ESG Programs have gained an increased sense of importance among businesses across the country and for good reason. ESG’s or Environmental, Social and Governance Programs are currently helping organizations and businesses access capital, increase the value and reputation of their company all while reducing costs. With more companies taking advantage of these programs you might be asking these questions.
What exactly are ESG’s? How can Stilwell Solar help?
Companies implementing Environmental, Social and Governance Programs (ESG’s) are showing their customers, employees, and potential investors that they are taking steps toward sustainability and corporate social responsibility. When a company implements an ESG strategy they are not only differentiating themselves as a socially responsible company, they are taking a major step towards reducing costs thru efficiency and additional opportunities provided by a strong ESG program. One of the most effective, easy to implement, tools for your businesses ESG strategy should be a renewable energy. Stilwell Solar experts have helped many organizations and businesses harness the power of renewable energy to launch their ESGs and start savings on energy.
Benefits of ESG’s
Your company Environmental, Social and Governance Program can provide benefits immediately in the form of energy savings by installing a solar system, but this is just one of the many benefits. Having renewable energy bolster your ESG programs credentials can help your organization in a myriad of ways. Investment firms are increasingly putting a high value on environmental sustainability programs when evaluating companies. A strong environmental, social and governance program can result in increased company valuations as well as better financing and loan terms. Commercial property owners have additional reasons to invest in ESG programs as large brands look closely at environmental sustainability when looking at locations for both their brand reputations as well as fiduciary responsibilities. As a property owner the cost savings of implementing an ESG are a no brainer for the energy savings alone, but there are more specific reasons that solar in particular is a great investment.
Why Solar for my ESG?
There are many steps you can take to bolster your businesses Environmental, Social and Governance Program but solar is particular is the best option to get started with for a few reason. Solar is the most cost-effective and quantifiable means to show an active and successful ESG program. Solar monitoring and reporting makes solar one of the most effective ways to show investors and interested parties that your business takes social and environmental sustainability seriously. Reporting requirements for ESG programs can be confusing, with entities requiring different information and standards. What is great about solar is that our reporting systems integrate with the large standard systems for monitoring energy production and environmental impact. This is invaluable to businesses and REITs that are required to show the sustainability and environmental impact of their governance programs.
Implementing Solar in your ESG
With the increased importance of Environmental, Social and Governance Programs across all industries there is no time like the present to get your companies up and running. Through solar leases businesses are able to implement their renewable energy strategy with no up-front costs. The ability to quickly implement solar across multiple locations without upfront costs makes commercial solar particularly attractive to companies who are ready to get started saving on energy and in a quantifiable and sustainable way.
Speak with a Stilwell Expert today and let us help guide your business to a brighter sustainable future.