Profit Magazine - May 2011

Management for financial consolidation and reporting, they decided to extend the application to address sustainability reporting requirements. The company now has a single system that aligns its financial and nonfinancial/ sustainability reporting, which has earned a clean bill of health from auditors.

“With Oracle Hyperion Financial Management, we can now identify the hotspots in our work with sustainability, where we can obtain maximum change and results—and we can track progress in our work to achieve our goals,” says Niels Strange Peulicke-Andersen, common systems manager in the Quality, Health, Safety, and Environment group at DONG Energy. “We can also publish our results in line with our financial results because our

“We can now identify the hotspots
in our work with sustainability,
where we can obtain maximum

reporting capabilities, and data mining, planning, forecasting, and predictive modeling tools to perform forward-looking modeling and forecasting of energy and water usage and greenhouse gas emis-

—Niels Strange Peulicke-Andersen, Manager, DONG Energy

DATA ANALYSIS AND REPORTING

Once sustainability data is collected, aggregated, and contextualized, it is ready for formatting and delivery to stakeholders. Internal stakeholders can include senior executives who are interested in tracking high-level trends and metrics against goals, facilities managers and analysts who may want to perform ongoing analysis and benchmarking of energy and water usage across departments and locations, and staff who need standard reports on a regular basis. External stakeholders may include regulators who require sustainability reporting in a specific format. But the broader audience includes investors, customers, suppliers, employees, and others who want to access information and metrics about sustainability initiatives on the organization’s Website.

For senior executives and managers, sustainability reporting data and metrics can be delivered via graphical BI dashboards or scorecards that highlight trends over time and provide drill-down analysis and comparisons of sustainability metrics against predefined goals and initiatives.

For managers and analysts who require
ad hoc analysis, the same dashboards and
scorecards may provide a starting point.
But they may also need ad hoc query and
sions. Spreadsheets connected to relational
or OLAP servers can also be popular tools
for performing ad hoc reporting and anal-
ysis of sustainability data. For line manag-
ers and other casual users, production
reporting tools with the ability to print or
e-mail PDF reports may be sufficient.

for internal purposes, such as cost reduc-
tion and raising awareness about sustain-
ability matters. For example, Fitness First,
the largest global health club and gym
operator, implemented the Environmental
Management and Measurement
Application (EMMA) from
Oracle partner Knowledge
Global to automatically collect
and report energy data from
sensors and meters across 95
gyms in Australia. This data is
fed into a consolidated analytics
dashboard, which establishes
accurate baselines, creates
benchmarks across facilities, measures
improvements, and helps forecast savings.
This consolidation of energy data also sup-
ports Fitness First’s mandatory greenhouse
gas reporting to the Australian govern-
ment for the coming financial year.

“The primary goal of Fitness First in
undertaking this project was to reduce
our carbon footprint by lowering energy
consumption within our gyms,” says
Michael Rose, procurement manager at
Fitness First Australia. “The vast amounts
of energy data consolidated in EMMA’s
dashboard make complex analysis very
straightforward but outstandingly valu-
able to Fitness First’s plans.”
Organizations can derive strategic
advantage by embracing sustainability
as part of the business and disclosing
the details of their sustainability efforts
to external stakeholders. The benefits
include cost savings by limiting waste
and consumption of natural resources,
enhanced brand value and reputation
with customers and partners, better risk
management, the ability to attract capital
from green investors, and the opportu-
nity to attract better staff by offering a
great place to work. <>

PEOPLE, PLANET, AND PROFIT Although sustainability reporting is mostly external in nature, this is not necessarily the end goal. The triple bottom line of people, planet, and profit also has merit