Develop a strategy to improve your ESG performance and achieve your sustainability goals with ESG advisory services from SGS.
Bring your environmental, social and governance strategy to life. Our end-to-end, customized ESG advisory service begins with the identification of gaps and opportunities for improvement. We will then guide you in integrating ESG principles throughout your operations, monitoring your project and communicating your ESG journey.
ESG strategy and road map development
Our team of experienced consultants has the knowledge and tools necessary to assess your current sustainability practices and create a roadmap to help you reach your sustainability goals.
We will help you:
- Assess your current sustainability practices and identify areas for improvement
- Develop a sustainability vision and mission statement, aligned with your organization's values and goals
- Identify specific, measurable, achievable, relevant and time-bound (SMART) sustainability goals
- Create a comprehensive action plan, which includes the identification of key stakeholders and their responsibilities, to achieve your sustainability goals
- Integrate sustainability considerations into all aspects of your business operations, including procurement, product development and marketing
Stakeholder engagement and materiality assessment
By combining stakeholder engagement with a materiality assessment, we can help your company develop a sustainability strategy that is informed by the needs and expectations of your stakeholders, while also aligning with your business goals and values.
We will help you:
- Identify key stakeholders, including shareholders, customers, employees, suppliers and community members
- Assess stakeholder needs, expectations and priorities regarding sustainability
- Determine the most material sustainability issues for your organization, based on an analysis of the impact and importance of each issue to your stakeholders and the wider community
- Develop a materiality matrix to prioritize sustainability issues and inform the development of your sustainability strategy
- Implement a stakeholder engagement program to communicate your sustainability initiatives and gather feedback on your progress
ESG gap analysis
Identify the strengths and weaknesses of your organization’s environment, social and governance (ESG) strategies with a gap analysis.
An ESG gap analysis is the process of conducting a materiality assessment of an organization’s ESG issues and then a performance assessment of how the organization is managing those issues. It benefits organizations that have already implemented an ESG strategy and wish to delve deeper into understanding their ESG maturity level for continuous short, medium and long term improvement.
What are the benefits of an SGS ESG gap analysis?
- Full assessment from an outside-in perspective
- Identify strengths and weaknesses objectively
- Understand customers’ ESG stewardship trending
- Prioritize and optimize resources
- Understand your competitors and industry
- Obtain greater expert insights
Integrated reporting of sustainability frameworks
Let us help you develop an integrated reporting approach, reporting your financial, social, environmental and governance performance in a single report. You can integrate your BRSR reporting with other sustainability standards, such as GRI or SASB, to create a more complete picture of your company's sustainable practices.
Integrated reporting enables standard-setting organizations and reporting frameworks to collaborate with each other, to ensure that requirements and guidelines are aligned, and to facilitate the alignment and integration of reporting systems. This approach ensures that companies have a clear and consistent direction on how to report their sustainability efforts.
The following reporting frameworks can be included within your integrated report:
- Business Responsibility and Sustainability Reporting (BRSR
To enhance disclosures on ESG standards, the Securities and Exchange Board of India (SEBI) has mandated that BRSR applies to the top 1,000 listed entities by market capitalization for reporting on a mandatory basis from FY 2022–23.
- Global Reporting Initiative (GRI) framework
GRI is the most widely used reporting framework globally, with 11,000+ organizations and 40,000+ reports available on the GRI database. This standard offers disclosures on an extensive range of sustainability topics. It will help you identify, gather and report ESG data in a clear and standardized manner.
- Integrated Reporting (IR) framework
The IR framework allows for the integration of financial and non-financial information, to provide a more comprehensive and integrated view of your organization's performance and impacts.
- Carbon Disclosure Project (CDP)
CDP will help you measure and understand how you manage your environmental impacts, particularly in relation to climate change, water security and forests.
- Dow Jones Sustainability Index (DJSI)
DJSI provides a global framework for your organization to develop more effective climate related financial disclosures through your existing reporting processes.
- Sustainability Accounting Standards Board (SASB)
SASB identifies the financially material ESG disclosure topics and metrics that every company should disclose.
- UN Sustainable Development Goals (UN SDGs)
Our team will help you identify the key SDGs that are most relevant to your business and help you develop a strategy for aligning your ESG and sustainability initiatives with these goals.
GHG accounting
We will help you create a greenhouse gas (GHG) inventory. This is an important tool for understanding and managing your carbon footprint, identifying opportunities for emissions reductions and demonstrating your commitment to addressing climate change. It can also be used to track progress over time and benchmark against other organizations.
ESG rating support
Our team of experts will work with your organization to identify areas of improvement, conduct a gap assessment and develop a strategy for implementing key actions in the short, medium and long term.
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Local site contact number
SGS House,
4B, Adi Shankaracharya Marg, Vikhroli (West),
Mumbai, Maharashtra, 400 083,
India