Environmental, Social & Governance (ESG)

The increasing urgency of the climate crisis has brought environmental, social and governance (ESG) into the spotlight for many businesses, and the deployment of IoT technologies has a key role to play in facilitating and evidencing robust ESG strategies.

CODA can support businesses in their drive to become more environmentally conscious by providing granular insights into the health of the business’s buildings and the operational efficiency of its assets. This data makes it possible for companies to design insight-led strategies that drive out inefficiencies and have a tangible, positive impact on carbon emissions and advance the NetZero commitments.

The in-depth data provided by the CODA device can also play a key role in upholding the ‘social’ aspect of ESG strategies. By measuring and monitoring the internal conditions of a workplace, including the temperature, humidity and CO2 levels, it is possible to ensure that the environment is healthy and promotes employee wellbeing. Similarly, by continually monitoring and assessing the operational efficiency of on-site assets, CODA enables property teams to ensure equipment is functioning at its optimum, offering a safe and well-maintained workplace.

CODA’s granular reporting can then be used to quantify the progress companies have made towards fulfilling their ESG commitments. By gathering data from sensors both internally and externally, CODA can demonstrate the impact of an ESG strategy in real terms. This allows the brand to demonstrate their commitment to promoting health and wellness and working more sustainably. This data can also highlight further steps that may be taken to improve operations and validate the implementation of adopted technologies, such as heat pumps, by evidencing the impact they have had on the efficiency of the building.

  • HVAC fans

    Is Internal Air Quality the New ROI?

    28 February 2022

    The decision to implement building controls has usually been made based on the potential financial benefits associated with reducing energy wastage. However, more recently, we have observed a change in the motivation behind the decision to install IoT solutions in workplaces.

  • Abstract visualisation of nodes with connecting lines

    AI and the CODA Platform

    15 March 2023

    Artificial intelligence is evolving at pace, with some insiders predicting that 2023 will be a landmark year for AI. As the possibilities of AI continue to grow and evolve, more industries are looking at ways to harness this technology.

  • Row of industrial units.

    Digitalisation Delivers Operational Efficiency Benefits for Industrial and Commercial Businesses

    22 December 2021

    Industrial and commercial businesses are never far away from the requirement to maintain operational efficiency across their business operations. Whether it is a solo building or a vast estate with buildings across a region or country, there is no one-size-fits-all approach.

  • Silhouette of electricity pylons set against a vibrant yellow sunset

    CODA Welcomes the Establishment of DESNZ

    14 April 2023

    Investing in energy efficiency measures is crucial to help meet net-zero targets, so we welcome the establishment of the new Department for Energy Security and Net Zero (DESNZ), which is focused on developing the energy portfolio.