ESG Assessment Services
Our ESG team of experts evaluate and report on various aspects of their performance and impact related to sustainability and ethical practices as per following key activities:
1. Data Collection: We gather data on their environmental (E), social (S), and governance (G) practices and performance metrics. This includes collecting information on energy consumption, emissions, waste management (E); employee relations, community engagement, diversity and inclusion (S); and board composition, executive compensation, ethical business practices (G).
2. Materiality Assessment: We Identify and prioritize the ESG issues that are most relevant and significant to the company and its stakeholders. This helps focus the assessment on areas where the company has the most impact or where risks and opportunities are most critical.
3. Benchmarking and Standards: We Compare the company’s performance against industry benchmarks, relevant ESG standards (such as Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), or Task Force on Climate-related Financial Disclosures (TCFD)), and regulatory requirements. This helps ensure alignment with best practices and compliance with reporting guidelines.
4. Risk Assessment: We evaluate ESG-related risks that could affect the company’s long-term financial performance or reputation. This includes assessing risks related to climate change, supply chain disruptions, regulatory changes, social license to operate, etc.
5. Stakeholder Engagement: We engage with stakeholders (such as investors, customers, employees, communities, NGOs) to understand their expectations, concerns, and priorities regarding the company’s ESG performance. Stakeholder input helps validate materiality assessments and informs strategy development.
6. Performance Measurement: We quantify and analyze ESG performance using key performance indicators (KPIs) and metrics relevant to each aspect of ESG (E, S, G). This includes tracking progress over time, setting targets for improvement, and disclosing performance data transparently.
7. Reporting and Disclosure: We also prepare ESG reports and disclosures that provide transparent and accurate information about the company’s ESG performance, initiatives, goals, and impacts. Reporting frameworks such as GRI, SASB, and TCFD provide guidelines for structured and comprehensive reporting.
8. Integration into Strategy: We integrate ESG considerations into corporate strategy, decision-making processes, and governance structures. This ensures that ESG factors are embedded in business operations and contribute to long-term value creation.
Our team continuously review and enhance ESG practices, policies, and performance based on feedback, changing stakeholder expectations, regulatory developments, and emerging best practices and depending on the company’s size and industry, we offer external verification services for their ESG data and reports to enhance credibility and trustworthiness. Overall, our ESG assessment services and support enables companies to assess their sustainability performance comprehensively, identify areas for improvement, demonstrate accountability to stakeholders, and enhance their overall resilience and competitiveness in a rapidly evolving business landscape.