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How the multiplier effect maximises OneAdvanced’s ESG initiatives and societal impact

OneAdvanced harnesses the "Multiplier Effect" to amplify the societal impact and its ESG initiatives by extending benefits beyond internal operations to communities, customers, and society at large.

by OneAdvanced PRPublished on 25 June 2024 5 minute read

The concept of Environmental, Social, and Governance (ESG) has reshaped how businesses adopt and deliver practices that drive societal value and lasting impact. But how can businesses ensure  ESG efforts create a lasting ripple effect?

At OneAdvanced, we believe in the "multiplier effect." This approach highlights how impactful ESG initiatives can extend outward, influencing communities, customers, and society at large. Let's explore how the “multiplier effect” works and the practical ways it impacts our goals.

Understanding the “multiplier effect”

OneAdvanced's multiplier effect is centred on our three interconnected ESG pillars:

  • Environmental: Reducing carbon footprints internally and externally.
  • Social: Driving inclusion, equity, and well-being within communities.
  • Governance: Establishing resilient frameworks for long-term ethical growth.

By helping customers achieve their ESG objectives through our innovative solutions, we help our clients magnify their societal contributions.

Download our report to find out more around our impact across all three pillars.

Applying the multiplier effect across ESG pillars

Here’s how our OneAdvanced “multiplier effect” works in practice, and how it contributes to our impact across all three of our ESG pillars:

1-Environmental impact: Beyond the organisation

Since 2018, we have reduced Scope 1 and 2 greenhouse gas emissions by a remarkable 42%. Yet, our real environmental impact lies in helping clients achieve similar reductions, via:

  • Energy-efficient technologies: Customers reduce dependencies on traditional energy-intensive processes, streamlining operations sustainably.
  • End user impact: By improving efficiency and eliminating waste, clients’ end-users - including learners, tenants, and patients - benefit from eco-friendly services.

2- Social impact: Go-forward strategy

Internally, OneAdvanced prioritises empowering employees through global initiatives and best practices, which has led us to achieve a media pay gap in favour of women (0.3%). But the ripple effect truly takes hold when this thinking extends to our customers.

Example: Weston College Group uses OneAdvanced’s learner-focussed management system to deliver educational programs for prisoners and young offenders. This supports their logistical challenges and transforms the lives of prisoners, fostering better reintegration into society.

3- Governance innovations: For resilient growth

We are committed to fostering a culture where risk, resilience and compliance are central to our operations. We achieve this by establishing a robust government framework, obtaining certifications (ISO and Safe Contractor), signing up for the EU AI Pact, and strengthening cybersecurity and infosec. With this holistic approach, we not only future-proof our internal operations but also our software solutions, empowering customers with the same benefits.

Example: Met Office leveraged OneAdvanced’s Source to Contract solution to streamline contract management. By automating compliance, centralising contract data, and gaining live performance insights using OneAdvanced, they resolved transparency issues and simplified compliance reporting, audits, and cross-department visibility.

Unlocking the business benefits of ESG implementation

Undoubtedly, enabling societal progress also supports business resilience. Here’s a recap of how applying ESG principles strengthens enterprise operations:

  • Operational Efficiency: Automated workflows and sustainable solutions reduce costs while improving precision.
  • Brand Equity: Meeting ESG goals enhances public perception, positioning organisations as leaders in sustainability.
  • Revenue Growth: By solving critical social and environmental issues, companies can build loyalty-driven customer relationships.
  • Regulatory Readiness: Staying ahead of compliance standards ensures preparedness for future regulatory shifts, mitigating potential risks.

The way forward

ESG priorities matter now more than ever, not just for the world at large but for the enduring success of every business. Our " multiplier effect " provides a robust framework to measure, expand, and refine our priorities, ensuring that positive change radiates beyond our organisational borders benefiting all our customers.

To learn more about how we’re applying the “multiplier effect” and all other initiatives we’re working on to support our ESG efforts, explore our latest Societal Report .

Together, we can create value that lasts.

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