Spotlights
Aeterra Workspace: Your Centralized EHS and Sustainability Solution
Corporate leaders are presented with an increasing list of legal, operational, and commercial obligations and demands. Sustainability and environmental considerations can be deprioritized for a variety of reasons; however, such decisions can leave a company exposed to regulatory and commercial risks alike.
Companies in today’s modern environmental and sustainability landscape face a myriad of new challenges. In recent years, regulatory scrutiny has been amplified with a greater eye towards maintaining strong environmental compliance. Companies are also facing increased calls to track and improve Key Performance Indicators (KPIs), including Greenhouse Gas (GHG) emissions. These requests are driven by investors, customers, and lawmakers alike. As pressure increases on corporate management to deliver better margins, improve process efficiency, and keep costs down; these environmental responsibilities can become a burden. Management systems can help address such exposures, and Aeterra has developed a proprietary platform to help address these risks and considerations.
Part of today’s complicated environmental landscape involves staying up to date with complex regulatory changes. Governmental agencies are increasingly scrutinizing companies across a variety of sectors, looking for holes or deficiencies in their environmental management. Subject areas such as chemical reporting, water and air permitting, waste management, and emergency planning affect a majority of industrial and commercial businesses. This increased scrutiny yields more monetary penalties and/or additional monitoring requirements. It has never been more important for companies to demonstrate strong EHS compliance and performance.
Aeterra Workspace is an environmental and sustainability digital platform customized to clients’ needs and obligations. The cloud-based system provides a centralized resource to manage environmental health and safety (EHS) deadlines, track Environmental, Social, and Governance (ESG) data, and plan sustainability improvements. The system is fully supported via web browser, desktop platform, or mobile app.
Workspace was built to ease the clutter and confusion of EHS management. Workspace users stay on top of deadlines and changing regulations via calendar-based notifications. Aeterra’s compliance experts curate a compliance calendar specifically for each client. Instructions and relevant client-specific information is included to aid compliance and reporting. Complex calculation mechanisms, digital forms, and/or audit information can be imported into the system to keep everything in one place, and that is made easier by using Aeterra Workspace.
In addition to ever-changing environmental regulation, companies are asked to track and report on more and more data. ESG framework questionnaires and GHG accounting have become common requests for corporate leaders and their teams. GHG accounting is often an important piece of broader KPI frameworks. However, companies regularly do not know where to begin to prepare Scope 1, 2, and/or 3 calculations. Often, the most difficult part of this process is identifying who can provide the information and how to aggregate it. Valuable time can be wasted trying to set up shared spreadsheets and send endless emails asking for information. Consultants may also charge high fees to remove this burden from corporate managers.
Aeterra Workspace solves this problem by integrating data collection and import with automated calculations to meet framework requirements. KPIs can be exported to client software (e.g., PowerBI) or added to Workspace’s custom dashboards. Reports can be customized to client specifications or added to existing reports. The goal of Aeterra Workspace is to simplify the journey from KPI selection to reporting.
Aeterra Workspace facilitates emission source identification, impact area assessment, and emission factor mapping. The system automatically generates GHG emission calculations and/or estimates based on the data provided. Users can use this information to build and track reduction strategies or monitor trends over time.
Aeterra set out to create a system that would simplify the responsibility of ESG and sustainability management. The Workspace platform is a place to connect our clients to our ESG and environmental experts, who offer a full range of expertise and guidance to ensure the clearest path forward for our clients.