The demand of sustainability data from external stakeholders is increasing, besides the known fact that measuring KPIs play a crucial role in internal decision-making for organisations.
We help you getting ready for the new expectations in time.
Emerging mandatory reporting proposals focus on scenario building, management of sustainability related risks and opportunities, metrics, and targets. Large corporations will extend the requirements of ESG information to their supply chain.
Governments will have to show progress on their environmental commitments. New laws and industry regulations will seek to maximise risks and opportunities, internalize costs for negative impacts on the environment and society to the producers. Sustainability data on a macro level is key.
Banks and investors are mobilizing to meet their needs for comparable and reliable ESG information. They will require sustainability data to assess risk premiums and to access new financial instruments such as green loans, bonds, etc.
You may leverage the funds set aside by the government institutions to help SMEs align with Green Plan 2030. To demonstrate that the subsides have been used to green the operations, basic sustainability data is required in return.
Corporates are carrying out supplier assessments to meet regulatory demands. The judgement of performance is based on comparable sustainability data and transparency.
The social license to operate would be affected by the shift in consumer behavior. This indirectly affects revenues and competitive advantage. Risks and opportunities related to intangible assets such as branding and reputation have become crucial.
People are becoming aware of the climate crisis and social injustices. This is making them conscious of their associations with sustainable companies. There are risks and opportunities directly associated with attracting and retaining customers and employees to be closely monitored.
Sustainability is associated with a cost centre, but not having it integrated into the business strategy will affect the TOP LINE. Sustainability is not nice to have, but it is how a business is conducted.