Air Monitor Flow Measurement Devices for ESG Reporting
ESG Meaning
ESG – or Environmental, Social, and Governance – has become more important in recent years. It is the practice of investors incorporating and applying non-financial factors to their system of analysis when determining risk and growth opportunities.
ESG Investing
ESG strategy in investments is part of the new wave of socially responsible investing. Taking on ESG practices has demonstrated several benefits to investors such as lower volatility, higher employee productivity, and reduced regulatory and legal interventions.
ESG Criteria
Environmental criteria may include how a company performs as a steward of nature. Social criteria can encompass a company’s relationships with their employees, suppliers, customers, and the communities in which it operates. Governance criteria are based on internal leadership, executive pay, audits, internal controls, and shareholder rights. Companies involved in the oil & gas, petrochemical, and chemical industries have more frequently encountered the review of ESG criteria being applied to the vendor acceptance process. This may include a requirement of ESG reporting to disclose a how a company is implementing ESG strategy into their operations or how well they are meeting their ESG goals.
Airflow Measurement for ESG Reporting
Flow measurement devices are increasingly being used to help companies meet their environmental criteria for ESG reporting. Air Monitor’s line of CEM (Continuous Emissions Monitoring) products provides precise measurements when assessing the particulate matter concentration or emission rate in various industrial applications. A properly functioning continuous air monitoring system ensures your facility meets environmental regulations and standards.
This data can be recorded, analyzed, and published online along with a statement regarding their emissions reduction goals.
ESG Statement from Air Monitor
Visit the Air Monitor ESG Page to learn more about Fox’s commitment to ESG.