Environmental, social, and governance (ESG) is one of the most popular topics in business today, with investors placing an increased importance on sustainability criteria in making financial and investment decisions. This adds another layer to how a business is run. However, financial success and ESG are linked, especially today, so companies must be able to effectively navigate these concerns, creating more sustainable businesses while improving their valuation.
Evolution Sustainability Group, a full-service energy management, engineering, and sustainability consulting firm, has revealed its unique framework in advising, designing, procuring, and building solutions that provide measured value to its clients’ sustainable footprints. Evolution Sustainability Group is comprised of three individual divisions, each working together to deliver maximum value to clients. These are Evolution Energy Partners, Evolution Engineering Partners, and Evolution ESG Partners.
Evolution Energy Partners uses its extensive fundamental and technical analysis to help clients navigate the inherent complexities of utility supply (renewable or conventional) and the volatility of the energy markets, especially the unregulated ones. Evolution acts like a financial advisor for clients, helping them decide how, when, and what types of hedging decisions to make in the actively traded commodities of electricity, natural gas, and various petroleum-related products. It also helps clients make their portfolio greener by trading in electricity generated through renewable sources, such as hydro, wind, or solar, as well as purchasing renewable energy credits (RECs). The Evolution team’s deep knowledge of technical and fundamental factors affecting the movement of energy prices allows it to provide the best advice wholly consistent with each client’s risk tolerance.
Evolution Engineering Partners is a design-build energy engineering firm specializing in energy efficiency and sustainability. It engineers, finances, and implements energy projects that help clients reduce costs, improve efficiency, and reach sustainability goals. It does an equivalent of an American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) Level 2 audit, identifying the various energy conservation measures that clients can take while remaining financially prudent. These include various approaches such as equipment upgrades, controls, retrofits, and installation of renewable assets such as solar arrays. Its turnkey design-build energy efficiency and renewable energy projects are designed to have an excellent ROI and immediate positive cash flow.
Evolution ESG Partners, the newest member of the group, responds to the market need for sustainability that has grown immensely over the past years. It usually starts out with identifying what ESG means to the company, as well as its investors, employees, and clients, through the use of a materiality or readiness assessment. The firm’s ESG team is composed of experts not only in the environmental sustainability portion of ESG, but in the social (such as diversity, equity, and inclusion), and governance (such as risk management and compliance) aspects, as well. In its work with clients, it acts as an outsourced ESG committee at the beginning, helping them establish a sustainability committee in their company, and setting them up to operate on more ESG-focused principles in the future. Furthermore, Evolution also guides clients in obtaining various green certifications for their business. For example, in the real estate industry, these include LEED, Fitwel, WELL, and BREEAM.
“Our model centers around introducing solutions that have both a sustainability benefit and a financial benefit, as these go hand-in-hand,” says Chuck Hurchalla, CEO and Founder of Evolution Sustainability Group. “There are lots of synergies between the group’s three-member firms. In many cases, clients engage just one of our services because they’re laser-focused on just a single problem. However, once they’ve gained a perspective of the situation, they realize how everything is interlinked and they start asking us about the other parts of our offering. Our customers enjoy a positive impact on the bottom line by leveraging our comprehensive suite of services that mitigate risk, enhance stakeholder/asset value, and provide a foundation to increase corporate citizenship and sustainable practices.”
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Name: Andy Koehler
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