Blue Skyre IBE, a global facilities management solutions provider, has launched ESG Focus, a proprietary technology tool powered by Allovance to help companies and corporate real estate professionals make informed decisions about their environmental, social and governance (ESG) programs. This is a unique SaaS tool that helps organizations manage complex goals and decisions, and implement a plan based on detailed data parameters, the company said.
“The disruption over the past few years caused by the COVID-19 pandemic, climate change, and demands of social equality have intersected to heighten the focus on environmental, social, and governance issues. This is prompting many companies to question if their ESG efforts are good enough, while others are trying to figure out how and where to begin,” said Blue Skyre IBE Chief Executive Officer Maureen Ehrenberg. “ESG Focus is a tremendous tool for helping organizations delve into these complex decisions and arrive at targeted plans for achieving measurable change.”
ESG Focus is a decision-making and strategic planning and prioritization software that combines science and technology with the art of decision-making. The tool helps identify ESG objectives and prioritizes initiatives based on company goals, as well as the UN’s Sustainable Development Goals (SDG). ESG Focus employs a reliably structured technique of decision making that aligns investments with business goals.
“ESG Focus is designed to provide invaluable insight to companies throughout their ESG journey — whether they are executing against a well-established plan or looking to implement one,” added Colette Temmink, Blue Skyre IBE chief strategy and product officer. “This tool helps organizations streamline the process and create a detailed plan of action that is both measurable and impactful.”
“Making complex decisions is one of the biggest challenges for any organization. Making consistent, systematic, and transparent decisions with minimal bias requires a new way of thinking, especially when it involves the often subjective nature of ESG measures,” said Allovance Founder and Chief Executive Officer Sherif Farghal. “Allovance Blue Skyre IBE provides the backbone for ESG Focus to turn subjective inputs into objective metrics. It also uses a proprietary algorithm applied to data to take the guess work out of determining impact and formulating comprehensive plans.”
ESG Focus is a part of Blue Skyre’s comprehensive advisory and facilities management solutions services. The company leverages technology and decades of industry experience to help shape the future of real estate for a better world. This holistic approach helps companies through each stage of their ESG program. Whether companies are looking to understand the best structure for success, to identify their goals and opportunities, to prioritize their initiatives, to implement new programs, or to measure and report their performance, Blue Skyre is able to provide their expertise and guide companies through these processes.
