Bank of Ireland has launched its new Sustainable Business Coach online platform, a free digital tool designed to support SME business customers with sustainability planning and to identify their ESG priorities.
Sustainable Business Coach, which is unique in the Irish market, is designed as an ESG questionnaire with businesses answering a series of multiple-choice questions. The results of the online assessment, which can be conducted at a pace that suits each business, provides a concise summary of their current sustainability position and covers key action areas such as;
Greenhouse gas (GHG) emissions
Employee engagement
Energy usage
Procurement
Water & waste management
Recent research conducted by Bank of Ireland revealed that a majority of SMEs are unclear on how to implement sustainable growth plans, with over 70% concerned about the impact ESG requirements could have on their own enterprises. Sustainable Business Coach provides SMEs with a structured roadmap to make meaningful progress in the sustainability space, with the online platform underpinned by a globally recognised framework based on the UN’s Sustainable Development Goals.
The launch of the easily accessible and free-of charge Sustainable Business Coach further enhances Bank of Ireland’s ESG ambitions, with the Bank on track to deliver its end-2025 sustainability-related lending target of €15 billion earlier than anticipated.
John Feeney, CEO, Corporate and Commercial, Bank of Ireland said: “Bank of Ireland is delighted to launch a new, free digital sustainability tool focused on Irish SMEs. Many of our business customers face time and resource challenges. Our goal is to deliver an easy-to-use online tool that can provide businesses with a practical and quick plan to support sustainability decision making.”