How To Use A Data Management System To Improve Your ESG Performance
Data Management: stop guessing and start making informed decisions that achieve real results!
Antoine de Saint-Exupéry once said “A goal without a plan is just a wish”.
I couldn’t agree more. Without a plan, you’re basically lost and hoping you’ll get to where you want to go. But to make a plan you need to know where you are, what is on the road ahead of you, and understand if you’re heading in the right direction. In the world of sustainability this is where data comes in.
As I mentioned in my last blog, we create massive amounts of data in our buildings every day. The challenge is making sense of it all, allowing us to understand what the impacts of our actions are, and what we need to do (or not do) to reach our end goal.
A data management solution, therefore, is essential in helping you achieve your objectives – understanding your data will allow you to understand your challenges and make the right decisions.
Using SIERA, we have been able to identify energy savings of between 10-15% on average for our clients, without any CAPEX costs. Let’s put this figure into perspective for a moment: Investment buildings consume around 40% of the worlds energy and contribute up to 30% of Greenhouse Gas (GHG) emissions. Imagine what results we could achieve collectively, globally, with said 10-15% energy savings!
More than 95% of the world’s building stock is in existing buildings, and although we are making great advances in green technologies for new buildings, we need to make sure that we optimise the use of our existing ones as well.
Besides the potential of energy savings and GHG reductions, there are many other benefits to managing and sharing your data:
- You can find and understand your data, allowing you to make more informed decisions
- Business continuity if staff leave or new team members join
- Avoid unnecessary duplication e.g. re-collecting or re-working data
- Sharing data leads to more collaboration amongst teams
- Improved scores on sustainability benchmarks through better management/data collection
Data management is not just about collating and reporting out the data. It is about understanding the data you’re producing to make informed decisions based on the results of your actions.
“However beautiful the strategy, you should occasionally look at the results.” – Sir Winston Churchill
If you would like to learn more about the positive impact a data management system can have, please join our experts and GRESB on July 6th at 9.30 BST at our free webinar. More details on the webinar here.
In one hour, you’ll see how easy it can be to improve the energy efficiency and sustainability of your buildings, and achieve your ESG goals!
PS – SIERA is now on Twitter! Here’s our first Tweet, which has already got people talking!
We’re @evoraglobal‘s #sustainability #data management software. SIERA does so much for you & your portfolio. Explore the pics for a taster! pic.twitter.com/UKwzy7P4AJ
— SIERA Sustainability (@sierasoftware) June 14, 2017