Related FAQ
Should I voluntarily report publicly what my firm is doing in corporate sustainability?
Shareholders are increasingly expecting their companies to be socially and environmentally responsible and accountable. This is part of being a good corporate citizen, but it is also good business. It can: insulate the firm against public attacks that could hurt share value; protect the firm’s reputation and “license to grow”; give the firm a competitive advantage; and reduce regulatory risks and energy price risks. A firm that is confident enough to make its corporate sustainability a matter of public record is a firm that will inspire confidence in investors, stakeholders, employees and customers.
How will becoming more sustainable benefit my business?
Improving energy efficiency reduces your energy costs thus saving money. Many efficiency measures will pay back their cost within one or two years. Other renewable energy investments may have a longer payback, but with financial incentives, usually pay back in five years or less. An option for companies is to use a power purchase agreement (PPA) to finance a renewable power installation (solar, wind or hydro). With PPAs there is no upfront cost, and power is purchased at an agreed upon fixed rate. All of these measures, and others, reduce your exposure to unexpected utility rate increases and lower your carbon risk. In a broader sense, reducing carbon emissions and other pollutants creates a more sustainable future for everyone.
Where can I get help developing a corporate sustainability program?
Nexamp provides assistance for both large and small companies. Our low-cost advisory services can help your firm: determine its carbon footprint; set boundary conditions and short- and long-term goals; and develop a roadmap for implementing energy efficiency and renewable energy solutions to improve your corporate sustainability. We can also assist with organizational improvements that might be needed, brand enhancement that can result from “greening” your organization, and the development of monitoring, verification and reporting systems that meet world class standards.