Insights

Decoding Sustainability Reporting Frameworks

April 13, 2021

How to determine which framework to use for effective ESG reporting

The prevalence of corporate reporting on environmental, social, and governance (ESG) topics has grown substantially over the past nine years. In 2019, 90% of companies in the S&P 500 published some form of sustainability report, up from a mere 20% in 2011.[1] This increase in reporting has largely been driven by expanded focus from the financial community (e.g., equity investors, debt holders/creditors, insurance companies, etc.) on ESG performance data to better understand the risks and opportunities of specific companies/industries that could impact financial performance. Other stakeholders, such as employees, vendors, and government entities, are also seeking ESG data to evaluate company performance on the topics they view of greatest importance (e.g., diversity of workforce, impact of operations on the local community, etc.).


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Employee Spotlight: ScottMadden’s Powerhouse Women

March 4, 2021

Employee Spotlight March 2021

For Women’s History Month and International Women’s Day, ScottMadden is celebrating its powerhouse women through this employee spotlight series! Learn more about the impressive achievements and inspiring stories of Theo Tran, Molly Donofrio, and Farzeen Tejani.


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Employee Spotlight – Veterans

March 4, 2021

Employee Spotlight Veterans

Our ScottMadden family is privileged to work alongside 13 American veterans from four branches of the military. We are so proud of these individuals and are eternally thankful for their years of service and their contributions to our firm. Learn more about three of our incredible veterans below.


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The Case for Hydrogen and Nuclear Cogeneration

February 11, 2021

For more than a decade, nuclear operators have faced an uphill battle to compete with low natural gas prices and increasing renewable generation. Plants have been focused on reducing operating expenses to manage costs and compete in bid-based and regulated markets. As we shared in the article, “While You Were Sleeping: The Unnoticed Loss of Carbon-Free Generation in the United States,” the early retirement of at-risk nuclear plants may give back gains in carbon-free generation from new wind and solar. There is increasing urgency for nuclear plants to increase profitability and avoid premature decommissioning.


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The ScottMadden Grid Modernization Road Map

February 4, 2021

Grid modernization is the combination of emerging technologies that makes the grid more efficient, more cost-effective, and more responsive to customer needs. The following video features Cristin Lyons, partner and energy practice leader and Justin Stevens, partner as they discuss the ScottMadden Grid Modernization Road Map – a set of tools and frameworks that help you identify, prioritize, and justify your grid modernization investments.


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Biden Administration: Policy Outlook for the Energy Industry

January 22, 2021

Key Observations

President Joe Biden is expected to pursue an “all-of-government” approach to climate change. The incoming administration is expected to move as swiftly as possible on an agenda that modifies or reverses the policies of the Trump administration. Many of these changes were signaled in the Biden campaign’s Biden-Sanders Unity Task Force Recommendations, released last August, and other initiatives announced during the campaign.


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Transmission Implications for Clean Energy Goals

January 20, 2021

Introduction

As clean energy standards and net-zero commitments accelerate across the United States, utilities and other stakeholders are focusing on the transmission challenges associated with achieving these aggressive goals. Indeed, a robust long-haul high-voltage transmission backbone is the linchpin in our energy transition. Integrating large amounts of renewables (on the order of $11 trillion by 2050 per the latest analysis from BNEF) will require significant additional investments in transmission. But identifying the right transmission investments in the right locations, at the right scale, can deliver benefits far exceeding the cost of such investments.


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How to Boost Business Continuity During Disruption

January 8, 2021

Five Considerations for Healthcare HR Leaders

The COVID-19 pandemic has forced healthcare human resources (HR) teams to flex policies, processes, programs, and resources to adapt to operational changes. For example, healthcare HR organizations have experienced increases in call volumes related to furlough, benefit, and leave questions; increased data changes to process organizational shifts; and communications to accommodate new workplace rules. Healthcare HR organizations with strong operating models adapted better and quicker to manage these shifts and mitigate associated risks. Foundational operating model elements that enabled these HR organizations to excel during this time of disruption include an optimized service delivery model, standardized policies, processes, and programs, metrics, workforce planning, and workforce management.


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The Energy Industry Update Webcast: Running Up That Hill

November 19, 2020

Webcast

To coincide with the release of the latest Energy Industry Update, ScottMadden joined forces with Energy Central to present an interactive webinar, “ScottMadden’s Energy Industry Update: Running Up That Hill.” During this session, ScottMadden’s energy experts shared their views and fielded questions related to the current issues in wholesale electricity markets, ambitions for hydrogen in the energy system of the future, and near-term plans to move toward net-zero CO2 emissions.


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Protected: HR Shared Services Transformation Summit Digital November 2020

November 9, 2020

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Employee Spotlight: Gary Cage

November 5, 2020

Gary Cage

Gary Cage joined ScottMadden as a summer intern in 2015 and as a full-time associate in 2016. Today, as a senior associate, he serves as the coordinator for the human capital management community of practice and as an active member of the supply chain community of practice. Like most at ScottMadden, Gary greatly enjoys the annual firm meeting and recently participated on the 2020 planning committee. Gary holds a B.S. in Business Administration and Management and an M.B.A. from Emory University.


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Welcome to ScottMadden!

Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.