FAQs
Environmental, Social, and Governance (ESG) refers to the three central factors in measuring the sustainability and societal impact of an investment in a company or business. These criteria help to better determine the future financial performance of companies (return and risk).
ESG reporting is essential for companies to demonstrate transparency and accountability in their operations. It helps build trust with stakeholders, including investors, customers, and employees, by showcasing the company’s commitment to sustainable practices and ethical governance. Moreover, it can enhance a company’s reputation and provide a competitive edge.
Regulations for ESG reporting vary by region and industry, but they generally include guidelines from organizations such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD). In some jurisdictions, there are mandatory requirements, while others follow a voluntary approach.
The United Nations Development Programme (UNDP) is dedicated to supporting countries in achieving sustainable development and reducing poverty worldwide. The core objectives of UNDP are aligned with the Sustainable Development Goals (SDGs) established by the United Nations. These goals are a universal call to action to end poverty, protect the planet, and ensure peace and prosperity for all by 2030.
Climate Action (SDG 13): RS Metrics provides geospatial data and analytics to help companies and governments understand and mitigate the impacts of climate change.
Industry, Innovation, and Infrastructure (SDG 9): By offering cutting-edge geospatial analytics, RS Metrics supports the development of resilient infrastructure and fosters innovation. Their data helps industries optimize operations and improve efficiency.
Responsible Consumption and Production (SDG 12): RS Metrics’ insights enable companies to adopt more sustainable practices by providing data on resource usage and environmental impacts, promoting efficient resource management and reducing waste.
Life on Land (SDG 15): Their geospatial analytics can be used to monitor land use changes, deforestation, and biodiversity loss, supporting conservation efforts and sustainable land management practices.
ESG assurance ensures the credibility and accuracy of the data reported by a company. It involves third-party verification of the ESG information, which enhances stakeholder trust and confidence in the company’s sustainability claims. Assurance also helps identify areas for improvement and aligns reporting with regulatory requirements and best practices.
Social responsibility in ESG covers aspects such as labor practices, human rights, community impact, and customer satisfaction. It involves ensuring fair treatment of employees, ethical business practices, and contributing positively to the communities where the company operates. Social responsibility aims to create a positive societal impact and build strong relationships with stakeholders.
ESG investing, also known as sustainable investing, integrates environmental, social, and governance factors into investment decisions. Investors consider these factors to identify companies that are not only financially profitable but also contribute positively to society and the environment. ESG investing aims to achieve long-term returns by supporting sustainable business practices.
To increase the ROI of a sustainability strategy, companies can integrate ESG factors into their core business operations, set clear and measurable goals, and leverage technology for data collection and analysis. Engaging stakeholders and transparently communicating progress can also enhance reputation and drive financial performance. Additionally, investing in innovation and sustainable solutions can create new revenue streams and reduce operational costs.
Company
RS Metrics specializes in delivering global geospatial datasets at the asset level to provide fundamental insights, trends, and predictive signals for businesses and investors. Our services cater to ESG, climate and physical risk, industrials, and commercial real estate sectors, utilizing advanced computer vision, machine learning, and a patented technology platform.
RS Metrics serves a wide range of industries, including utilities, oil and gas, metals and mining, retail, industrial real estate, logistics, and more. Their solutions are designed to meet the specific needs of various sectors by providing detailed ESG and sustainability data that helps companies manage risks and improve operational efficiency.
RS Metrics’ approach to sustainability data is unique due to its use of advanced satellite-driven intelligence combined with AI and machine learning. This allows for the precise tracking and analysis of environmental and operational data at an asset level. Their platform provides real-time updates and historical data, enabling proactive risk management and informed decision-making. Additionally, their solutions offer deep integration with core business systems, making it easier for companies to incorporate ESG considerations into their overall strategy.
The Taskforce on Nature-related Financial Disclosures (TNFD) is an organization that aims to develop and deliver a framework for organizations to report and act on evolving nature-related risks. This initiative seeks to shift global financial flows towards nature-positive outcomes, enhancing the resilience of economies, businesses, and financial systems.
RS Metrics supports the TNFD framework by providing a platform for measuring asset-level biodiversity and climate risk, preloaded with the market-leading Asset Database (AssetTracker) and associated climate metrics. As a member of the TNFD data catalyst program, RS Metrics offers tools and data necessary for businesses to assess and report on their nature-related risks effectively.
ENCORE, provided by the Natural Capital Finance Alliance, helps financial companies assess nature-related performance. RS Metrics has integrated ENCORE’s materiality mapping into ESGSignals®, allowing for a more efficient assessment process and accurate company-environment dependency matching.
ESGSignals® offers precise and data-driven insights that align with TNFD standards, making it an excellent choice for biodiversity company disclosures. It includes various nature-related metrics and provides simple integration into financial reports, meeting the requirements of CSRD and the SEC’s proposed climate-related disclosure rule.
RS Metrics uses advanced computer vision, machine learning, and a scaled QC workflow to generate accurate, predictive, and consumable information. This ensures that our clients receive the most up-to-date and comprehensive ESG analytics available.
RS Metrics’ ESGSignals® tool includes key materiality mapping and nature-related metrics from ENCORE and IBAT. This comprehensive data supports accurate and reliable biodiversity disclosures, helping companies manage sustainability goals and investments strategically.
The new ISIC Industry Classification enhances the granularity and precision of materiality ratings within ESGSignals®. This helps clients better understand and manage their environmental dependencies, contributing to more informed decision-making.
