact on the environment, such as reducing carbon emissions as much as possible for a safer and better world in the long term.
Social: Businesses must maintain good relationships with society and stakeholders, including customers, communities, employees, and society at large. They must address social issues such as human rights, fair compensation, equality, community engagement, and ensuring the safety of products and services, as well as contributing to community and societal development.
Governance: Businesses must focus on proper, transparent, and effective management practices. This includes establishing appropriate and fair regulations, policies, and organizational structures, as well as emphasizing transparency and fairness in all operational processes.
Carbon Emissions: A Key to Achieving ESG
In 2022, statistics from The International Energy Agency (IEA) revealed that carbon dioxide emissions reached an all-time high of 36.8 Gt CO2. Therefore, reducing carbon dioxide emissions has become an urgent matter for every business.
Addressing environmental issues is crucial for achieving an organization's ESG goals, and focusing on reducing carbon dioxide emissions in business operations is a critical step for businesses aiming to meet these targets. It can also help attract investors, manage risks, and enhance long-term business potential while contributing to the conservation and restoration of the environment for all.
Carbon Emission Dashboard: Intelligent Technology for the Environment
To effectively reduce carbon dioxide emissions in a business, businesses should start by gaining a comprehensive view of carbon emissions across the entire operation. This helps identify areas for improvement and further reduction, ensuring compliance with environmental laws and maintaining safety standards.
The Carbon Emission Dashboard is a tool designed to address carbon reduction in businesses, driven by AI and data analytics technology. It offers the following features:
Real-time Data Collection and Analysis:Â The AI model behind the Dashboard can collect energy usage and carbon emission data from all parts of the operation in real time. It connects with various devices such as IoT devices and smart meters and then displays the data on the Dashboard. This allows businesses to continuously monitor their energy overview, accurately track sources and amounts of carbon emissions, and adjust their energy management strategies accordingly.
Real-time Progress Tracking:Â The Dashboard can display the progress of an organization's sustainability goals in real-time, measured by indicators such as carbon emissions and the use of clean energy.
Trend Prediction:Â The AI model can perform predictive analytics, forecasting future carbon emission trends by analyzing historical data, external factors, related carbon emission data sets, and market trends. This enables businesses to plan and manage carbon-related issues proactively.
Efficiency Improvement Plans: The system can analyze all organizational data throughout the supply chain and suggest efficiency improvement plans, such as increasing the use of clean energy, purchasing carbon credits, and reducing electricity usage to lower carbon emissions. It also helps plan efficient energy resource allocation.
Automated Report Generation:Â In addition to displaying results on the Dashboard, the AI model can automatically generate accurate and ready-to-use reports. This facilitates quick communication with stakeholders or carbon footprint certification agencies.
All these features are presented through an interactive dashboard, customizable to different usage needs, with visualization designed for easy understanding. It provides clear insights into complex data and updates in real time.
Benefits of the Carbon Emission Dashboard for Businesses
Facilitate energy usage management and goals achievement:Â Having a real-time dashboard allows businesses to monitor the situation, adjust energy management plans, and report progress on reducing carbon emissions transparently and clearly.
Identify areas for improvement:Â The dashboard provides a comprehensive view of carbon emissions and other environmental indicators within the organization, highlighting areas that can be further improved to achieve environmental goals.
Reduce costs:Â Reducing carbon emissions often goes hand-in-hand with reducing energy consumption, leading to lower energy costs for the business.
Enhance business image:Â Implementing the Carbon Emission Dashboard demonstrates a commitment to reducing environmental impact, which helps build a positive business image and can win the trust of customers and investors.
Reduce risks: Reducing carbon emissions using the Carbon Emission Dashboard helps mitigate energy-related risks, such as non-compliance with energy regulations, energy shortages, and environmental issues.
At Sertis, we combine the power of AI and data analytics to develop a precise, efficient Carbon Emission Dashboard tailored to the needs of each business, helping them achieve their ESG goals and build a sustainably successful business.
Learn more about the Carbon Emission Dashboard and Sertis’ energy solutions at: https://www.sertiscorp.com/ai-energy
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