_________________________________________________________________________________________________________________ ESG
an opportunity for digital platforms to help businesses make further inroads on their path to achieving a gold standard of ESG .
Simplifying ESG compliance
Contrary to some industry perceptions , digital platforms can significantly simplify ESG compliance . Well-designed software provides a user-friendly experience , empowering teams to log and record every stage of a build and show that ESG , and technical due diligence , have been given due care and attention , with no room for confusion .
Digital platforms streamline documentation , communication , and reporting , seamlessly integrating ESG practices into operations . Detailed data collection logs each build stage with geotagged photographic evidence , while automated reporting converts this data into comprehensive reports for audits , supplier management , client communication and documentation .
This efficient documentation and tracking also minimises rework , saving time and resources . Meanwhile , rapid risk and cost assessments facilitate informed decisionmaking for sustainable and energy-efficient practices . Ultimately , this much-improved quality control significantly appeals to investors .
The most successful management and reporting tools have been designed to fill the ESG reporting gap , making document management easier and more time-efficient than ever before .
In a digital world where interoperability is becoming increasingly important , they can also assimilate easily with existing tech stacks for swift adoption and increased efficiency .
Making ESG happen
Looking at the evidence , there ’ s no doubt that ESG is playing an important role in making the construction industry more sustainable , more ethical and more accountable .
Indeed , research we recently conducted amongst our global customer base found that the majority of those surveyed found digital tools crucial towards meeting ESG . This ranged from reducing paper use ( 90 percent ) to keeping rework and waste to the bare minimum ( 60 percent ). It ’ s clear proof that these systems are helping deliver better outcomes throughout the construction supply chain .
However , there ’ s more . Few also realise the role digital tools play in helping to secure funding for projects . ESG compliance is not just a regulatory checkbox ; it ’ s a golden ticket to sustainable growth and robust investment opportunities .
Construction companies looking to futureproof their business should realise the potential of ESG to spur investment , helping to bring increasingly socially conscious investors to the table .
Here , the importance of digital tools to collate and manage the required information to make a strong business case should not be underestimated . Those able to clearly produce accurate evidence they ’ re ‘ doing the right thing ’ will have the competitive edge , with the latest information management platforms delivering that essential agility to capture market share before your rivals do . ■
For a list of the sources used in this article , please contact the editor .
Rob Norton www . planradar . com
Rob Norton is UK Director at PlanRadar . PlanRadar is an award-winning , digital SaaS field management platform for documentation , task management and communication in construction , facility management and real estate projects . The platform operates across the globe , currently in over 75 markets , digitising all daily processes and communication across real estate and construction .
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