We have expertise to help build sustainability throughout business units and create a holistic approach to ESG strategy.

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What is Environment Social Governance Consulting (ESG Strategy)?

ESG Strategy is increasingly becoming the preferred criteria by which investors choose companies that promise sustainability and profitability in the long term. ESG standards and frameworks such as the Global Reporting Initiative (GRI), Task Force on Climate Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB) help build transparency and resilience into businesses, provide competitive advantage and strengthen risk responses. By understanding and leveraging environmental, social and governance risks and opportunities companies can build long-term value, make meaningful disclosures, and meet global standards and regulations. These include driving sustainability by embedding and addressing net-zero carbon strategies, climate-change scenario analysis, health and safety issues, diversity & inclusion, and ethical conduct throughout your business strategy.

Why Do You Need ESG Strategy?

Meet the legal regulations – ESG and climate change considerations are soon to become mandatory disclosure requirements for large companies across the world.

  • As of April 2022, over 1300 UK-registered companies and financial institutions will be required make mandatory disclosures using the Task Force on Climate-related Financial Disclosures (TCFD) guidelines. This regulation is soon to expand over the coming years. Companies with over 500 employees and £500m annual turnover in the UK will be required to disclose climate change associated risks and opportunities.
  • Taxonomies around the world are becoming the norm that would require Green businesses to make standardised ESG disclosures to get access to investments. The UK-Taxonomy in works will provide sustainability criteria for UK companies in near future.
  • The Bank of England’s Prudential Regulation Authority (PRA) issued a Supervisory Statement (SS3/19) setting out expectations for firms regarding their consideration of climate risk.

Meet the Industrial Standards – ESG is becoming the global standard approach to build competitive advantage as firms strive to build customer reputation and investor trust. Peer benchmarking of sustainability performance helps firms create an edge in their industry.

Meet Investor Expectations – To be able to get access to institutional investors firms can no longer ignore sustainability credentials. Transparent and impactful reporting, and strong sustainable approaches are connected to long-term profitability through ESG.

Mabbett ESG Strategy Services

We have expertise to help build sustainability throughout business units and create a holistic approach to ESG strategy. Our team of experts belong to diversified backgrounds with expertise in carbon footprint assessment, low-carbon solutions, net-zero carbon strategy, environmental engineering, ISO 14001 environmental management and ISO 50001 energy management, water and waste reduction, circular economy, occupational hygiene, environmental legislation compliance, health and safety legislation compliance and training, corporate sustainability, impact investing, ESG integration and ESG reporting to well-known standards such as GRI and TCFD.

What’s the difference between CSR and ESG?

In the past, Corporate Social Responsibility (CSR) has been a self-regulated means to structure and deliver company-led activities (mainly social, but can also be environmental or economic activities) with the intent of positive community impact. ESG sets specific criteria and is therefore assessable by external parties (e.g. investors) against the frameworks defined.

Does having an ESG Framework in place ensure compliance with legislation?

The “G” of ESG is Governance, and this describes how the company will assess compliance requirements and evidence of compliance. Compliance can be audited and results reported under the company’s described governance mechanisms. Whilst having an ESG Framework in place does not guarantee compliance, it provides a means of reducing the risk of non-compliance.

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