Creating the foundations for strong ESG performance
It is crucial that every firm knows and understands what impact it is having to ensure it is taking the right steps to improve its ESG performance.
That’s where governance and risk management plays a crucial role.
With the right foundations, processes, policies and systems in place, businesses can be confident they are doing everything in their power to reduce ESG risks connected to their operations, products and supply chains, and meet the expectations of their stakeholders.
Increasingly stringent regulation places a burden on senior executives and board members to effectively address ESG impacts. Meanwhile investors are enhancing their scrutiny of companies to find how their approach to sustainability might affect future returns.
Strong governance allows companies to get on with the day-to-day running of their business, safe in the knowledge that their fundamental duties are being discharged properly, and that long-term value is being created in line with their overall mission.
How we can help with your ESG governance and risk management
We make sure that you have the skills, insights and capability across the whole of your organisation to make good decisions that are informed by an understanding of the risks and opportunities associated with your business.
This includes building an understanding of your legal obligations and your responsibilities towards your various stakeholders. Upskilling board members to ask the right questions about the impacts and risks of human rights, waste or biodiversity, for example, is increasingly important in eliminating the possibility of regulatory breaches.
We can give you the tools to build the right governance structure, processes, oversight practices and management controls that support the implementation of your ESG strategy and ongoing ESG investments.
Other key services include:
- We can help you set up and manage ESG-focused committees or leadership boards, and facilitate meetings and create internal communications to provide oversight of material ESG issues.
- We carry out health checks of current approaches to meeting key requirements of regulations or voluntary initiatives that can often be complex, providing feedback and analysis of what actions your firm should take.
- Our portfolio screening and due diligence service, which assesses and analyse the makeup of funds for investors, improves the learning and capacity for deal teams, and offers valuable insight into overall risks and opportunities that boards increasingly need to understand.