Building the business case for FM-driven ESG initiatives: Frost & Sullivan report offers a roadmap

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Posted by Janet B. Stroud — July 26, 2024 — Sustainability in facility management (FM) is no longer optional — it’s essential. Not sure how to get started? Check out this Frost & Sullivan report, A Path to Sustainable Building Operations, which provides a strategic roadmap for building professionals to enhance their environmental, social and corporate governance (ESG) initiatives and drive significant business value.

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Image courtesy of Planon

Available from smart workplace management platform provider Planon, the roadmap can help you define an ESG strategy that works for you and hep build the business case for FM-driven sustainability initiatives. The report explains:

  • The role of the facility manager: Understand the critical role of facility management (FM) in reducing CO2 emissions and improving the energy efficiency of your real estate portfolio. Facilities managers, real estate professionals, and FM service providers are vital for creating an effective and lasting corporate ESG strategy. Their knowledge of the organization’s building (services) portfolio and performance data is key as organizations investigate how new regulations around ESG will affect them.
  • Strategic framework: The 6P Framework (Policies, Products, Processes, People/Personas, Partnerships, Platforms) helps you navigate the complex ESG landscape and find a strategy that works for you.
  • The business case: Discover how high-quality facility management and an integrated workplace management system (IWMS) can lead to cost savings, competitive advantages and energy efficiency.

There are many changes, rumors, and priorities your organization must navigate before making decisions around ESG initiatives. In this report, Frost & Sullivan provides insights, tips, and tools like the 6P framework to help organizations understand six major impact areas of ESG on their business.

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Sneak peek of the 6P Framework. Source: Frost & Sullivan, via Planon. Click to enlarge.

Inside, you’ll also find statistics and research that shows how technology-driven facility management and building operations can help your organization tackle ESG-related initiatives that will also improve business outcomes. For example, research from Frost & Sullivan, Bloomberg, and WTW shows that “35% of cost savings can be achieved through data-enabled predictive maintenance over reactive maintenance.”

Download A Path to Sustainable Building Operations now from Planon, and get access to important research and statistics that can help you build a stronger business case for the technology tools your real estate (RE) and FM teams need to support corporate ESG.