NAFA Fleet Management Association (NAFA) announced a new ESG Reporting offering for the fleet community. Designed by fuel and fleet leaders, this reporting application allows fleets to calculate and track their emissions and emissions reductions.
“As the demand for Environmental, Social, and Governance (ESG) planning and reporting continues to grow, fleet professionals need resources that can help them efficiently and effectively calculate everything from emissions to cost savings,” says Mike Camnetar, CAFM, NAFA Board President. “ESG will play a critical role in the future of our industry, which is why NAFA is excited to bring this new technology offering to our valued members and community.”
ESGi
Designed by ESG integrity, a program developed by the Fuels Institute, the ESGi application allows fleet managers to confidently track and share their organization’s fleet operations ESG metrics. Through this new ESGi application, fleet professionals will be able to:
- Understand the impacts of ESG initiatives and create greater value for their organization
- Collect, compute, and report ESG metrics using emissions data through automated ESG reporting
- Confidently track and share their organization’s fleet operations ESG metrics with exportable ready-to-use reports
- Set goals to improve and set metrics
- Discover what ESG scoring bodies are looking for
- Receive significant cost savings on ESG reporting
Research has shown that investment in ESG initiatives can contribute a positive return on investment for companies. ESG reporting is quickly moving from a voluntary corporate PR tool to a regulated B2B prerequisite. ESG reporting consists of non-financial factors, such as carbon emissions, that organizations, including fleets, are expected to report data on. As ESG initiatives create value for organizations, it’s important for fleet managers to track and calculate emissions and emissions reductions.
Further, successful ESG programs can result in top-line growth, cost reductions, reduced regulatory and legal interventions, increased productivity, asset optimization, and enhanced operational performance. ESG reporting can help limit financial risk, improve an organization’s access to capital, and reduce operating expenses, among other impactful benefits. NAFA members will receive access to the ESGi application at a reduced license fee.
Find out more, visit www.nafa.org.
