ESG (Environmental, Social, and Governance) reporting, including S1 (climate-related financial disclosures) and S2 (emission reporting), focuses on transparency in sustainability practices. S1 covers the financial risks companies face from climate change, while S2 involves detailed tracking and reporting of greenhouse gas emissions.
ENVIRONMENT, SOCIAL AND GOVERNANCE
Sustainability Strategy & Materiality Assessment
-Identify and prioritize sustainability issues most relevant to stakeholders and business.
-Engage stakeholders (e.g., investors, customers, employees) to understand their concerns.
-Determine which environmental, social, and governance topics to focus on in reporting.
-Align sustainability reporting with overall business strategy.
-Develop sustainability goals, KPIs, and reporting metrics.
-Set short, medium, and long-term sustainability targets.
Data Collection & Management
-Develop and implement systems for gathering and managing ESG data.
-Ensure data accuracy, consistency, and reliability.
-Identify key data sources across the organization (e.g., energy consumption, employee diversity).
-Ensure data integrity through internal and external verification.
-Audit sustainability data to meet reporting standards and avoid discrepancies.
-Leverage software tools for automating ESG data collection, processing, and reporting.
-Implement data analytics platforms to track sustainability performance.
Reporting Framework Alignment
-Select the appropriate sustainability reporting frameworks (e.g., GRI, SASB, TCFD, CDP).
-Tailor reporting to fit sector-specific requirements or investor expectations.
-Help organizations adhere to GRI standards for comprehensive sustainability reporting.
-Guide on disclosures related to environmental, social, and economic impacts.
-Assist in creating sustainability reports aligned with SASB standards.
-Focus on sector-specific ESG metrics that are financially material.
-Help organizations align with TCFD recommendations, emphasizing climate risk and financial disclosures.
-Support in climate risk assessment and reporting on governance, strategy, risk management, and metrics.
Sustainability Report Preparation & Design
-Develop clear, compelling sustainability reports tailored to the company’s audience.
-Draft content that covers key ESG topics, performance metrics, case studies, and future goals.
-Design visually appealing reports that communicate sustainability performance effectively.
-Integrate infographics, charts, and visuals to enhance readability and engagement.
-Create interactive digital reports for better accessibility and engagement.
-Leverage online platforms for wider dissemination of sustainability information.
-Assistance with CDP submissions, focusing on climate change, water security, and deforestation reporting.
-Help improve performance scores in CDP rankings.
-Help companies produce integrated reports that combine financial and sustainability performance.
-Provide guidance on aligning sustainability issues with financial disclosures.
Stakeholder Engagement & Communication
-Identify key stakeholders (e.g., investors, customers, employees, communities) relevant to sustainability reporting.
-Develop stakeholder engagement strategies and gather feedback for report development.
-Develop strategies to communicate sustainability performance to different audiences.
-Create press releases, presentations, and social media content to disseminate key sustainability findings.
-Provide guidance on reporting ESG performance to investors.
-Help companies meet investor expectations regarding transparency and material ESG issues.
Benchmarking & Performance Evaluation
-Compare an organization’s sustainability performance with industry peers.
-Identify areas for improvement by analyzing how competitors report on sustainability metrics.
-Track progress against sustainability goals and KPIs.
-Conduct gap analysis to identify missing or underperforming areas in sustainability practices and reporting.
Compliance & Regulatory Reporting
-Ensure compliance with regional or global sustainability reporting regulations (e.g., EU Non-Financial -Reporting Directive, SEC climate disclosure rules).
-Keep organizations informed about changes in reporting legislation and compliance requirements.
-Help organizations meet both mandatory and voluntary sustainability reporting requirements.
-Prepare reports that comply with emerging ESG regulations and guidelines.
External Assurance & Verification
-Compare an organization’s sustainability performance with industry peers.
-Identify areas for improvement by analyzing how competitors report on sustainability metrics.
-Track progress against sustainability goals and KPIs.
-Conduct gap analysis to identify missing or underperforming areas in sustainability practices and reporting.
Sustainability Ratings & Indices
-Help organizations improve their scores in sustainability ratings and indices (e.g., MSCI ESG Ratings, Sustainalytics).
-Identify gaps in performance that affect sustainability rankings and propose action plans.
-Guide companies in preparing submissions for inclusion in global sustainability indices.
-Assist in responding to assessment questionnaires and improving rankings.
Sustainable Development Goals (SDGs) Reporting
-Help organizations align their sustainability reporting with the UN Sustainable Development Goals.
-Identify relevant SDGs and report on contributions to specific targets.
-Develop frameworks to monitor and report progress toward the SDGs.
-Highlight contributions to specific goals in sustainability reports.
Climate Reporting & Carbon Accounting
-Report on climate change-related risks and opportunities, aligned with frameworks like TCFD.
-Disclose scope 1, 2, and 3 GHG emissions in sustainability reports.
-Measure and disclose the organization’s carbon footprint across operations and supply chains.
-Implement strategies for carbon reduction and net-zero emissions reporting.
Sustainability Report Translation & Localization
-Translate sustainability reports into multiple languages for global stakeholders.
-Adapt content to local contexts while maintaining consistency in messaging.
-Tailor sustainability reporting for cultural and regional sensitivities, especially for global companies.
Continuous Improvement & Reporting Cycle Management
-Develop a robust reporting process for annual or biannual sustainability reports.
-Set timelines and workflows to ensure timely and efficient reporting.
-Provide ongoing advice on improving sustainability performance and reporting over time.
-Monitor emerging trends and reporting standards for continuous alignment.
Sustainability Communication & Media Relations
-Develop media strategies for promoting sustainability reports.
-Engage with journalists, media outlets, and thought leaders to highlight sustainability achievements.