ESG Reporting
An ESG report summarizes both qualitative information and quantitative indicators within a selected ESG reporting framework. Clients, workers, board members, investors, creditors, local communities, suppliers and governments will demand this information.
The key pillars of ESG are Environment, Society and Governance. Each of these pillars contains topics of importance that are essential not only for reporting and compliance but also for financial purposes. Depending on the industry, reporting will vary but in general it is expected that companies and organization keep and report on a minimum of areas.
Framework adoption
Selecting and adopting a reporting framework can be challenging. Depending on the organization resources, potential, and sector/industry one single framework or even a combination of two ore more could be advisable.
The following are some of the most common:
Internal control over ESG reporting
At ESGNext we advise companies and
At ESGNext we advise companies and organizations to develop, prioritize and effectively communicate their performance against ESG risks and opportunities. Furthermore, we support on establishing internal controls within the management system.
Adequate controls for ESG reporting are the cornerstone to report and take strategic decisions based on reliable data. In addition to a solid ESG reporting, establishing internal controls over ESG reporting helps your organization to drive accountability and performance at the right level.
Industry Benchmarking
We help organizations to benchmark their ESG impacts and reporting against their industry and value chain (competitors, customers, suppliers, donors and sponsors, etc.)
Sustainability benchmarks are very useful to gather comparable information, evaluate the sustainability performance of compulsory and/or voluntary standards, predict business risks and opportunities, and help substantiate the real impact of sustainability strategies.
KPI Implementation and review
ompanies and organizations may not be keeping track of what is needed or make use of their own metrics to evaluate ESG.
We assist organizations in defining smarter, stronger and impactful KPIs that are consistent with your type of industry, operational scope and ESG opportunities. Moreover, we ensure ESG KPIs are aligned with value creation and comply with compelling regulation.
KPI
ESG
Financial
Bidding qualification support and Financing
More and more, companies evaluate sustainability practices across their supply chain in order to qualify and select business partners.
We support organizations in understanding common tender levers in their sector to improve their performance, while at the same time, we provide bespoke advice during on-going qualification process.
Sustainability has evolved from just static certifications into a content-based explanation on how impacts are managed and steered into the right direction in a measurable, consistent and verifiable manner.
Similarly, we assist organizations in matching or exceeding sustainability requirements for government grants and financing from international organizations.
