KPMG has unveiled a report finding that companies' Environmental, Social, and Governance (ESG) commitments now hold a persuasive influence on their staff recruitment/retainment prospects, with half of the UK workforce, stating they will turn down a job if it doesn't align with their values. The report also identified a growing trend named 'climate quitting' whereby millennial and Gen Z workers are actively seeking out new employment that is more environmentally conscious. As employees take more of an active stance in the companies they choose to work for, organisations are kick-started into taking more initiative in their ESG strategies.
In light of this, leading money saving platform through sustainability – SaveMoneyCutCarbon – has launched its 12 month programme, EcoWise, aimed at encouraging staff to employ practical changes at work and at home to save money on energy and reduce their carbon footprint. Embarking on this simultaneously provides quantifiable data for firms to report on their ESG strategies.
For employees to be fully engaged, it is imperative that they feel their voices are being heard, their values are being taken into consideration, and their work is making a positive difference. A landmark report from SaveMoneyCutCarbon found that 34% of Brits agreed that they would be more loyal to their workplace if they provided them more detailed information on how to be greener at work and at home, yet 56% agreed that their employer provides them with zero information on how to be more sustainable.
How EcoWise Works: The platform is designed to assess the carbon literacy of your staff at the start and end to measure improvement over time. It also provides access to weekly easy to read articles, guides, and other content designed to encourage behaviour change through their ‘Sustainability as a Service’ (SaaS) platform – combining advice, education, and tools plus end to end delivery of building decarbonisation projects. A key part of every service they offer is access to impact statements, which measure the impact of the changes you, your customers, your supply chain, and your employees make. This data can then be used to enhance your ESG reporting. EcoWise rewards employees for learning how to be more sustainable, cutting their energy bills and saving money. Each time an employee reads an article and completes a quiz they receive Planet Points which can be used to purchase thousands of eco friendly items from the SaveMoneyCutCarbon online shop. Data from your employees’ Impact Statements can be aggregated and anonymised for your ESG reporting. As a key part of every service offered is access to Impact Statements, which measure the impact of the changes you, your customers, your supply chain, and your employees make.
Regardless of the size of your organisation, building a ESG plan and making these changes can be a minefield. SaveMoneyCutCarbon serves to provide direct account management, delivering roadmap planning, financing, product supply, installation, engagement programmes, measurement tracking and more to support your ESG goals across all stakeholders. Mark Sait, CEO, commented: ‘Our next generation of workers is set to propel the evolution of ESG strategies much further. Younger workers are already ‘climate quitting’ for more environmentally friendly jobs, a KPMG survey of 6000 UK workers showed last month. ‘We see experienced managers and senior leaders across environmental, energy, water, and carbon reduction, leaving perceived secure large corporate jobs and consultancies, many already in this field, approaching us looking to join our team with the passion to build something, to deliver real impact in our case through our online shops, platform tools, and real world project delivery. ‘One recent joiner said I don’t want to work for a ‘why’ business that just talks about it, I want to work for a ‘how’ business that delivers it, I want to look back on my career and say I did my bit. For those just entering the workplace, the same is happening with candidates looking for internships, for their first jobs or making a mid-life career change, are actively looking for businesses like us. ‘Externally our growth is driven through organisations with ESG agendas and net zero targets looking to engage with businesses like SaveMoneyCutCarbon to gain access to the staff we are attracting, to help them deliver their ESG ambition. ‘Often starting with carbon and ESG literacy for their staff, support for their built environment, and their supply chain. We have witnessed this firsthand through the demand for our new EcoWise mobile app, just one example of what the SaveMoneyCutCarbon team loves to create, build and deploy.’