Jenny Yuen and Jawwad Rasheed discuss Alteryx's sustainability efforts, ESG reporting, and geospatial analysis for greenhouse gas emissions. They highlight Alteryx's commitment to ESG sustainability, collaboration with student groups, and case studies on energy performance. Also, they explore the role of banks in sustainable finance, the importance of individual and corporate sustainable practices, and the connection between sustainability and business success.
ESG encompasses environmental, social, and governance practices for company sustainability and ethical evaluation.
Alteryx supports ESG reporting through transparency, greenhouse gas calculations, global impact reports, and employee engagement events.
Deep dives
Understanding ESG: Environmental, Social, and Governance
ESG, which stands for Environmental, Social, and Governance, encompasses a wide range of topics related to a company's sustainability and ethical practices. These areas include carbon emissions, climate impact, community involvement, employee impact, board composition, risk management, and more. ESG is essential for investors, customers, and employees to evaluate companies. Companies like Altrix are being urged to be transparent about their environmental and societal impact.
Altrix's Sustainability Initiatives and Reports
Altrix initiated its ESG journey in 2021, focusing on transparency and accountability. Initiatives include calculating greenhouse gas emissions, publishing a global impact report, sustainability efforts in facilities, waste reduction, renewable energy partnerships, offsetting business travel emissions, and diversifying the supply chain. The Alter Eco Employee Resource Group organizes events for employees to engage in sustainability.
Challenges and Solutions in Improving ESG Reporting
Quantifying ESG data poses challenges in data collection and deriving insights. Altrix partnered with students on sustainability reporting, enhancing data workflows. Lessons learned internally are shared with customers to assist them in their ESG reporting. ESG reporting continues to evolve, emphasizing the interconnected nature of environmental, social, and governance factors.
Value of Altrix in ESG Reporting for Clients
Altrix aids clients like the UK London Borough Council and Northern Trust in improving ESG reporting. London Borough Council used Altrix for energy performance analysis of households, identifying investment opportunities for efficiency improvements. Northern Trust leveraged Altrix for sustainable fund analysis to attract investments based on ESG scores, promoting transparency and sustainability goals.
In this Earth-themed episode, Jenny Yuen and Jawwad Rasheed join us to discuss Alteryx's sustainability efforts and how Alteryx customers are using the product to improve their ESG reporting.
This episode was produced by Megan Bowers, Mike Cusic, and Matt Rotundo. Special thanks to Andy Uttley for the theme music and Mike Cusic for the for our album artwork.
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