2024
Meeting ESG goals through solar implementation
Do you know how a commercial solar company in Victoria makes it easy for businesses to meet the environmental part of ESG goals through solar implementation?
ESG stands for Environmental Social and Governance. It’s a set of categories allowing a company to be assessed beyond what their finances say. In short, the goal of ESG is to encourage businesses to reduce their carbon footprint and align themselves with consumer expectations.
The Environmental category concerns businesses’ environmental impact, such as whether they’re still using fossil fuels, and their greenhouse gas emission rate. (Canada is still on track to reduce emissions by up to 45% by 2030 and achieve net-zero emissions by 2050. Businesses that fail to adapt risk being left behind.)
By switching to commercial solar systems, Victoria businesses reduce their reliance on fossil fuels in favour of clean, renewable energy. Their emissions drop and they start saving money immediately by generating their own electricity. These are similar to the steps homeowners are taking to address climate change, environmental responsibility and rising energy costs. So to see a business sharing the same attitudes raises the company's profile in the public’s eyes.
There are other benefits as well. Their reliance on BC Hydro decreases and their energy costs come down as they’re now able to make their own energy. Companies switching to commercial solar power systems also insulate themselves from rising energy costs and fluctuations. These gains in stability and future sustainability are attractive to investors, suppliers, employees and customers in our current climate and will continue to grow.
One more thing: the cost of renewable energy sources continues to fall, making it more accessible and cheaper for companies to implement. In fact, “solar is now the cheapest electricity in history” - IEA
So, there’s never been a better–or cheaper time–to satisfy ESG goals through solar energy than right now. For more information on how investing in a commercial solar system would positively affect your Vancouver Island or Lower Mainland business and help you meet your ESG targets, contact a locally based commercial solar company in Victoria.
NetZero Solar professionals are experienced with commercial solar energy projects. We can help you to lower your energy bills and move toward a net zero situation where you are producing as much energy as you are currently using from the grid. 250-516-5767