The integration of Environmental, Social and Governance factors (ESG) has become a mainstay within asset management. Other areas of finance are also well underway in taking on board ESG considerations. These trends, expedited by the EU Sustainable Finance Action Plan are forcing finance industry players to answer two fundamental questions:
A) Do we have the processes in place to adequately assess the risks & opportunities associated with ESG topics?
B) Do we want to take an active role in creating positive impact on ESG topics, and if so, how?
Current strategic directives do not lead your organization in accordance with the new expectations.
Sales and customer satisfaction is reduced if products & services are not adapted to the new requirements imposed by sustainable finance related targets.
With an increasing focus on the topic of greenwashing, poor communication on strategy can lead to negative reputational effects.
By reviewing and updating your strategic goals with regards to sustainability, support you on your journey towards new ESG integration strategies and adjust and renew target setting.
By performing efficiency assessments to identify improvement opportunities as well as providing gap analysis in relation to sustainability best practices and frameworks to support you in developing sustainable-linked products & services.
Support you in integrating sustainability risks into mainstream risk management processes & support in preparing for reporting requirements.
Employees lack the knowledge and skills needed to identify material ESG risks or to respond and integrate sustainable strategies.
Insufficient and/or unintegrated tools to meet increased measurement and ESG data and assessment across the organization. Difficulties in accessing and sharing data.
Lack of clearly defined roles and responsibilities when it comes to cross-division projects related to ESG can lead to ineffective implementation.
By providing training on key sustainability-linked reporting frameworks, climate change risk methodologies and the impact and applicability of regulation.
Support you with ESG tool design for data ingestion and report generation. Help you to design ESG evaluation tools and support in ESG data procurement.
By supporting you with project management and strategy implementation.
Lack of awareness and preparation for incoming ESG-related regulation and its long-term implications, may prove costly.
Addressing the risks and opportunities associated with climate change will require integration of the topic into risk management, strategy, compliance & other areas.
Being underprepared for the upcoming wave of sustainability reporting requirements will be burdensome.
Support you in identifying relevant (current and forthcoming) regulation, execute gap analyses and present implications for operations and strategy.
Support in performing ESG risk analyses, integrating ESG into internal control frameworks and second or third line advisory and/or control of ESG initiatives.
By identifying and selecting relevant KPIs for sustainability related reporting as well as advise on suitable frameworks, tools and applicable regulation.