Client
One of the largest corporate brands with a global operational footprint.
Business Situation
The client wanted to enhance the quality of their ESG reporting by ensuring that their self-disclosure channels best reflect their efforts and progress in the reporting year. The objective of the research was to ensure that the client gets a clear overview of the gaps in their reporting with respect to globally accepted frameworks and sector-specific material issues.
Engagement
In-depth analysis of the company’s ESG/sustainability reporting to identify gaps and solutions.
SGA Approach
- As-is analysis of previous financial year’s report to identify gaps in reporting.
- Gap analysis of the company’s disclosure quality with respect to presently adopted as well as globally accepted reporting frameworks.
- Peer reviewed to assess quality and alignment of sector-wide reporting processes.
- Indexed the company’s performance in the gap assessment to weighted scores.
- Prepared structured insights from the gap assessment to help improve on data and statement framing and representation.
- Indicator-specific performance commentary with respect to currently adhered reporting and compliance frameworks.
- Assessed the client’s multiple public disclosures to ensure consistency and clarity in reporting.
- Identified stakeholder requirements for the sector and inculcated the same in the company’s reporting.
- Recommended opportunities for improvement in upcoming reporting cycles.
Benefits and Outcomes of Our Engagement
- Enhanced disclosure quality across guidelines, reporting frameworks, and compliance requirements.
- Peer group review provided information on current trends and market requirements.
- Identified upcoming and leading materiality topics in the sector and the company’s preparedness for its reporting.
Key Takeaways
- Analysis of gaps in ESG disclosures.
- Review of performance of peers on key material indicators.
- Structured insights to address shortfalls in reporting on key global reporting frameworks.
- Preparedness in reporting to help address present and upcoming compliance requirements.