In today’s business climate, sustainability planning and competitive advantage are closely linked. Investors and executives alike are realizing that Environmental, Social, and Governance (ESG) planning not only meets environmental obligations, it makes good business sense. Part of ESG planning involves establishing Sustainable Development Goals (SDGs) that both preserve our planet’s natural resources and protect an organization’s bottom line.
By transitioning from sustainability planning to verifiable positve ESG outcomes, businesses can help protect their bottom line as well as demonstrate its core values as they relate to stakeholder accountability, equality, diversity, inclusion, corporate social responsibility, and environmental concerns.
ESG Defined
Environmental Criteria (E) - Sustainability planning is essential to successfully address the E in ESG and includes the energy an organization uses, the resources it needs, the waste it discharges, and the consequences to the environment. The E considers how each organization affects and is affected by its environment. Sustainability planning is absolutely essential to successfully address the E in ESG.
Social Criteria (S) - The S in ESG includes the relationships within your organization and the reputation it fosters with people and the institutions in its communities where you do business. The S considers how a company manages its relationships with employees, suppliers, customers, and communities. It also applies to a company’s labor relations as well as its diversity and inclusion policies.
Governance (G) - The G in ESG considers the internal systems, controls and procedures that an organization has in place to govern itself, make effective decisions, comply with regulations, and meet the needs of stakeholders. The G includes C-suite decision makers, the board of directors, managers, shareholders and stakeholders.
4 – Steps To Developing Your Sustainability Blueprint
- Decode Your Energy Data – Understanding your energy usage by measuring, monitoring and analyzying your organization’s data.
- Determine Your Sustainability Goals – Establish short and long-term goals, timing, funding, and responsibilities for addressing environmental, economic and societal goals.
- Establish Internal Governance & Accountability – Develop internal controls, gain stakeholder buy-in, communicate sustainability strategies and plans including assignments, roles and responsibilities.
- Track, Analyze and Report Growth & Advancements – Set benchmarks, analyze your data and progress, and deliver reporting for transparency and critical adjustments for meeting your sustainability goals.
NextEra Energy Services helps commercial, industrial and institutional organizations develop customized and comprehensive energy management and sustainability plans that help clients leverage renewable energy resources and meet exceedingly stringent carbon reduction regulations while reducing energy costs, offsetting carbon emissions and mitigating exposure to energy market volatility.
As part of NextEra Energy Resources, the world’s largest generator of renewable energy from wind and sun and a leader in battery storage, NextEra Energy Services has the resources and expertise to provide sustainability plans and solutions that meet the evolving energy, budget and ESG reporting needs of your organization.
We are passionate about generating clean, renewable energy, while protecting the environment and giving back to the community.
Jim Robo, CEO | NextEra Energy Inc., 2020 ESG Report
A common element throughout our family of companies is a commitment to environmental excellence and sustainability, which is outlined in the NextEra Energy, Inc. ESG report. At Gexa Energy, we aim to always incorporate environmental stewardship into the design, construction and operation of our renewable energy projects.
Explore More Energy Options
Offsite Solar
When onsite solar isn’t an option for your organization due to the physical space available, offsite solar can be an excellent alternative for achieving your sustainability goals.
Onsite Solar
Commercial solar systems can be installed on company-owned rooftops, ground-mounted land, or erected as canopies over property or parking lots.
Community Solar
State and federal community solar programs can help organizations save money, meet sustainability goals, and earn Federal Investment Tax Credits (ITCs).
Gexa Energy Solutions, LLC is a subsidiary of Gexa Energy LP and NextEra Energy, Inc. ESCO (Energy Service Company) projects within Gexa Energy’s service territories are conducted by Gexa Energy Solutions.