The ESG Portal Declaration allows companies to transparently show how they operate and which measures they adopted to meet the growing demands of sustainable development
Companies can publish their ESG Portal declaration by gaining access to a survey built upon a shared model using internationnaly recognized standards and in compliance with the current legislation.
ESG Portal is a showcase for companies which make sustainability a pillar of their development. It offers a web platform that allows to share in a uniform, transparent and durable way their actions and results.
The survey consists of three key areas:
In the ESG Portal Declaration, companies report their greenhouse gases emissions using the standard unit of measure (CO2e), both in absolute terms and in relation to their activities (emission intensity).
Emissions are divided into the three categories (Scopes) defined in the GHG Protocol. They include direct emissions (Scope 1), indirect emissions caused by the consumption of electricity, steam and heat (Scope 2) and indirect emissions caused by the production chain.
ESG Portal also provides tools to help organizations calculate their emissions.
Water is an essential resource for humans, their health and their activities. Ensuring a sustainable management of water and aquatic ecosystems, preserving quality and availability, is a key challenge of the present times.
In the ESG Declaration, the company reports on its water consumption, taking into account the water stress level of procurement areas.
Growth and globalization both contributed to the increase in waste production and handling woldwide, thus requiring a careful analisys of its management, correct disposal or recycling and transportation.
In the ESG Portal Declaration, the company reports the total amount of waste produced, both hazardous and non-hazardous.
Companies of any size, sector and geographic location should proactively approach sustainable develpoment.
The idea that sustainability only concerns the environmental issue is obsolete.
Social aspects are a fundamental part of the ESG principles, despite being a less researched topic than environmental or financial matters.
The ESG Portal Declaration covers multiple aspects:
The ESG Declaration allows companies to describe, in an uniform way, their organizational structure, firstly defining their legal status and declaring the possession of the athorizations necessary to carry out their activities and required by the law.
The company can describe the measures taken to ensure the business continuity and its ability to withstand adverse events that could seriously compromise the business activities (disaster recovery), including the correct management and protection of technological systems and information.
In order to do so, the company should have conducted an in depth and documented risk assessment, supported by evidence, starting from the regulatory aspects.
In the ESG Portal Declaration, the company can report on its ethical conduct, describing values, principles, codes of conduct and adopted standards, also useful for the safeguard of the corporate image.
The company can report on the frequency of the communications to interested parties, as well as describing the measures adopted to report miscondut and illegal acts without risk of retaliation.
Setting goals is of utmost importance to have a clear course in the field of sutainable development.
The ESG Portal Declaration has a section where the company can share its sustainable development objectives, categorized according to the 17 Sustainable Development Goals defined in the UN Agenda 2030.