We are launching an ESG solution: Simple and accurate measurement of your climate footprint

by House of Control | Sep 14, 2020 10:44:40 PM

At House of Control, we believe that companies that take climate change and social responsibility seriously should take decisions based on hard facts. Feelings and assumptions are “out” when people choose what do buy and where to work, while tangible and precise figures are “in”.

Have you ever considered that a large proportion of the “climate footprint” you as a company make can be traced back to the assets you have and the agreements you have signed? For example, the greenhouse gas emissions produced by the vehicles you lease? Or the electricity and water consumption at the premises you lease (or own)? Or the emissions generated by the flights your employees take as part of your corporate travel agreement?

Climate issues determine product and workplace choices
Companies’ climate balance sheets and corporate social responsibility are becoming increasingly important. More and more, this issue is determining which companies we buy from and where younger people apply for jobs. At House of Control, we are convinced that we have only seen the start of this trend. We are equally convinced that customers and employees will demand more facts about the measures companies are actually taking. The public will demand specific figures, while assumptions and feelings will become less important.

This is something we have addressed, so you can easily start accumulating accurate measurements. We are currently launching a new solution that, for many of our clients, will further boost the value of using Complete Control, the solution that gives clients full control over all their contracts and agreements. Our ESG solution enables users to link relevant measurements to everything that is registered in Complete Control.

ESG stands for Environmental, Social and Governance. Each of these areas contains aspects that can be quantifiably measured. To start with, we at House of Control will be focusing primarily on environment-related statistics, mainly because this is where the majority of relevant data can be found.

How to create a more accurate environmental balance sheet
Let’s take one of the examples we mentioned earlier – the company vehicle fleet. When we combine the digital driving log with the vehicle’s registration number, which in turn provides data about the model concerned from the the national road authority (Opplysningsrådet for veitrafikken in Norway, Transportstyrelsen in Sweden, Motorregistret in Denmark), we get extremely accurate figures for the vehicle’s CO2 and NOx emissions. Open APIs are the key to producing these numbers.

And, in this way, we can continue generating a large amount of quantifiable data. Wherever there is reliable and available data that can be accessed digitally and combined, we can create accurate figures. Statistics showing the company’s climate footprint are therefore always just a few keystrokes away, and are updated immediately the input data is updated.

The pilots we have presented this scheme to have already told us that the measurement of ESG figures has given them new impetus to cut their climate footprint. The message we often hear is that by this time next year emissions and consumption will be lower. Which is not too unlike what we achieve in the way of cost control for our clients.

Accurate measurements is the first step on the journey to prevent climate change
If you are to have any credibility when you tell the authorities, customers, employees and others that you are taking corporate social responsibility seriously, we believe it is crucial to be able to point to actual change. Can you boost revenues, while simultaneously reducing your climate footprint in relative terms?

We would really like to help you do so. And when we go from helping companies improve their bottom line to also helping them become greener, we are delighted (to put it mildly). Let’s have a chat about how your company can – more easily and accurately – measure and report on its ESG targets.

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