Strong sustainability performance demands robust governance
To continuously improve the way companies manage their sustainability performance, they must have a good understanding of how, why and where they are having an impact on the planet and people.
This is why corporate sustainability governance and risk management are so important.
It is only by having appropriate and effective policies, processes and management systems that organisations can ensure they are doing all they can to drive sustainability performance – from reducing greenhouse gas emission impacts and eliminating human rights risks, to cutting waste and delivering low-carbon products that customers increasingly expect.
Effective governance provides a framework for decision-making that takes into account the long-term interests of stakeholders, rather than just the short-term interests of shareholders. Robust governance process also enables companies to get on with the day-to-day running of their operations, confident that what they are doing – and how they are doing it – is in line with what their stakeholders expect of them.
How we can help with your sustainability governance and risk management
Our team will work with you to ensure you have the skills, insights and capability across your entire business to make decisions informed by an understanding of the sustainability risks and opportunities associated with your organisation.
By giving you the tools to create a strong governance structure, sustainability can be more easily integrated into your overall strategy, helping you to set clear ESG goals and targets and achieve long-term financial performance.
For example, meeting regulatory requirements or the demands of voluntary initiatives can be complex. By assessing and analysing your current approach, we can give feedback and recommendations for actions to take.
Our approach to developing and implementing strong governance will also enhance:
- Accountability and transparency, building trust with stakeholders, including customers, employees, investors, and communities.
- Risk management. Ensuring risks are identified, assessed, and managed appropriately reduces the potential for negative impacts on your reputation, financial performance, or social license to operate.
- Stakeholder engagement, by providing clear channels of communication and ensuring that diverse perspectives are considered in decision-making.
We can also help you to set up and manage sustainability-focused committees or leadership boards, facilitate meetings, and create internal communications to provide oversight of salient sustainability issues.