ESG Standards and ESG Score
OIP-3While there are many guidelines for standards, SASB has developed "the best" 77 industry ESG standards to help identify, manage, and report on sustainability topics that currently matter most to investors.
As a whole, certain investors will screen companies based off their ESG strategies and many take into account the standardized ESG criteria or "scores". As ESG risk score gauges a company’s performance on ESG issues and rates their exposure to and experience with ESG-related risks.
Because an LED retrofit is an extremely environmentally-friendly decision, this type of project has become the standard and one of the first steps in developing and maintaining a solid ESG strategy.
ESG Strategies and LED Lighting
Many companies are taking steps towards a more socially and environmentally conscious future. And they're starting with LED lighting projects. Why?
Converting a company's interior and exterior lighting to LED lights is a very environmentally-friendly decision for several reasons. By converting to LEDS, a company can:
Reduce operational and energy costs
Recycle LED products and materials
Reduce their carbon footprint
LED retrofits have a significant impact on energy consumption and operational and maintenance costs. LEDs are the environmentally-friendly option, which makes sense that companies across the world are incorporating retrofits into their ESG initiatives.
