Sector specific sustainability expertise
At Energise we understand that each industry faces different sustainability challenges and opportunities. We know that you are looking for expertise you can trust. Our sector-specific knowledge enables us to tailor solutions to your needs. This ensures you meet your sustainability goals effectively and efficiently.
Whatever your sector, we can help you identify and address the sustainability challenges facing your business.
How does sector impact sustainability?
In one sense, it doesn’t. The building blocks are the same whichever sector you operate in. However, selecting a sustainability consultant with specific sector expertise can help you get real value for money.
At Energise, it is our energy expertise that sets us apart. That means that we are well placed to support energy-intensive operations and help you decarbonise. But we also see businesses at the other end of the spectrum – those who need a clear plan to decarbonise their own operations to achieve Net Zero, because their business model has relatively low emissions impact.
One way to think about sustainability: What would stop you from creating value as a business? What obstacles could hinder your profitability?
While we know that most people want to do the ‘right‘ thing, business success often has to come first. Whether you’re starting with compliance, cost-saving, or decarbonisation, we are here to help. We delve into your motivations and ambitions to help you move forward.
Sector-specific sustainability risks
The sector you operate in impacts your sustainability risks. The nature of the risks you face will affect how you manage them. The way you manage these risks is your business approach to sustainability.
For some businesses, people are your biggest asset and therefore your biggest risk. Perhaps you’ve reviewed your people turnover, and seen that people aren’t staying as long as you want. Energise could support you in embedding a commitment to equality, diversity and inclusion.
You might have completed a compliance process (ESOS or SECR) and be curious about what to do next. We can help you save energy, money and carbon through a service that’s right for you.
Preparing for the UK Sustainability Reporting Standards (UK SRS)
A lot has changed in sustainability reporting and regulation in recent years. Currently the UK is reviewing how it might develop reporting standards further, with the consultation currently open.
A simple summary of the currently proposed reporting approach is that companies are required to disclose against two standards: IFRS S1 and S2:
IFRS S1:
- Outline how climate-change might impact your business.
- Explain your approach to monitoring and managing those risks.
- Outline how you plan to capitalise on any climate-related opportunities.
- What are the sustainability risks that might affect your business?
- How are you managing those risks?
You might recognise this structure from the Taskforce on Climate-related Financial Disclosures (TCFD). The beauty of these questions is that it doesn’t matter what your business is, the size of your turnover or number of employees. These are questions that will help you prepare for long term, sustainable business success.
Whilst these standards are in consultation, you can use the questions to frame how your business integrates sustainability. Whether you need help asking questions, or finding answers, we can help you navigate your next steps.
Potential business benefits of UK SRS disclosure
The UK government expects the use of UK SRS to support a more resilient and financially stable market. It anticipates reduced cost of capital for entities providing investors with relevant information. This then supports the UK government’s ambition to be a global centre for sustainable finance.
Whatever happens with sustainability reporting in the UK, we have seen our customers tackle these questions and build their business resilience.
Your sector and the UK SRS
What does all this have to do with my sector?
If you are looking at these questions and wondering what the boundaries are of sustainability, then this is for you. Whilst there is a huge amount that you could include, there are some resources that you can refer to to help.
For IFRS S2, you can either follow your own process to identify potential sustainability risks, or use the SASB materials. These were created in 2011. The SASB was a US-based non-profit organisation that created industry-specific standards to guide company disclosures of financially-material sustainability information. The SASB’s goal was to develop standards for voluntary use in corporate filings to the United States Securities and Exchange Commission (SEC). That means the metrics are US focused, but they are currently being reviewed (by their new owner, ISSB) to be more internationally applicable.
The UK SRS is likely to include a reference to these resources. Within these pages we have drawn on them to help you thinking about sustainability in the context of your business sector.
Tailored sustainability solutions for your sector
We’ve designed these pages to help you understand our sector-specific impact. At Energise, no two client journeys are the same but 90% of our current customers are repeat business. They trust us to deliver.
We strive to understand our clients’ needs and help them succeed. What you will read is how we work with customers in a range of sectors to help them manage the sustainability risks facing their business. Each sector has its own crucial role to play in enabling us to meet our Net Zero commitment.
Digital & Technology
We understand the energy demands of cutting-edge technology. We are committed to helping you optimise your efficiency.
Professional Services
Often these businesses have a modest environmental footprint. Decarbonising your operations and understanding Scope 3 emissions are key to achieving Net Zero.