The Infosys Sustainability Solution
Global companies need to implement corporate sustainability initiatives for long-term value by managing social, economic and environmental sustainability performance indicators. Sustainability enhances brand equity and creates investment opportunities for the company, consumers and investors. It also helps manage risks by identifying sustainability issues, attracting and retaining talent, enhancing reputation, facilitating decision making, and saving costs. A comprehensive system that accurately captures and manages enterprise-wide data is imperative to manage sustainability initiatives.
The Infosys Sustainability Solution (ISS) is an enterprise-wide solution that manages workflow, integrates with business transaction systems, provides real-time reporting, and enhances operational efficiency to improve sustainability. Our solution manages sustainability data such as incidents, waste management, water management, energy consumption and Greenhouse Gas (GHG) emissions with a comprehensive mechanism for data collection, aggregation, analysis, and reporting, which complies with rules and regulations.
ISS adopts the G3 Guidelines of the Global Reporting Initiative (GRI) for sustainability reporting. It maps Key Performance Indicators (KPIs) to the performance indicators in the GRI Sustainability Reporting Framework.
| Data management |
- Data Collector is a Web application to capture metrics-related data, and view, modify and approve/ reject the captured data
- Business metrics span safety, environment and social responsibility. For instance, the consumption of electricity, gas, water and toxic materials.
|
- Captures and archives data in detail
- Enables accounting, reporting and tracking of the environmental footprint
|
| Data reporting |
- Uses GRI guidelines, GHG protocol and region-specific regulations for reporting
- Reporter is a tool to view sustainability reports. Reports generated include annual sustainability, emissions, benchmarking, safety, wastes, compliance, etc.
- Customizes the frequency of reports and units of measure. For example, power consumption per employee and per unit of crude oil processed.
|
- Generates reports from qualitative and quantitative inputs
- Tracks sustainability performance against national and international regulations and reporting requirements such as GRI, API-IPIECA, etc.
- Ensures compliance with regulations
|
| Key Performance Indicators (KPIs) and goal tracking |
- Customizes KPI management and goal tracking
- Modeler is a data configuration tool to -
- Define organizational hierarchy
- Manage users
- Establish KPIs
- Set up assets/ materials for KPIs
|
- Sends alerts to users based on assigned KPIs and goals
|
| Compliance management |
- Integrates with external and internal business transaction systems
- Modular approach and flexible architecture
- Business processes and themes interact with external business systems such as Enterprise Resource Planning (ERP), Supply Chain Management (SCM), production management, regulatory data, Engineering, Procurement and Construction (EPC), and projects
|
- Provides a regulatory database
- Ensures easy access to information for compliance
- Lowers the time and effort required to calculate the environmental footprint
- Provides modules to meet specific business requirements
|
Features
- Tracks the environmental, social and financial performance to improve sustainability, enhance operational efficiency and gain a competitive advantage
- Governance-driven themes – Compliance management, automated reports, early escalation, KPIs and goals, and audit
- Business-driven themes – GHG emissions, Environment, Health and Safety (EHS) information, reducing the carbon footprint with new technologies and the cost of emissions, sustainability, carbon emission trading, social responsibility, and regulatory data capture
- Uses GRI guidelines and a database of emission factors across regulations and equipment
- Captures and consolidates data based on the GHG Inventory Protocol
- Accumulates the inventory position of emissions in real-time and sets targets for KPIs
- Drives compliance and operational excellence through real-time monitoring of targets at various levels of the company
- An audit trail tracks changes for system inspection
- A configurable model helps drill-down reports from a dashboard and account for sources of emission
Carbon estimation, forecasting, carbon trading, carbon price forecasting, employee-level footprint, carbon offset mechanisms, carbon capture, energy conservation, Green labelling, product-level footprint, business modelling are some of the functionalities that will be developed in the subsequent phases.
Benefits
- Integration with ERP systems reduces the time and effort required to calculate the environmental footprint
- Enables companies to become carbon neutral
- Mitigates the impact of climate change
- Lends a ‘green’ quotient to brands that influences stock prices and market value
- Compliance with carbon legislations avoids penalties
- Earns carbon credits and enables trade in the carbon market