Our ESG Offering
Environmental, Social and Governance
- ESG/Sustainability policy development
- Peer benchmarking & materiality assessments
- Stakeholder consultation
- Baseline study
- ESG strategy development & cost accounting
ESG
Reporting
- Reporting Solutions- GRI/TCFD/BRSR/IIRC
- Sustainability & ESG Reporting
- ESG data collection & validation - Regulatory compliance strategy
- Roadmap planning
ESG Consulting Services
- ESG/social performance audits
- Regulatory & supply chain compliance audits
- Financial accounting of ESG
- Third-party assurance aligned with global standards
Other Value Added Services
- Carbon footprinting - Peer benchmarking
- Decarbonization strategy
- Waste & water management planning
Why is ESG reporting and Assurance important for organizations?
Enhanced Transparency and Trust
ESG Reporting and Assurance provides detailed insights into a company's sustainability initiatives and operational impacts. Transparency builds trust with stakeholders and demonstrates accountability.
Attracting Investors with better ESG scores
Investors consider ESG factors in their decisions and
CDP – Assurance of GHG is required to get leadership points and hence a “A” score
GRESB – Global Real Estate Sustainability Benchmark – substantial weightage points assigned to assurance and verification
Consumer Loyalty
Consumers remain inclined to support brands that are committed to sustainability and ethical practices. ESG Reporting and Assurance strengthens brand loyalty by highlighting the organizational dedication towards positive social and environmental impact.
Regulatory Compliance
Various regulations across the globe mandated assurance of sustainability and ESG Data such as:
CSRD – EU
BRSR – India
California SB 253 and US-SEC
Turkey (TSRS), Singapore, Japan and the list is growing by the day.
Goal Setting and Tracking
ESG Reporting and Assurance sets and tracks sustainability goals. It helps companies in measuring their data-driven decisions and progress, for consequent improvement of ESG performance with time.
Risk Mitigation
It also assists in risk mitigation related to “ESG” issues. Proactive management of the risks helps companies safeguard their reputation.
ESG Reporting and Assurance Frameworks and Standards
Following the establishment in 2015 by the Financial Stability Board, TCFD forms recommendations for disclosing financial risks related to the climate. It is integrated with the IFRS Sustainability Reporting Standards as per ISSB or International Sustainability Standards Board.
SASB gives ESG Reporting and Assurance standards that are industry-specific through 77 metrics. It also offers a web tool called the Materiality Finder Tool for the identification of relevant issues based on ESG.
CDP is a not-for-profit organization studying the relationship between climate and environmental impacts, and the fiduciary responsibility for publicly-traded, large companies. Founded in 2000, CDP assists companies in disclosing carbon emissions data using questionnaires on water security, forests, and climate change.
The UNGC is a voluntary initiative that promotes ten principles concerning labor, human rights, anti-corruption, and the environment, which supports different sustainable practices and developmental objectives in business.
Founded in 2010, IIRC advocates integrated reporting and links ESG factors with financial performance. This helps in the provision of a holistic understanding and comprehensive outlook for value creation.
SBTi operating in the private sector motivates organizations to utilize science-based targets setting a 5-stage process. The targets need to be appropriate scientifically as per certain criteria for meeting the objectives of the Paris Agreement. Organizations of all industries and sizes can join as pathways specific to sectors remain developed.
This is supported by the UN to consider a network of investors worldwide, to whom they can provide support through consideration of investment implications related to ESG factors. The body operates independently in the interest of its investors, their financial markets and economies, as well as the environment and society as a whole.
