Conservice, the nation’s largest utility management provider, has expanded its offerings with the acquisition of Goby and its ESG Platform to create what it believes will be a true lifecycle of products that can ease concern about field operations and inform executive boardroom decisions.
The 2021 transaction has transformed the usage data Conservice collects into a framework clients can use for environmental, social, and governance (ESG) insight and reporting tools that aid in sustainable business growth as well as regulatory compliance.
Goby has a 10-plus-year record of providing a leading data management and reporting platform.
The ESG Platform enables clients the ability to better visualize utility data and analyze it to mitigate risk, attract and retain customers, and accelerate sustainable growth for their companies.
Goby has been recognized by the EPA as a 2023 ENERGY STAR Partner of the Year, which is the 11th such consideration. The company also is a GRESB Partner, a Fitwel Champion, a ULI Strategic Partner, and a LEED Proven Provider.
“As a high-level concept, ESG refers to the sum ability of a company to operate in a way that is environmentally friendly and socially responsible,” Conservice CEO Scott Hardy said. “Naturally, utility usage is one of the key measurements that investors and governmental stakeholders use to assess an organization’s sustainability.”
Interest from all stakeholders in how a company conducts itself in regard to all of these vital areas of operation has been growing in recent years across multiple industries. The growth of the manufactured housing industry at the same time has provided opportunities for all organizations, particularly public companies, to be proactive and transparent about how they are viewed through the ESG lens.
Goby sites two fundamental steps for any organization to consider when building an ESG framework:
Measure and dashboard — the only way to scale an ESG strategy with any kind of organizational growth is to automate the process of collecting and dashboarding utility usage data
Analyze and report — most of the critical SEC requirements to emerge over the last several years have been around the need to report usage data. Being able to collate usage data into compliant reports and then analyze that data to drive business decisions is critical to getting the most out of an ESG strategy.
“Historically, any time a vertical is confronted by ESG, the companies that begin developing strategies and implementing sustainable policies early fair the best in the long run,” Conservice ESG Senior Vice President and General Manager Ryan Nelson said. “ESG continues to mature, and is relatively new in manufactured housing so now is the time for businesses in this space to engage.”
MHInsider is the leader in manufactured housing news and is a product of MHVillage, the top marketplace for manufactured homes.
