BUSINESS SITUATION
The client wanted to develop relevant environmental policies and disclose their sustainability initiatives, performance and way forward. The objective of the engagement was:
- To be cognizant of their multi-stakeholder perceptions and showcase their commitment to ESG integration in their operations for a sustainable future
- To advance their environmental scores with leading ESG rating platform, develop relevant policies and improve their disclosures on Energy, Emissions, Water and Waste aspects
- To disclose ESG performance and commitment by developing sustainability disclosures in alignment with the leading sustainability frameworks and global sustainability goals
SGA APPROACH
- Assisted in developing and formulating environmental, energy and emissions, water, and waste management policies
- Development of standardized templates to be used for capturing data for GHG emissions, water, and waste
- Identification and prioritization of ESG topics material to the organization through stakeholder engagement
- Identification of ESG indicators and KPIs relevant to client’s operations and sector
- Review and analysis of existing processes, procedures, and initiatives
- Creation of information requisition templates to fill in information gaps
- Organizing the captured information for development of sustainability report
- Designing the report as per client’s branding guidelines
BENEFITS AND OUTCOMES
- Materiality matrix prioritizing ESG topics for the organization
- Enhanced disclosure quality across globally recognized standards and compliance requirements
- Streamlined information capturing of the client’s sustainability initiatives and performance
KEY TAKEAWAYS
- Development of data-monitoring templates to capture the client’s environmental data in their operations
- Significant improvement in the client’s ESG ratings in a short turn-around time
- Prioritization of material ESG topics for the organization
- Analysis of gaps in ESG disclosures
- Development of sustainability disclosures and their early implementation
