EHS and Sustainability
Environmental and sustainability performance are increasingly perceived by investors as leading indicators for long-term shareholder value creation. The reason is that effective corporate sustainability strategies, including those intended to reduce environmental impact, address all aspects of the business value chain. Revenues, operational costs, risk profiles, and capital costs all benefit from the conscientious development and implementation of sustainable business strategies. It should not come as a surprise that shareholders are now using performance in sustainability and environmental excellence as a proxy for management effectiveness.
The Value of Exceptional Environmental and Sustainability Performance is increasing. While many corporations are pursuing environmentally sound product designs and sustainable brand development, few consider how sustainability performance and the performance of their Environmental/Health/Safety (EHS) functions supports or detracts from those efforts. Increasing interest in environmental products present market opportunities, but also risks to those corporations who do not ‘walk the talk’ by pursuing sustainability and environmental performance excellence. A single environmental event can sabotage tens of millions of dollars in well-intentioned brand and product innovation efforts.
In addition to revenue risks, poor EHS and sustainability performance will soon lead to competitive cost disadvantages. Anticipated GHG emissions legislation will have economic consequences. Companies that manage GHG emissions well will have cost advantages over those that do not.
Today’s EHS functions are under enormous pressure to improve Sustainability and environmental performance and minimize corporate environmental and greenwashing risks. Factors critical to exceptional environmental (and health and safety) performance include:
- Environmental impact as a component of asset and product portfolio management;
- Operational resource efficiency (water, energy, feedstocks) and the role of innovation;
- Governance, management systems, and reporting;
- Stakeholder (shareholder, regulator, NGO, employee, supplier) engagement;
- EHS Organizational and process designs and optimization;
- Greenhouse gas emissions measurement and economic consequence management.
MetaVu’s experience in industries with heavy environmental footprints help the Company deliver exceptional value to its clients through EHS performance measurement and improvement. Services include:
- Definition, development, and implementation of management strategies;
- Performance assessment and peer benchmarking;
- EHS Organization and Management System process design evaluation and optimization;
- Development of environmental performance measurement metrics;
- Identification and enhancement of organizational capabilities, management systems, and tools.