About Galileo Global Education
Galileo Global Education (GGE) is a world leader in private education, owning over 60 universities across four continents. By offering education to nearly 200,000 students GGE is in a position to positively impact thousands of young people’s lives on a daily basis. As a result, social and governance values, as well as environmental management are central to their company DNA.
GGE is relatively mature in its ESG strategy and has been collecting and reporting on ESG data since 2019. They are now in the fifth year of reporting and collect data on 120 KPIs that are customised to be relevant to the private education industry.
The challenge: growing regulatory responsibilities and increasing complexity around carbon emission calculation across 60 global locations
GGE already has an advanced ESG KPI reporting framework in place which is based on metrics relevant for the higher-education sector. They also have reporting demands implemented by their investors, Montagu, who require data on the Sustainable Finance Disclosure Regulation (SFDR). The internal ESG KPI reporting framework is managed using a different ESG software provider, while GGE uses KEY ESG to manage the reporting requirements set by their investors. Alongside this, GGE is focussing on the impending challenge of CSRD, and the marked increase in reporting requirements which this new regulation poses. CSRD requires an even more data-driven approach and GGE will need to map its double materiality assessment result to the European Sustainability Reporting Standards (ESRS) and produce a set of auditable, CSRD-compliant ESG reports to include in their annual management reports.
Another challenge outside of the increasing regulatory demands is the sheer number of reporting sites which GGE has to include. They have over 60 universities spanning four continents, each of which have users operating in different languages and time zones. It is therefore essential that they can work collaboratively in a centralised platform which manages the workflows and helps GGE keep track of the reporting process.
The solution: KEY ESG’s platform is simple to use and provides “excellent” carbon accounting functionality
Benjamin Negre, ESG and Risk Manager at Galileo Global Education, explains:
“Using KEY ESG has been a significant improvement on previous years when we were using excel sheets with over 100 KPIs which we had to collect data on. KEY ESG enabled us to streamline and centralise the reporting process and customise the metrics so that they are relevant for our business.”
Read the full story about how Galileo Global Education uses KEY ESG software to ramp up its ESG reporting and Scope 1, 2 and 3 carbon accounting HERE.
About Galileo Global Education
Galileo Global Education (GGE) is a world leader in private education, owning over 60 universities across four continents. By offering education to nearly 200,000 students GGE is in a position to positively impact thousands of young people’s lives on a daily basis. As a result, social and governance values, as well as environmental management are central to their company DNA.
GGE is relatively mature in its ESG strategy and has been collecting and reporting on ESG data since 2019. They are now in the fifth year of reporting and collect data on 120 KPIs that are customised to be relevant to the private education industry.
The challenge: growing regulatory responsibilities and increasing complexity around carbon emission calculation across 60 global locations
GGE already has an advanced ESG KPI reporting framework in place which is based on metrics relevant for the higher-education sector. They also have reporting demands implemented by their investors, Montagu, who require data on the Sustainable Finance Disclosure Regulation (SFDR). The internal ESG KPI reporting framework is managed using a different ESG software provider, while GGE uses KEY ESG to manage the reporting requirements set by their investors. Alongside this, GGE is focussing on the impending challenge of CSRD, and the marked increase in reporting requirements which this new regulation poses. CSRD requires an even more data-driven approach and GGE will need to map its double materiality assessment result to the European Sustainability Reporting Standards (ESRS) and produce a set of auditable, CSRD-compliant ESG reports to include in their annual management reports.
Another challenge outside of the increasing regulatory demands is the sheer number of reporting sites which GGE has to include. They have over 60 universities spanning four continents, each of which have users operating in different languages and time zones. It is therefore essential that they can work collaboratively in a centralised platform which manages the workflows and helps GGE keep track of the reporting process.
The solution: KEY ESG’s platform is simple to use and provides “excellent” carbon accounting functionality
Benjamin Negre, ESG and Risk Manager at Galileo Global Education, explains:
“Using KEY ESG has been a significant improvement on previous years when we were using excel sheets with over 100 KPIs which we had to collect data on. KEY ESG enabled us to streamline and centralise the reporting process and customise the metrics so that they are relevant for our business.”
