Keeping you balanced
ESG Management Framework
Materiality of Sustainability topics based on stakeholder impact and regulation
- Undertake impact materiality or double materiality (impact + financial) as per client strategy, reporting frameworks / standards and regulatory requirements
- Conduct impact assessment and Risk and Opportunity identification from a Sustainability perspective in alignment with the organisation's enterprise risk management process
- Support identify relevant Sustainability topics and metrics to monitor and report ESG performance on a periodical basis based on the prioritisation of material impacts
- Recommend suitable ESG reporting frameworks and standards based on strategy, scale and maturity of organisation while providing necessary support and tools to embed these frameworks and standards within the organisation i.e. GRI, ISSB, TNFD, SDG, UNGC etc.
Sustainability strategy policies, process and SOPs
- Support client to develop a Sustainability strategy in alignment with Risk management fundamentals
- Review or support develop policies related to selected Sustainability topics
- Develop or review management approach and governance structures for Sustainability in alignment with organisations strategy, value chain and reporting framework or standard.
- Develop SOPs (Standard Operating Procedures also know as Basis of Preparations) to ensure all methods, calculations, assumptions and references are accurate, consistent and inline with global standards where relevant. This also is a prerequisite for external audits at both Limited and Reasonable levels.
Externally auditable data tracking mechanism
- Develop an Excel based data tracking and monitoring system which enables automatic error identification and generates dashboards for various management levels and committees.
- Where a client has a sustainability system in place we can support to ensure that it has the sufficient rigour and processes built in to ensure data integrity and be auditable for limited or reasonable assurance under the ISAE3000, ISSA5000 and AA1000 assurance standards.
- Advise and guide an organisation on the key requirements when implementing a third-party Sustainability system or developing an inhouse system to collate, track and report Sustainability performance.
- Provide support on ESG framework / standard interoperability to ensure that efficiencies are built in and avoid duplicating processes to align with multiple ESG frameworks and standards.
Benchmarking, Gap assessment and Target setting
- Support clients with Sustainability benchmarking against industry peers and global / industry best practice. This can be in alignment to a particular ESG framework or standard.
- Conduct gap assessments against ESG frameworks, standards or mandatory disclosure requirements.
- Support the organisation to analyse Sustainability performance and provide guidance on setting suitable targets.
Advice on Sustainability Initiatives
- Advice clients with identifying suitable Sustainability initiatives based on the stakeholder expectations, industry norms and organisational ambitions. While we do not engage in the implementation of the initiative, we are able to suggest relevant initiatives based on alignment with materiality and Sustainability metrics.
- Conduct high level assessments on Sustainability initiatives and support developing the narrative for both internal and external communication.
- Provide guidance to track if the Sustainability initiative has impacted the Sustainability performance over a period based on the Sustainability metric trends.
ESG disclosures and Assurance readiness
- Support clients with aligning multiple ESG frameworks and standards through identification of interoperability i.e GRI with ESRS, SDG's, ISSB etc.
- Review Sustainability disclosures and provide recommendation based on best practice and relevant ESG framework and standard
- Provide gap assessment in readiness for organisations who will be subject to external assurance in line with global assurance standards.
Risk Management
Strategic design and implementation of Risk Management Framework
- Introduction of Risk Governance Structure and Framework
- Assistance in development of Risk Policy and Risk Tolerance Statement in line with ISO31000 and the COSO Framework
- Development of customised Risk Register for identification, rating and mitigation of Risks by the organization
- Alignment of Risk register to Sustainability Related Risks and Opportunities (SRRO's)
Bespoke support
on ESG, Risk and Compliance components
- While the ESG management framework (EMF) has been designed to be sequential we can provide support for each stage based on client needs and level of maturity
- Support over Scope 1, 2 & 3 GHG emission reporting readiness
- Support develop Sustainable supply chain tools and strategy
- Advice on how to incorporate Sustainability targets for executive remuneration i.e. short-term incentives and long-term incentives.
- Support Sustainability compliance based on country requirements i.e. Australia - NGERS, ASRS, APS Netzero, Modern day Slavery etc.
- Aligning with Voluntary frameworks i.e SBTi, CDP, MSCI etc.
- Alignment with Sustainability related International standards such as ISO14000 (Environment), ISO45000 (Health and Safety) and ILO (International Labour Organisation.
- Training, capacity building and facilitating change within the organisation on Sustainability and Risk
Benefits of our services
Do you want to cut through the clutter of Sustainability acronyms and understand what you really need based on your industry, scale and legislation?
- Our strength is to understand each of our clients, and provide a bespoke solution based on multiple factors which includes the organisations appetite and vision. Our tried and tested tools and processes will help embed Sustainability on a needs basis and ensure value creation instead of a check box approach.
Are you wanting the benefits and value created through an internal Sustainability team but have cost constraints?
- With a vast cumulative experience of multiple industries, we can augment an internal Sustainability function. This allows the organisation to significantly reduce its operating costs with no compromise on the desired knowledge to achieve quality outcomes.
Are you wanting the benefits and value created through an internal Sustainability team but have cost constraints?
- With a vast cumulative experience of multiple industries, we can augment an internal Sustainability function. This allows the organisation to significantly reduce its operating costs with no compromise on the desired knowledge to achieve quality outcomes.
Do you want to be up to date on global trends and Sustainability related knowledge?
- Continuously receive knowledge of current Sustainability standards and trends at no additional costs of training and upskilling of internal staff.
Is your organisation unable to respond to its stakeholders Sustainability issues and impacts?
- Be proactive to understand your ESG related impacts to the value chain allowing the organisation to identify and mitigate potential risks by prioritising stakeholder issues and concerns in a timely manner.
Do you want to embed the Sustainability best practice?
- Build the necessary processes and competence to undergo an external assurance inline with global audit standards and be aligned to local and global legislation where relevant.