ComplianceESGMarch 17, 2021|UpdatedJune 02, 2021

What is Environmental Management Software?

Developing and maintaining strong environmental management has increasingly been a focus for leading organizations these last several years. In fact, several news outlets and research firms predict corporate environmental and sustainability initiatives will surge in the wake of the pandemic. This means it’s more important than ever for your organization to look to environmental management solutions to manage its environmental risk and continuously improve its environmental performance. 

One of the most important capabilities your environmental management system should have is meeting and even surpassing ISO 14001 requirements. The purpose of ISO 14001 is to mitigate environmental impacts to benefit not only the environment, but organizations and communities, including the supply chain. Compliance with the standard helps your company address several environmental challenges, including meeting regulatory guidelines, minimizing water and energy consumption, and implementing environmental policy. 

The implementation of an environmental management system is just the first major step. You also need to set and meet environmental performance targets, and communicate progress on those targets to key stakeholders. The ISO 14001 standard also provides guidance for these activities to help your company maintain its environmental management system. 

You’ve most likely realized that environmental management software involves many modules to fully manage environmental performance from end-to-end. You need tools to identify environmental aspects and impacts; manage greenhouse gas emissions, water, and waste; and keep up with regulatory obligations including ISO 14001 guidance. With cloud-based software and an integrated platform for environment and compliance, you can navigate the environmental regulatory landscape and drive improvement in environmental performance. 

A final crucial piece for environmental management software is ensuring compliance with regulatory reporting and communicating your environmental objectives to stakeholders to provide clear visibility to compliance and progress reports. With integrated modules on a single platform, you can easily create reports in a variety of standard templates to meet the expectations of not only regulatory entities, but also those of your key stakeholders, including investors, customers, business partners, suppliers, and NGOs. 

When your environmental management software is linked to a module for stakeholder management, you can be sure of meeting the expectations of regulators and stakeholders, improving transparency and protecting your company against long-term reputational damage. 

Finally, improving environmental performance with the help of environmental management software allows companies to improve environmental, social, and corporate governance (ESG) factors, which are used to evaluate a firm’s potential business performance, returns, and risks. 
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