Environmental, Social and Governance (ESG) is closely linked to business performance. Organisations focused on ESG can achieve reduced costs, improved worker productivity, mitigated risk potential and created revenue-generating opportunities. We have seen increased demand from investors, communities and organisations who seek an improvement on ESG performance and disclosure.
We help organisations of all sizes, private and public, for-profit and not-for-profit, enhance their ESG performance. Our services include ESG and sustainability governance review, ESG materiality assessment and integration, impact analysis and ESG reporting and disclosure.
The increase of mandated reporting on ESG issues, such as climate-related financial disclosures and modern slavery reporting, suggests that ESG matters are now an important part of a board’s duty of care landscape. Directors could be liable for ‘greenwashing’ disclosures if such disclosures are not underpinned by proper information, governance processes, strategy or action. Directors should take a proactive and robust approach of considering how ESG & sustainability risks are managed and opportunities are seized to preserve and create short-, medium- and long-term value.
We help organisations review their ESG governance structure and governance processes, brief board on the latest developments of ESG & sustainability governance, identify areas for improvements and recommend actions.
An ESG materiality assessment is a good start to better understand stakeholder expectations, identify material ESG issues, risks & opportunities, and then to manage and report on them.
Our services include stakeholder mapping, stakeholder engagement & consultation, ESG topic scoring and prioritisation, as well as embedding ESG priority topics into the organisation’s risk management framework and strategic & business planning processes.
Stakeholder engagement and consultation are generally done through a combination of direct engagement such as workshops and one-to-one interviews and indirect consultation such as surveys. After obtaining opinions from the key stakeholders on the most significant ESG issues, we assess and score each ESG topic, and then recommend the material ESG topics to the organisation.
To help organisations keep pace with stakeholder expectations, create and preserve value and enhance impacts are at the core of our services.
We help organisations link the identified ESG risks and opportunities to their current and future financial performance, which includes assessing impacts on the organisation’s revenue and costs, assets and liabilities, as well as cost of capital.
Over the past few years, we have seen an increase in the demand of sustainability information from investors and other stakeholders. We help organisations review their current status of sustainability reporting and recommend pathways to increase reporting maturity.
We also provide support to the organisation’s reporting processes, from advising on governance such as board’s roles, to the design and implementation of control procedures to improve data quality.
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